Iowa · Census place 00955
Albion city, IA
Quick answer
Albion city has 617 residents, ranking #422 of 1026 places in Iowa. Median household income is $73,750, the median home is worth $105,400 and median gross rent runs $810 a month.
- Population
- 617Albion city residents
- Median household income
- $73,750Past 12 months, inflation adjusted
- Median home value
- $105,400Owner-occupied units
- Median gross rent
- $810Rent plus utilities, monthly
- Median age
- 43.3 yrsAll residents
- Homeownership rate
- 92.2%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 13.2% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.2% of residents and 92.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Elk Horn city 623
- Elma city 618
- Rolfe city 618
- Goldfield city 616
- Grand Junction city 615
- Gilman city 613
- Ireton city 613
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