Albany was founded in 1833. It was likely named after Albany, New York.
Geography
Albany is located at . According to the 2010 census, Albany has a total area of, of which is land and is water.
Demographics
2010 census
As of the 2010 Census, there were 2,165 people, 924 households, and 602 families living in the town. The population density was. There were 1,060 housing units at an average density of. The racial makeup of the town was 97.2% White, 0.6% African American, 0.2% Asian, 0.3% from other races, and 1.6% from two or more races. Hispanic or Latino of any race were 1.1% of the population. There were 924 households of which 30.2% had children under the age of 18 living with them, 48.8% were married couplesliving together, 12.6% had a female householder with no husband present, 3.8% had a male householder with no wife present, and 34.8% were non-families. 30.7% of all households were made up of individuals and 12.9% had someone living alone who was 65 years of age or older. The average household size was 2.34 and the average family size was 2.92. The median age in the town was 40.3 years. 24.8% of residents were under the age of 18; 7.7% were between the ages of 18 and 24; 24.3% were from 25 to 44; 27.8% were from 45 to 64; and 15.5% were 65 years of age or older. The gender makeup of the town was 47.5% male and 52.5% female.
2000 census
As of the 2000 Census, there were 2,368 people, 958 households, and 646 families living in the town. The population density was 1,434.2 people per square mile. There were 1,038 housing units at an average density of 628.7 per square mile. The racial makeup of the town was 98.44% White, 0.42% African American, 0.08% Native American, 0.04% Asian, 0.08% from other races, and 0.93% from two or more races. Hispanic or Latino of any race were 0.13% of the population. There were 958 households out of which 30.8% had children under the age of 18 living with them, 53.8% were married couples living together, 10.3% had a female householder with no husband present, and 32.5% were non-families. 28.8% of all households were made up of individuals and 13.7% had someone living alone who was 65 years of age or older. The average household size was 2.39 and the average family size was 2.95. In the town, the population was spread out with 24.4% under the age of 18, 7.9% from 18 to 24, 28.2% from 25 to 44, 22.3% from 45 to 64, and 17.3% who were 65 years of age or older. The median age was 38 years. For every 100 females, there were 83.4 males. For every 100 females age 18 and over, there were 83.1 males. The median income for a household in the town was $33,314, and the median income for a family was $40,893. Males had a median income of $33,929 versus $24,286 for females. The per capita income for the town was $16,620. About 4.5% of families and 5.9% of the population were below the poverty line, including 7.9% of those under age 18 and 1.3% of those age 65 or over.
Notable persons
Jim Davis, cartoonist of ; Davis and his company Paws, Inc. reside between Albany and Muncie, Indiana.