Oklahoma · Census place 01050
Albion town, OK
Quick answer
Albion town has 59 residents, ranking #738 of 846 places in Oklahoma. Median household income is $35,625, the median home is worth $46,300 and median gross rent runs $800 a month.
- Population
- 59Albion town residents
- Median household income
- $35,625Past 12 months, inflation adjusted
- Median home value
- $46,300Owner-occupied units
- Median gross rent
- $800Rent plus utilities, monthly
- Median age
- 43.5 yrsAll residents
- Homeownership rate
- 80%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 26.9% 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 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.6% of residents and 80% 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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