8.5% of Albany, IN residents had an income below the poverty level in 2022, which was 47.7% less than the poverty level of 12.6% across the entire state of Indiana. 6.2% of high school graduates and 14.5% of non high school graduates live in poverty. The poverty rate was 8.6% among disabled residents. The renting rate among poor residents was 48.0%. For comparison, it was 16.8% among residents with income above the poverty level.
Poverty rates in Albany, IN
Residents with income below the poverty level in 2022:
Albany:
8.5%
Whole state:
12.6%
Residents with income below 50% of the poverty level in 2022:
Albany:
5.4%
Whole state:
6.3%
Poverty rate among disabled residents:
Albany:
8.6%
Indiana:
20.9%
Disability rate in this town among poor residents (it is 27.5% among residents who are not classified as poor):
Albany:
27.7%
Indiana:
23.8%
Renting rate in this town among poor and not poor residents:
Residents below poverty level:
48.0%
Residents above poverty level:
16.8%
Poverty by age in Albany, IN
Breakdown by age of poor male residents in Albany,IN (percentage below poverty level)
8.5%Under 5 years
0.0%5 years
9.4%6 to 11 years
13.8%12 to 14 years
8.3%15 years
0.0%16 and 17 years
24.2%18 to 24 years
0.0%25 to 34 years
23.5%35 to 44 years
0.0%45 to 54 years
8.7%55 to 64 years
8.6%65 to 74 years
0.0%75 years and over
Breakdown by age of poor female residents in Albany,IN (percentage below poverty level)
0.0%Under 5 years
0.0%5 years
0.0%6 to 11 years
6.1%12 to 14 years
0.0%15 years
0.0%16 and 17 years
13.5%18 to 24 years
4.6%25 to 34 years
6.6%35 to 44 years
3.1%45 to 54 years
4.2%55 to 64 years
15.8%65 to 74 years
16.6%75 years and over
Breakdown by age of very poor residents in Albany,IN (% below half of poverty level)
0.0%Under 6 years
0.0%6 to 11 years
5.3%12 to 17 years
11.7%18 to 24 years
0.0%25 to 34 years
16.9%35 to 44 years
2.5%45 to 54 years
4.7%55 to 64 years
2.6%65 to 74 years
8.3%75 years and over
Poverty by race and place of birth in Albany, IN
Breakdown of poor residents within races in Albany, IN (%)
8.0%White
0.0%Black
0.0%Asian
100.0%Native Hawaiian
0.0%Other race
0.0%2+ races
0.0%Hispanic
Breakdown of poor residents within races in Albany, IN (absolute numbers)
206White
7.7%Below poverty level
92.3%Above poverty level
Poverty in families in Albany, IN
Children below poverty level:
Albany, Indiana:
6.7%
State:
15.4%
Poverty rate among high school graduates:
Albany:
6.2%
Indiana:
8.9%
Poverty rate among people who did not graduate high school:
Albany:
14.5%
Indiana:
23.9%
15.0%Worked full-time, year-round
17.9%Worked part-time
67.1%Did not work
Other data
Owners below poverty level
0.0%1999 to 2000
0.0%1995 to 1998
0.0%1990 to 1994
0.0%1980 to 1989
0.0%1970 to 1979
0.0%1960 to 1969
100.0%1950 to 1959
0.0%1940 to 1949
0.0%1939 or earlier
Owners above poverty level
2.0%1999 to 2000
4.8%1995 to 1998
4.1%1990 to 1994
2.2%1980 to 1989
15.5%1970 to 1979
11.7%1960 to 1969
16.9%1950 to 1959
6.4%1940 to 1949
36.5%1939 or earlier
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