Although in many senses the centre operates as one community, it has parallel municipal governments and state government services. However, the fact that Melbourne is significantly closer than Sydney and the fact that Victorian television broadcasts in the region, resulting (among other things) in the predominance of Australian rules football in the local media outlets, gives Albury close cultural and psychological links to Victoria, despite its location in southern New South Wales.
Albury–Wodonga was selected as the primary focus of the federal Whitlam government's scheme to arrest the uncontrolled growth of Australia's large coastal cities (Sydney and Melbourne in particular) by encouraging decentralisation. Grand plans were made to turn Albury–Wodonga into a major inland city. Some industries were enticed to move there, and a certain amount of population movement resulted. However, due to the subsequent Fraser Government's repudiation of Labor's decentralisation policies, the plan to populate inland areas and cities other than the State capitals was abandoned. No other Commonwealth Government since, either conservative or Labor, has made any attempt at repopulating inland areas. Thus the current Albury–Wodonga population of approximately 104,609 residents is far below the 300,000 projected by Whitlam in the 1970s.
The industrial employment sector has meant that Albury–Wodonga, unusually for an Australian inland city, is not dependent on agriculture. According to the most recently available figures from the Australian Bureau of Statistics, the average income of the Albury area is $36K per year, below the $42K average for the state of New South Wales.