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Albion, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
7,560
Population
$39,885
Median Income
$99,900
Home Value
25.8
Median Age

Demographics

Albion has a population of 7,560 with a median age of 25.8. Here is the racial and ethnic breakdown of the population:

White
58.8%
Black
31.3%
Hispanic
7.3%
Other
1.6%
Asian
1.0%
Demographic Value
Total Population7,560
Median Age25.8
White58.8%
Black or African American31.3%
Asian1.0%
Hispanic or Latino7.3%
Other / Two or More Races1.6%
Albion, Michigan — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 58.8%Black: 31.3%Hispanic/Latino: 7.3%Other: 2.6%7,560PopulationWhiteWhite58.8%BlackBlack31.3%Hispanic/LatinoHispanic/Latino7.3%OtherOther2.6%

Income & Economy

The median household income in Albion is $39,885, which is 50.5% below the national median of $80,610. The per capita income is $19,543. The poverty rate is 25.2%.

$39,885
Median Household Income
$19,543
Per Capita Income
25.2%
Poverty Rate

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Education

In Albion, 88.2% of residents age 25+ have a high school diploma or higher, and 17.5% hold a bachelor's degree or higher (6.8% with a graduate or professional degree).

HS Diploma+
88.2%
Bachelor's+
17.5%
Graduate+
6.8%
Education Level % of Adults (25+)
High School Diploma or Higher88.2%
Bachelor's Degree or Higher17.5%
Graduate or Professional Degree6.8%

Housing

The median home value in Albion is $99,900, below the national median of $303,400. The median monthly rent is $775. The homeownership rate is 60.0%.

$99,900
Median Home Value
$775/mo
Median Rent
60.0%
Homeownership Rate
Housing Metric Value
Median Home Value$99,900
Median Monthly Rent$775
Homeownership Rate60.0%
Vacancy Rate20.3%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of Albion, Michigan?
The population of Albion, Michigan is 7,560 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Albion, Michigan?
The median household income in Albion, Michigan is $39,885. This is 50.5% below the national median of $80,610.
What is the median home value in Albion, Michigan?
The median home value in Albion, Michigan is $99,900. The median monthly rent is $775.
What percentage of people in Albion have a college degree?
In Albion, Michigan, 17.5% of adults age 25 and older hold a bachelor's degree or higher, and 88.2% have a high school diploma or higher.
Is Albion, Michigan an affordable place to live?
The home price-to-income ratio in Albion, Michigan is 2.5x (median home value $99,900 vs. median income $39,885), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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