Albany is located in Shackelford county Texas with a geographic area of 1.6 square miles. The total population in Albany is 1,565 with 50.1% male and 49.9% female. Children under age 5 represent 6.7% of the population, under age 18 equal 22.9% of the population and over age 65 is 22.1% of the population. The median household income is $43,456, per capita income is $24,738. There are a total of 686 housing units with 76.8% owner occupied. Education includes 28.0% of residents that are high school graduates and 26.8% with a bachelor's degree or higher. The average temperature in Albany in the summer is 81 degrees, and in the winter 49 degrees.