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Albany Oregon Real Estate By Jennifer Hershey

Albany Oregon Real Estate

Albany, Oregon, is located in Linn County, 21 miles S of Salem, Oregon and 64 miles S of Portland, Oregon. Albany has a population of 40,852.

Albany Homes

Albany properties pool is 16,143 residential properties including Albany new homes. Median age of real estate in Albany is 1973. Average Household size is 2.99 people. 3% are one bedroom homes, 21% are 2 bedroom homes, 59% are 3 bedroom homes, 15% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Albany Mortgage Statistics

Albany mortgages vs. USA median statistics

Homes Albany USA
Homes With No Mortgage 22%
30%
Homes With Mortgage 78%
70%
First Mortgage Only 56%
54%
First & Second Mortgage or HELOC 21%
16%

Albany Area Real Estate Tax

Albany Real estate Tax: Median Real Estate Taxes (2000) were $1,718 comparing to 1999 Median Family income $ 46,094. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Albany School District: Children make up 26.4% of Albany population. Albany has 10,785 under 18 years old residents, or 0.57 kids per one worker, or 0.67 kids per one household.

Albany Real Estate & Albany Homeownership

There are 4197.18 or 26% one person households, 5650.05 or 35% two person households, and 2582.88 or 16% three person households in Albany, Oregon. Median residents age is 34.6, Senior citizens (65+) make up 5,200 or 12.7%% of Albany population.

There are 19,074 workers (over 16 years of age) in Albany. Of these, 92.16% drive to work. Approximately 0.35% of workers in Albany take public transportation. An estimated 2.58% walk to work.

Median Albany homeowner's housing expences are 20.7%

Crime in Albany (2003), crimes per 10,000 residents per year

Type of Crime Albany USA, 2003
Violent Crimes
18.85
47.5
Robberies
8.32
14.2
Aggravated Assaults
8.08
29.5
Property Crimes
989.91
358.8
Burglaries
126.8
74.0
Larceny-Thefts
777.93
241.5
Motor Vehicle Thefts
85.19
43.3

Invest in Albany Properties

When making a decision about buying real estate in Albany Oregon area, you should consider following statistical data:

Category Albany USA
Near Medium City
Salem, Oregon
-
Near Large City
Portland, Oregon
-
Albany Zip Codes
97321, 97322
-
Albany Area Codes
541
-
White population
91.68%
75.1%
African-American population
0.53%
12.3%
Asian
1.14%
3.6%
American Indian & Alaskan
1.22%
0.9%
Hispanic (of any race)
6.09%
12.5%
Median Family Income (1999)
$ 46,094%
$42,000
Population Below Poverty Level
11.47%
12.4%

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See Also:

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More on oregon...

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