Lake Carmel vs Albany
| Lake Carmel | Albany | |
|---|---|---|
| Population | 8,089 | 99,692 |
| Median Household Income | $109,243 | $61,986 |
| Median Home Value | $363,700 | $234,700 |
| Median Gross Rent | $1,565/mo | $1,216/mo |
| Homeownership Rate | 85.9% | 38.2% |
| Unemployment Rate | 3.8% | 7.8% |
| Bachelor's Degree or Higher | 34.6% | 45.3% |
| Median Age | 40.3 | 32.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.