MyNeighborhood

Can you afford to live in Albany?

Median household income, home values and rent in Albany, CA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Albany.

Median household income: $135,927 — +70.8% since 2015 (not adjusted for inflation)

Median gross rent: $2,389/mo — +46.8% since 2015

Median home value, 2015 to 2023

  • 2015: 675000
  • 2023: 1188600

Median household income

  • Albany: 135927
  • Alameda County: 126240
  • CA: 96334
  • U.S.: 78538

Median gross rent

  • Albany: 2389
  • Alameda County: 2318
  • CA: 1956
  • U.S.: 1348

Share of income a typical renter spends on rent: 27.9% — U.S.: 30.2%

What it means

The typical household here earns $135,927 — far higher than the national figure of $78,538.

The typical renter here spends 27.9% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+70.8% versus +46.8%), before adjusting for inflation.

Sources

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