Albany is located close to the center of Kentucky. Albany is between the Clinton, Pickett, Russell county. Albany has 2.25 square miles of land area and 0.01 square miles of water area. As of 2010-2014, the total Albany population is 1,743, which has shrunk 21.49% since 2000. The population growth rate is much lower than the state average rate of 8.45% and is much lower than the national average rate of 11.61%. Albany median household income is $25,288 in 2010-2014 and has grown by 73.71% since 2000. The income growth rate is much higher than the state average rate of 28.72% and is much higher than the national average rate of 27.36%. Albany median house value is $69,900 in 2010-2014 and has grown by 56.03% since 2000. The house value growth rate is higher than the state average rate of 40.25% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Albany is better than the state average in quality. The Albany area code is 606.