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Albion, New York

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
5,506
Population
$41,581
Median Income
$82,300
Home Value
41.4
Median Age

Demographics

Albion has a population of 5,506 with a median age of 41.4. Here is the racial and ethnic breakdown of the population:

White
79.9%
Hispanic
10.6%
Black
6.3%
Other
3.2%
Demographic Value
Total Population5,506
Median Age41.4
White79.9%
Black or African American6.3%
Hispanic or Latino10.6%
Other / Two or More Races3.2%
Albion, New York — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 79.9%Hispanic/Latino: 10.6%Black: 6.3%Other: 3.2%5,506PopulationWhiteWhite79.9%Hispanic/LatinoHispanic/Latino10.6%BlackBlack6.3%OtherOther3.2%

Income & Economy

The median household income in Albion is $41,581, which is 48.4% below the national median of $80,610. The per capita income is $27,030. The poverty rate is 17.9%.

$41,581
Median Household Income
$27,030
Per Capita Income
17.9%
Poverty Rate

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Education

In Albion, 84.7% of residents age 25+ have a high school diploma or higher, and 9.3% hold a bachelor's degree or higher (5.4% with a graduate or professional degree).

HS Diploma+
84.7%
Bachelor's+
9.3%
Graduate+
5.4%
Education Level % of Adults (25+)
High School Diploma or Higher84.7%
Bachelor's Degree or Higher9.3%
Graduate or Professional Degree5.4%

Housing

The median home value in Albion is $82,300, below the national median of $303,400. The median monthly rent is $881. The homeownership rate is 62.9%.

$82,300
Median Home Value
$881/mo
Median Rent
62.9%
Homeownership Rate
Housing Metric Value
Median Home Value$82,300
Median Monthly Rent$881
Homeownership Rate62.9%
Vacancy Rate11.0%

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Frequently Asked Questions

What is the population of Albion, New York?
The population of Albion, New York is 5,506 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Albion, New York?
The median household income in Albion, New York is $41,581. This is 48.4% below the national median of $80,610.
What is the median home value in Albion, New York?
The median home value in Albion, New York is $82,300. The median monthly rent is $881.
What percentage of people in Albion have a college degree?
In Albion, New York, 9.3% of adults age 25 and older hold a bachelor's degree or higher, and 84.7% have a high school diploma or higher.
Is Albion, New York an affordable place to live?
The home price-to-income ratio in Albion, New York is 2.0x (median home value $82,300 vs. median income $41,581), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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