Albany is a city in the U.S. state of Oregon. It is the eleventh largest city in the state as of 2007 and is the county seat of Linn county. Albany is in the Willamette Valley where the Calapooia River and the Willamette River meet. Farming and manufacturing are both important in the city. Settlers started the community in 1848, as of the 2000 census, the city population was 40,852 with 91.68% of the population being White. The population has since increased to an estimated population of 49,165 as of 2009.