Last updated: 2024 BLS data · Page refreshed:
Albion has a population of 495 with a median age of 33.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 495 |
| Median Age | 33.4 |
| White | 95.6% |
| Asian | 0.8% |
| Other / Two or More Races | 3.6% |
The median household income in Albion is $56,833, which is 29.5% below the national median of $80,610. The per capita income is $30,338. The poverty rate is 6.5%.
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In Albion, 97.7% of residents age 25+ have a high school diploma or higher, and 45.1% hold a bachelor's degree or higher (2.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.7% |
| Bachelor's Degree or Higher | 45.1% |
| Graduate or Professional Degree | 2.9% |
The median home value in Albion is $230,700, below the national median of $303,400. The median monthly rent is $1,061. The homeownership rate is 47.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $230,700 |
| Median Monthly Rent | $1,061 |
| Homeownership Rate | 47.2% |
| Vacancy Rate | 11.4% |
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