2025 Compare Cities Economy:
Albany, OR vs Prior Lake, MN

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Highlights
- Household income in Prior Lake, is 77% more than it is in Albany and is 40% above the National Average.
- Albany unemployment rate is 6.5%.
- Prior Lake unemployment rate is 3.8%.
 Albany, ORPrior Lake, MNUnited States
 Unemployment Rate  Unlock3.8%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth40.8%  Unlock33.5%
 Sales Taxes0.0%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$29,895  Unlock$37,638
 Household Income  Unlock$115,837$69,021
 Family Median Income$78,731  Unlock$85,028
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 Est. Households By Income
 Albany, ORPrior Lake, MNUnited States
 Income Less Than 15K  Unlock2.6%9.4%
 Income between 15K and 20K3.6%  Unlock3.8%
 Income between 20K and 30K  Unlock3.8%8.1%
 Income between 30K and 40K9.0%  Unlock8.0%
 Income between 40K and 50K  Unlock5.2%7.6%
 Income between 50K and 60K7.4%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K15.5%  Unlock12.8%
 Income between 100K and 150K  Unlock21.7%16.3%
 Income between 150K and 200K6.9%  Unlock7.8%
 Income greater than 200K  Unlock23.2%9.5%
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 Population By Occupation
 Albany, ORPrior Lake, MNUnited States
 Management, business, finance11.6%  Unlock16.4%
 Engineering, computers, science  Unlock10.1%6.5%
 Community, social services2.4%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library5.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.7%2.0%
 Healthcare practitioners and technology6.2%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement1.1%  Unlock2.1%
 Food preparation, serving  Unlock3.3%5.4%
 Building maintenance2.9%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support22.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair8.9%  Unlock8.1%
 Production, transportation, material moving  Unlock9.7%13.1%
Reviews for Albany    25 Reviews

Over 2 years ago

I only lived in Albany 1 year. But I found the weather to be quite Mild. The Housing more affordable than Corvallis. I was shocked to find that nearby Corvallis gets  More

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I've been living in Albany about 4.5 years. Moved up from Southern California to escape high home prices and the cost of living and clogged freeways. Now it's not sunny  More

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Over 4 years ago

Ten months and ongoing in Albany, from the SF Bay Area. Much less crime here, much quieter here, more courteous and sane drivers here by far. We have been able to  More

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Reviews for Prior Lake    3 Reviews

Over 13 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 15 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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