- Northwest Lodgings is a vacation rental/property management company based in Lincoln City, OR with focus on providing unmatched vacation experiences for our guests, trust, comfort and revenue for... View full company profile
As of 2008, the rental vacancy rate in Albany stood at 8%, relatively high compared to the rest of the country. There are about 46,882 housing units, averaging $176,900 in value, 33% of which are occupied by renters. The rent to price ratio in Albany is 0.4%, slightly higher than the Oregon average. For 14% of Albany tenants, 30% or more of their income goes to paying rent.
Albany has a population of 113,082, comprised of 43,332 households, with on average 3 members per household. Out of approximately 54,967 people in the civilian workforce, 51,720 (94%) were employed in 2008. 85% of the population 25 and older has earned a high school diploma, with 15% holding a 4 year college degree.