Is Albert Lea, MN growing?

Albert Lea, MN had an estimated 18,330 (±60) residents in 2020–2024, against 17,773 in 2015–2019.

That is a change of +3.1%, a measurable increase.

Its housing went from 8,580 to 8,552 homes (−0.3%), not a measurable change.

0.3% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
18,330 (±60)
Amount of change
+3.1%
Homes change
−0.3%
Built 2020 or later
0.3%

Residents and homes in Albert Lea, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents17,773 (±37)18,330 (±60)+3.1%Measurable increase
Housing units8,580 (±164)8,552 (±186)−0.3%Not a measurable change
Households that rent30.9% (±2.8 points)25.9% (±2.8 points)−5.0 percentage pointsMeasurable decrease
Median gross rent$687 (±$17)$857 (±$71)+24.7%No measurable change after inflation
Median home value$97,100 (±$3,542)$157,500 (±$8,407)+62.2%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Albert Lea against Freeborn County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Albert Lea+3.1%Measurable increase−0.3%
Freeborn County+0.5%Measurable increase−1.7%
Minnesota+3.2%Measurable increase+4.4%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Albert Lea

Housing units by year built, 2020–2024
Year builtAlbert LeaFreeborn CountyMinnesotaUnited States
2020 or later0.3% (±0.4 points)0.3%1.9%2.0%
2010 to 20191.9% (±0.8 points)2.3%8.5%9.4%
2000 to 20096.0% (±1.8 points)6.3%13.3%13.6%

2.2% of the homes in Albert Lea were built in 2010 or later.

The median age of residents is 44.3 years.

Growth in places near Albert Lea

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Albert Lea—18,330+3.1%Measurable increase
Albert Lea Township1.9 mi428−32.4%Measurable decrease
Bancroft Township4.6 mi752−6.9%Not a measurable change
Hayward5.9 mi231+6.0%Not a measurable change
Pickerel Lake Township6.0 mi742+21.6%Not a measurable change
Hayward Township6.5 mi340+2.1%Not a measurable change
Manchester6.6 mi32−64.8%Measurable decrease
Glenville6.9 mi572−8.5%Not a measurable change
Manchester Township7.1 mi436−12.8%Not a measurable change

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Albert Lea

Is Albert Lea growing?

Albert Lea, MN had an estimated 18,330 residents in 2020–2024 and 17,773 in 2015–2019, a change of +3.1%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Albert Lea?

The estimated number of housing units went from 8,580 in 2015–2019 to 8,552 in 2020–2024 (−0.3%), not a measurable change.

How much new construction is there in Albert Lea?

0.3% of homes in Albert Lea were built in 2020 or later and 1.9% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Albert Lea city, Minnesota (place:00694, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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