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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.
Lifestyle in Albany
Income
| U.S. | California | Albany | |
|---|---|---|---|
| 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 Transport | Number of People |
|---|---|
| Car, solo | 4,613 |
| Carpooled | 1,056 |
| Public Transit | 1,659 |
| Bicycle | 349 |
| Walking | 300 |
| Other Means | 165 |
| Total, Commuted | 8,142 |
| Worked from home | 426 |
| Total | 8,568 |
Time Spent Commuting in Albany
Time spent commuting in Albany
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 276 |
| 5-9 | 676 |
| 10-14 | 899 |
| 15-19 | 1,142 |
| 20-24 | 1,032 |
| 25-29 | 289 |
| 30-34 | 1,185 |
| 35-39 | 256 |
| 40-44 | 417 |
| 45-59 | 1,034 |
| 60-89 | 723 |
| Over 90 | 213 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 688 | 13.2% | 921 | 17.7% |
| Associate Degree | 197 | 3.8% | 379 | 7.3% |
| Bachelor's Degree | 1,533 | 29.4% | 1,937 | 37.2% |
| Master's Degree | 1,063 | 20.4% | 1,263 | 24.2% |
| Professional Degree | 253 | 4.9% | 303 | 5.8% |
| Doctorate Degree | 702 | 13.5% | 348 | 6.7% |
| Total (at least some college) | 4,436 | 85.1% | 5,151 | 80.9% |
| Total over 25 | 5,210 | 100% | 6,364 | 100% |
Housing in Albany
Cost of Single-Family Houses
| Median price asked in year 2000 | $288,500 |
|---|
Value of Houses and Condos
| U.S. | California | Albany | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $198,900 | $305,500 |
Monthly Owner Costs
| U.S. | California | Albany | |
|---|---|---|---|
| With a mortgage | $1,088 | $1,478 | $1,864 |
| Without a mortgage | $295 | $305 | $351 |
Tenancy in Albany
| Owner-occupied homes | 3,550 |
|---|---|
| Renter-occupied homes | 3,461 |
| Homes for sale | 24 |
| Homes for rent | 93 |
| Total | 7,248 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Albany (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 783 | 28.0% |
| First Mortgage Only | 1,513 | 54.1% |
| Second Mortgage and/or Home Equity Loan | 499 | 17.9% |
| Total | 2,795 | 100% |
Age of Albany Residents
| Males | Females |
|---|---|
| 34 | 37 |
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