Is Albany, Oregon a Good Place To Live? - Living In Albany, OR

Is Albany, Oregon a good place to live?
Albany is a city in Oregon state in USA with a population of 54442 residents.. The poverty rate of Albany is 10.9%, which is 22% lower than national average. The typical household in Albany earns $62172 a year, compared to the national median of $67,500. Nearly 39.9% 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 Albany, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Albany remained 7.2%, which is 53% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Albany, only 28% of adults have a bachelor's degree and 42% have some college but no degree.

Cost of living in Albany is 110, which is 10% higher than national average. Median home value in Albany is $244000 , which is 6% higher than national average. While median income in Albany remained $62172, which is 8% lower than national average.
Population
54442
Unemployment
7.2%
53% NAT AVG.
Poverty
10.9%
22% NAT AVG.
Overall Score
7
Median Home Cost
$244000
6% NAT AVG.
Median Income
$62172
8% NAT AVG.
Median Rent
$1047
10% NAT AVG.
Cost Of Living
110
10% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 14
People Earning < $10,000
1 in 25
People Earning < $50,000
39.9%
People with <= High School
1 in 3.3
People With Any Degree
1 in 2.6
Pros & Cons Overview

Jobs60%

Housing80%

Affordability60%

Safety60%

Amenities90%

Diversity80%

Education80%

Commute85%