Albion
Albion city, Michigan
Alright, let's talk Albion, Michigan. Nestled in the heart of the state, Albion offers a genuinely unique proposition for those seeking a slice of Americana without breaking the bank. Forget the national median home value; here, you're looking at an astonishingly affordable median of just $80,600. That kind of value opens doors, doesn’t it? Imagine a lifestyle where homeownership is within easy reach, where the pace is relaxed, and the community is tight-knit. While the median household income of $41,594 is lower than the national average, the cost of living, particularly housing, makes your dollar stretch much further. Albion’s charm comes from its simplicity, offering a refreshing alternative to the frenetic energy of larger cities.
From an investment perspective, Albion presents a compelling case. The affordability, combined with the town's focus on its community, creates a stable environment for real estate. While specific unemployment data is not available, the local economy supports a range of job opportunities. This is a place where young families can establish roots, where retirees can enjoy a comfortable life, and where anyone can find a sense of belonging. Albion isn't just a place to live; it's a place to thrive, offering a blend of affordability, community, and a slower pace of life that's increasingly rare in today's world.
Albion, Michigan at a Glance
Albion is a city in Albion city, Michigan with a population of approximately 7,732. The median home value is $80,600 and the median household income is $41,594. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.9 per 1,000 residents, which is 47% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $788 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$80,600
Median Income
$41,594
Population
7,732
Walk Score
0
Air Quality
AQI 41
Good
Climate Risk
Relatively Moderate
Fair
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- Population
- 7,732
- Median Age
- N/A
- Median Household Income
- $41,594
44% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 26.7%
115% above nat'l avg
- Median Home Value
- $80,600
71% below nat'l avg
- Median Rent
- $788
32% below nat'l avg
- Homeownership Rate
- 59.0%
10% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.9 per 1K
47% below nat'l avg
- Property Crime Rate
- 1.2 per 1K
94% below nat'l avg
- AQI
- 41
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 68.22
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 18.4¢/kWh
11% above nat'l avg
- Est. Monthly Electric
- $166
21% above nat'l avg
- Unemployment Rate
- 12.9%
249% above nat'l avg
- Poverty Rate
- 26.7%
115% above nat'l avg
Political Landscape
→ Politically stable
Based on Gratiot County county-level presidential election data
Culture & Things to Do in Albion
Festival of the Forks
A popular annual festival with food, music, and arts & crafts.
Albion Farmers Market
A weekly market offering fresh produce and local goods.
Holiday of Lights Parade
An annual community parade celebrating the holiday season.
Summer Concert Series
Free outdoor concerts held in Victory Park during the summer months.
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