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ZipNumbers

Nebraska · Census place 00555

Albion city, NE

Quick answer

Albion city has 1,733 residents, ranking #72 of 593 places in Nebraska. Median household income is $70,761, the median home is worth $210,800 and median gross rent runs $731 a month.

Population
1,733Albion city residents
Median household income
$70,761Past 12 months, inflation adjusted
Median home value
$210,800Owner-occupied units
Median gross rent
$731Rent plus utilities, monthly
Median age
39 yrsAll residents
Homeownership rate
73.2%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 12.4% 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 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.9% of residents and 73.2% 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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