Cost of Living in Albany, GA
Population: 67,939 • 2026 Data
$45,201
Median Household Income
-42% vs national
$898
Median Monthly Rent
-33% vs national
$118,700
Median Home Value
-65% vs national
11.4%
Unemployment Rate
Housing in Albany
The median home value in Albany, GA is $118,700. Monthly rent for a typical unit averages $898, while total monthly housing costs (including utilities and insurance) average $891.
Rent-to-income ratio: 23.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Albany, GA is $45,201. The unemployment rate stands at 11.4%, with a labor force of 29,061 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.