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ZipNumbers

Indiana · Census place 00820

Albion town, IN

Quick answer

Albion town has 2,680 residents, ranking #189 of 976 places in Indiana. Median household income is $67,687, the median home is worth $138,200 and median gross rent runs $875 a month.

Population
2,680Albion town residents
Median household income
$67,687Past 12 months, inflation adjusted
Median home value
$138,200Owner-occupied units
Median gross rent
$875Rent plus utilities, monthly
Median age
32.1 yrsAll residents
Homeownership rate
61.8%Owner-occupied households

What the numbers mean in Albion town

Housing cost measured against local earnings.

A household earning the Albion town median would spend about 15.5% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.8% of residents and 61.8% 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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