Albert Lea is a city in Minnesota state in USA with a population of 17804 residents.. The poverty rate of Albert Lea is 11.5%, which is 18% lower than national average. The typical household in Albert Lea earns $45929 a year, compared to the national median of $67,500. Nearly 54% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Albert Lea, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Albert Lea remained 4.3%, which is 9% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Albert Lea, only 16% of adults have a bachelor's degree and 35% have some college but no degree.

Cost of living in Albert Lea is 85, which is 15% lower than national average. Median home value in Albert Lea is $102700 , which is 55% lower than national average. While median income in Albert Lea remained $45929, which is 32% lower than national average.