What is the median home price in Albion?

The median home price in Albion, Albion town, Indiana is $115,300, which is 59% below the national average of 281,900 ($281,900).

Albion, Albion town, Indiana has a violent crime rate of 0.0 per 1,000 residents, which is 100% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 1.1 per 1,000 residents.

What is the median household income in Albion?

The median household income in Albion, Albion town, Indiana is $62,813, which is 16% below the national average of 74,580 ($74,580).

What is the average rent in Albion?

The median rent in Albion, Albion town, Indiana is $863 per month. The national average median rent is $1,163/month.

What is the population of Albion?

The population of Albion, Albion town, Indiana is approximately 2,835. The homeownership rate is 59.2% (national average: 65.9%).

What is the unemployment rate in Albion?

The unemployment rate in Albion, Albion town, Indiana is 1.2%. The national average unemployment rate is 3.7%. The poverty rate is 11.3% (national average: 12.4%).

Albion

Albion town, Indiana

Affordable

About Albion

Considering a move that prioritizes affordability and a slower pace of life? Then Albion, Indiana, with a population just shy of 3,000, should be on your radar. Here, you'll find a charming community where the median home value clocks in at an astounding $115,300—a stark contrast to the national median of around $350,000. This remarkable affordability, combined with a median household income of $62,813, creates a comfortable environment for families and individuals alike. Imagine a place where your housing costs are significantly lower, freeing up resources for enjoying life's simple pleasures.

From an investment perspective, Albion presents a compelling opportunity. While I don't have walkability scores for the area, the tight-knit nature of the town encourages community engagement. The housing market is stable, and the cost of living allows for a lifestyle that's less about chasing the dollar and more about enjoying the present. Albion is ideal for those seeking a close-knit community feel, first-time homebuyers, or anyone looking to stretch their budget without sacrificing quality of life. It's a place where you can build equity in a home without being burdened by exorbitant costs, all while enjoying the peace and quiet of small-town Indiana.

Albion, Indiana at a Glance

Albion is a city in Albion town, Indiana with a population of approximately 2,835. The median home value is $115,300 and the median household income is $62,813.. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average.. Median rent is $863 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.