The Albert Lea population grew by 150 people in the past two years, according to the Minnesota Demographer's office. The city's population was 17,889 in 2015 and 18,045 in 2016. The growth was attributed to more people finding jobs in the city's local business community and the city council's efforts to promote workforce housing. According to the U.S. Census Bureau, the population of the city was 17,667.
The city council of Albert Lea has approved a new tax abatement program for properties located in the downtown area. If you own a single family home or a duplex with fewer than four units, you can qualify. The city's quality of life is exceptional and crime rates are low. If you have a home in the city, you'll be happy to know that the population of Albert Lea is growing.
The median property value in Albert Lea, MN is $97,100. It is 0.441 times lower than the national average. Nearly 79% of Albert Lea's population owns a home. The median household income in Albert Lea, MN is $44,513. This is lower than the national average, but still higher than the average for any city in the United States.
As a city, Albert Lea has a low poverty rate, making it a good place for people to live. It's home to 94.3% of the population with health coverage. If you want to know whether your home is in poverty, you can consult the city's official statistics. These figures are the latest available statistics, and are based on census block data. If you live in Albert Lea, you should consider getting health insurance, it'll help you stay healthy.