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Albany, California Mortgage and Housing Information

Population: 16,444
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$288,500

Value of Houses and Condos

A comparison of the average prices of homes in Albany, California and the U.S.
U.S.CaliforniaAlbany
Median home value
in year 2000
$111,800$198,900$305,500

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.CaliforniaAlbany
With a mortgage$1,088$1,478$1,864
Without a mortgage$295$305$351

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Albany (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage78328.0%
First Mortgage Only1,51354.1%
Second Mortgage and/or Home Equity Loan49917.9%
Total2,795100%

Tenancy in Albany

How many people in Albany live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes3,550
Renter-occupied homes3,461
Homes for sale24
Homes for rent93
Total7,248

Age of Albany Residents

Median age for males and females (2000).
Males 34
Females 37

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.CaliforniaAlbany
Median Earnings$23,755$25,026$34,065
Median Earnings, Males$29,458$29,593$38,691
Median Earnings, Females$18,957$20,544$31,895

Males earn $6,796 (21.3%) more than Females in Albany.

Commuting in Albany

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo4,613
Carpooled1,056
Public Transit1,659
Bicycle349
Walking300
Other Means165
Total, Commuted8,142
Worked from home426
Total8,568

Time Spent Commuting in Albany

Time spent commuting in Albany
Time spent in minutesNumber of People
Less than 5276
5-9676
10-14899
15-191,142
20-241,032
25-29289
30-341,185
35-39256
40-44417
45-591,034
60-89723
Over 90213

Education

Level of higher education for people over 25 years in Albany (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College68813.2%92117.7%
Associate Degree1973.8%3797.3%
Bachelor's Degree1,53329.4%1,93737.2%
Master's Degree1,06320.4%1,26324.2%
Professional Degree2534.9%3035.8%
Doctorate Degree70213.5%3486.7%
Total (at least some college)4,43685.1%5,15180.9%
Total over 255,210100%6,364100%

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