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ZipNumbers

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

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