Albert Lea, MN Profile: Facts & Data

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Albert Lea, Minnesota - Basic Facts

The City of Albert Lea had a population of 17,833 as of July 1, 2019. Albert Lea ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Albert Lea is located at latitude 43.648 and longitude -93.3683 in Freeborn County. The formal boundaries for the City of Albert Lea encompass a land area of 13.1 sq. miles and a water area of 1.83 sq. miles. Freeborn County is in the Central time zone (GMT -6). The elevation is 1,247 feet.

The City of Albert Lea (GNIS ID: 2393902) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Albert Lea: City of Albert Lea.

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  1. Albert Lea 2019 Demographic Data
  2. Growth Rates for Albert Lea (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Albert Lea, MN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Albert Lea, MN Housing Affordability Index is 209
State of Minnesota Housing Affordability Index is 135
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Albert Lea, MN Wealth Index is 62
State of Minnesota Wealth Index is 112
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Minnesota COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 17,833 (100%)
Population in Households 17,329 (97.2%)
Population in Families 13,111 (73.5%)
Population in Group Quarters1 504 ( 2.8%)
Population Density 1,354
Diversity Index2 44
 

INCOME

Median Household Income $44,802
Average Household Income $58,492
Per Capita Income $25,169
Wealth Index4 62

HOUSING

Total Housing Units 8,385 (100%)
Owner Occupied HU 5,107 (60.9%)
Renter Occupied HU 2,549 (30.4%)
Vacant Housing Units 729 ( 8.7%)
Median Home Value $101,369
Housing Affordability Index3 209
 

HOUSEHOLDS

Total Households 7,656
Average Household Size 2.26
Family Households 4,568
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.07% -0.09%
Households -0.1% -0.09%
Families -0.13% -0.18%
Median Household Income   1.4%
Per Capita Income   1.96%

Albert Lea, MN - Peer Comparisons by Rank and Percentile

The table below compares Albert Lea to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 65 93rd
Population Density # 167 82nd
Diversity Index # 91 90th
Median Household Income # 808 11th
Per Capita Income # 765 15th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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