Albert Lea Minnesota Real Estate
Albert Lea, Minnesota, is located in Freeborn County, 51 miles SW of Rochester, Minnesota and 275 miles W of Milwaukee, Wisconsin. Albert Lea has a population of 18,356.
Albert Lea Homes
Albert Lea properties pool is 7,794 residential properties including Albert Lea new homes. Median age of real estate in Albert Lea is 1956. Average Household size is 2.88 people. 3% are one bedroom homes, 28% are 2 bedroom homes, 51% are 3 bedroom homes, 16% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Albert Lea Mortgage Statistics
Albert Lea mortgages vs. USA median statistics
| Homes |
Albert Lea |
USA |
| Homes With No Mortgage |
41% |
30% |
| Homes With Mortgage |
59% |
70% |
| First Mortgage Only |
44% |
54% |
| First & Second Mortgage or HELOC |
14% |
16% |
Albert Lea Area Real Estate Tax
Albert Lea Real estate Tax: Median Real Estate Taxes (2000) were $658 comparing to 1999 Median Family income $ 42,407. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Albert Lea School District: Children make up 23% of Albert Lea population. Albert Lea has 4,213 under 18 years old residents, or 0.51 kids per one worker, or 0.54 kids per one household.
Albert Lea Real Estate & Albert Lea Homeownership
There are 2572.02 or 33% one person households, 2805.84 or 36% two person households, and 935.28 or 12% three person households in Albert Lea, Minnesota. Median residents age is 41, Senior citizens (65+) make up 3,918 or 21.3%% of Albert Lea population.
There are 8,291 workers (over 16 years of age) in Albert Lea. Of these, 92.78% drive to work. Approximately 0.54% of workers in Albert Lea take public transportation. An estimated 3.03% walk to work.
Median Albert Lea homeowner's housing expences are 15.3%
Crime in Albert Lea (2003), crimes per 10,000 residents per year
| Type of Crime |
Albert Lea |
USA, 2003 |
| Violent Crimes |
20.16 |
47.5 |
| Robberies |
2.18 |
14.2 |
| Aggravated Assaults |
17.43 |
29.5 |
| Property Crimes |
244.06 |
358.8 |
| Burglaries |
20.7 |
74.0 |
| Larceny-Thefts |
208.11 |
241.5 |
| Motor Vehicle Thefts |
15.25 |
43.3 |
Invest in Albert Lea Properties
When making a decision about buying real estate in Albert Lea Minnesota area, you should consider following statistical data:
| Category |
Albert Lea |
USA |
| Near Medium City |
Rochester, Minnesota |
- |
| Near Large City |
Milwaukee, Wisconsin |
- |
| Albert Lea Zip Codes |
56007 |
- |
| Albert Lea Area Codes |
507 |
- |
| White population |
92.8% |
75.1% |
| African-American population |
0.37% |
12.3% |
| Asian |
0.8% |
3.6% |
| American Indian & Alaskan |
0.29% |
0.9% |
| Hispanic (of any race) |
9.48% |
12.5% |
| Median Family Income (1999) |
$ 42,407% |
$42,000 |
| Population Below Poverty Level |
9.94% |
12.4% |
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