The work force participation rate in Albertville is 84.1%, with an unemployment rate of 1.2%. For all in the labor force, the average commute time is 28.9 minutes. 11% of Albertville’s population have a grad diploma, and 18.3% have a bachelors degree. For all those without a college degree, 37.2% attended at least some college, 30.2% have a high school diploma, and just 3.2% have an education less than senior high school. 1.9% are not included in medical health insurance.
The average family unit size in Albertville, MN is 3 family members members, with 71.9% being the owner of their particular residences. The average home cost is $251297. For individuals paying rent, they spend on average $970 monthly. 71.5% of families have two incomes, and the average household income of $85357. Average individual income is $42835. 1.5% of town residents exist at or below the poverty line, and 9.8% are disabled. 7.6% of residents of the town are former members associated with US military.
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