I have actually thought about this quite a lot for the last couple of years, and now I'm in a phase where I try to move away from background music completely.
I noticed that background music, while working for instance, doesn't really do anything else for me but create a sort of bubble where I feel isolated and somewhat concentrated at my work. Which is of course great, but do I get out anything from the music? No. This way, music feels just like some random commodity for me, and not like art. So I avoid this nowadays.
Music is great while commuting, walking, or driving. But I'm actually noticing that for commuting or walking I've moved to listening to podcasts much more. I don't know why but I guess I'm thinking that the commute or walk is enough to not give music the full attention I want to give it. Acutally, I think it would be even more beneficial for the mind to just walk without any sounds from headphones, to get a pause from the otherwise hectic life filled with information overload.
Therefore, I try to only listen to music as described in the OP nowadays, because I get so much more out of it that way. I'll certainly listen to a lot less music, perhaps something like 4-5 albums a week, but for me it's a quality before quantity thing.