Albany is a very small town located in the state of Indiana. With a population of 2,286 people and just one neighborhood, Albany is the 221st largest community in Indiana.
Albany is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Albany is a town of service providers, sales and office workers, and professionals. There are especially a lot of people living in Albany who work in office and administrative support (11.94%), healthcare (7.65%), and food service (7.32%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.98% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Overall, Albany’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
Albany is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
The citizens of Albany are slightly less educated than the national average of 21.84% for the average city or town: 14.47% of adults in Albany have a bachelor's degree or advanced degree
The per capita income in Albany in 2022 was $25,910, which is lower middle income relative to Indiana and the nation. This equates to an annual income of $103,640 for a family of four. However, Albany contains both very wealthy and poor people as well.
The people who call Albany home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Albany residents report their race to be White, followed by Asian. Important ancestries of people in Albany include German, English, Irish, European, and Swedish.
The most common language spoken in Albany is English. Other important languages spoken here include Greek and Polish.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Albany, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you're planning where to retire, the neighborhood in Albany is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in IN, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.5% of the neighborhoods in Indiana. If you are considering retiring to Indiana, this is a good neighborhood to look at.
Significantly, 0.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 95.6% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Albany are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.2% of the neighborhoods in America. In addition, 3.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 69.6% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 32.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 31.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.4%), and 14.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 99.0% of households.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Albany, IN, residents most commonly identify their ethnicity or ancestry as German (27.2%). There are also a number of people of English ancestry (10.6%), and residents who report Irish roots (9.6%), and some of the residents are also of Scottish ancestry (3.0%), along with some Swedish ancestry residents (1.4%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (40.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (84.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.