The median home value in Albany, IL is $145,000. This is higher than the county median home value of $108,100. The national median home value is $338,100. The average price of homes sold in Albany, IL is $145,000. Approximately 79.68% of Albany homes are owned, compared to 9.36% rented, while 10.96% are vacant. Albany real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Albany real estate agent to arrange a tour today!
Learn More About Albany Real EstateAlbany has a population of approximately 771 and experiences a population change rate of -13.86%. The population density is 714.6 / sq mi.
The median household income for Albany is $64,205, with 333 households and an average household size of 2.32.
The cost of living index in Albany is 85.9%.
The median value of a home in Albany is $145,000 with an appreciation rate of 8.3%. 79.7% of housing in the city is owned while 9.4% is rented.
The unemployment rate in Albany is 4.00%, and recent job growth is at 0.83%. Future job growth is projected at 32.34%.
The sales tax rate in Albany is 7.25%, while the income tax rate is 4.95%.
School expenditures in Albany are $17,912, and the school ratio is 13.7:1.
The average high temperature in July is 85 degrees, with an average low temperature in January of 13.2 degrees. The average rainfall is approximately 35.2 inches per year, with 30.6 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 93.31 | 91.35 |
College Degree - 2 year | 8.63 | 10.57 |
College Degree - 4 year | 17.78 | 18.83 |
Graduate Degree | 5.81 | 5.99 |
Expenditures per Student | $17,912 | $17,912 |
Students per Teacher | 13.70 | 13.70 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Early Step Pre-School | PK - PK | 59 | 29.5 | 61252 |
Erie Elementary School | PK - 04 | 244 | 12 | 61250 |
Fulton Elementary School | KG - 05 | 389 | 14.3 | 61252 |
Northside School | PK - 02 | 289 | 15 | 61270 |
Riverdale Elementary School | PK - 05 | 578 | 18.1 | 61275 |
Southside School | 03 - 05 | 261 | 16.6 | 61270 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Erie Middle School | 05 - 08 | 193 | 10 | 61250 |
Morrison Junior High School | 06 - 08 | 219 | 16.9 | 61270 |
River Bend Middle School | 06 - 08 | 211 | 17.6 | 61252 |
Riverdale Middle School | 06 - 08 | 251 | 18.4 | 61275 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Erie High School | 09 - 12 | 215 | 10.1 | 61250 |
Fulton High School | 09 - 12 | 303 | 13.3 | 61252 |
Morrison High School | 09 - 12 | 321 | 14.9 | 61270 |
Riverdale Senior High School | 09 - 12 | 321 | 13.7 | 61275 |