Affordability evidence
Albany, GA home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Albany, GA.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
In Albany, GA, the 2024 ACS reports a median owner-occupied home value of $124,300, median household income of $47,240, and median selected monthly owner costs of $1,314 for owners with a mortgage. For the decision at hand, together, those three reference points may help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,314 measure combines recurring ownership expenses instead of real estate taxes alone. In practical terms, a useful affordability review starts with $124,300, $47,240, and $1,314, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Albany, GA's $124,300 median home-value estimate is below the statewide $303,300 estimate, with a reported city-to-state gap of 59.0%.