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ZipNumbers

Illinois · Census place 00568

Albion city, IL

Quick answer

Albion city has 2,107 residents, ranking #498 of 1462 places in Illinois. Median household income is $56,172, the median home is worth $93,000 and median gross rent runs $808 a month.

Population
2,107Albion city residents
Median household income
$56,172Past 12 months, inflation adjusted
Median home value
$93,000Owner-occupied units
Median gross rent
$808Rent plus utilities, monthly
Median age
39.7 yrsAll residents
Homeownership rate
69.6%Owner-occupied households

What the numbers mean in Albion city

Housing cost measured against local earnings.

A household earning the Albion city median would spend about 17.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 26.4% of residents and 69.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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