Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.8 yrs |
|---|---|
| Avg HH Size | 2.28 |
| Below Poverty | 4.6% ▼ 54% below avg |
| College Grads | 13.9% ▼ 64% below avg |
| Unemployment | 2.2% ▼ 56% below avg |
| No HS Diploma | 3 (0.4%) |
| HS Graduate | 483 (69.7%) |
| Some College | 55 (7.9%) |
| Associates | 56 (8.1%) |
| Bachelors | 56 (8.1%) |
| Graduate Degree | 40 (5.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,667 ▼ 18% below avg |
|---|---|
| Median Home Value | $129,500 ▼ 54% below avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $810/mo |
| Total Housing Units | 436 |
| Vacant Units | 72 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Albion is a city in Iowa, located in Marshall County. The city spans 1 ZIP code and is home to approximately 830 residents. It is a mature city, with a median age of 48.8 years.
Economically, Albion is a solidly middle-class community. The median household income of $62,667 is below the national average. Approximately 4.6% of residents live below the poverty line. The unemployment rate is 2.2%, well below the national average.
The real estate market in Albion is one of the more affordable housing markets in the country. Median home values stand at $129,500, which is well below the national average. Renters typically pay around $810 per month. Homeownership is high at 94.5%, typical of suburban and family-oriented communities.
The population of Albion is less-educated. 13.9% of adults hold a bachelor's degree or higher — well below the national average. The community is majority White (67.95%).
Albion, IA offers residents a cost-conscious lifestyle within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 50005 | 830 | $62,667 | $129,500 | $810 | 2.2% | 13.9% | 94.5% |