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ZipNumbers

Michigan · Census place 00980

Albion city, MI

Quick answer

Albion city has 7,608 residents, ranking #134 of 745 places in Michigan. Median household income is $40,040, the median home is worth $91,100 and median gross rent runs $769 a month.

Population
7,608Albion city residents
Median household income
$40,040Past 12 months, inflation adjusted
Median home value
$91,100Owner-occupied units
Median gross rent
$769Rent plus utilities, monthly
Median age
25.6 yrsAll residents
Homeownership rate
61.6%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 23% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 27.2% of residents and 61.6% 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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