Albion, Michigan has a population of 7,800, with a median household income of $68,000.
Current housing data for Albion.
7,800
$68,000
5.20%
$265,000
4.80
208.00 Mbps
Albion is a small local community located in Michigan. The city has a population that is above the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Situated in Michigan, Albion provides insight into regional population trends, income levels, and housing conditions.
Albion has a population of 7,800, which is higher than the state average. This indicates a relatively larger urban presence within Michigan.
The median household income in Albion is $68,000, which is below the state average, indicating moderate economic conditions.
The average housing price in Albion is about $265,000, making it relatively affordable compared to many cities in Michigan.
The unemployment rate in Albion is 5.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Albion are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Michigan, Albion shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
As part of Michigan, Albion contributes to the broader economic and social landscape, offering insights into regional development.
The population of Albion is approximately 7,800.
Albion offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Albion is around $68,000.
The average housing price in Albion is approximately $265,000.