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Albion, Illinois Demographics & Population 2026

High PovertyPoverty rate of 27.8% is well above the state average
Very AffordableHome value to income ratio of 1.7x is exceptionally low

During the 2020–2024 ACS period, Albion, Illinois had a total population of 2,001, the 503rd largest city in Illinois, with a median household income of $56,500, which is 32% lower than the state average. The poverty rate is 27.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Albion Quick Facts

Population 2,001
Median Household Income $56,500
Median Home Value $93,800
Poverty Rate 27.8%
Unemployment Rate 10.2%
Median Age 40.3 years
Homeownership Rate 69.1%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 12.4%
High School Graduation Rate 93.0%
Diversity Index 10/100
Population 2,001 503rd of 1,445
Median Income $56,500 bottom 30%
Poverty Rate 27.8% 123% higher than national
Median Home Value $93,800 below average

How Albion Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,1072,001-5.0%
Median household income$56,172$56,500+0.6%
Median home value$93,000$93,800+0.9%

How Albion Compares

Economy & Housing

Household Income Distribution

Under $25K 21.9%
$25K-$50K 23.0%
$50K-$100K 38.1%
$100K+ 17.0%
Detailed income brackets
Under $10K
5.8%
$10K-$15K
5.3%
$15K-$20K
2.9%
$20K-$25K
7.9%
$25K-$30K
5.9%
$30K-$35K
4.4%
$35K-$40K
4.3%
$40K-$45K
4.3%
$45K-$50K
4.3%
$50K-$60K
7.0%
$60K-$75K
16.5%
$75K-$100K
14.6%
$100K-$125K
6.6%
$125K-$150K
5.4%
$150K-$200K
0.9%
$200K+
4.0%

Employment

10.2% Unemployment Rate State: 5.8%|National: 5.2%
63.5% Labor Force Participation

Housing Overview

Owner 69.1%
Renter 30.9%
Affordability Index Very Affordable
1.7x home value to income ratio
Median gross rent $837/mo 17.8% of median household income annually

People & Demographics

Diversity Index

10out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Albion Rankings in Illinois

#503 Population of 1,445
#1011 Median Income of 1,374
#1018 Education of 1,444
#955 Home Value of 1,372

Other Cities in Edwards County

CityPopulationMedian IncomePovertyHome Value
West Salem 713 $49,821 8.6% $74,600
Bone Gap 220 $51,042 19.1% $80,000
Browns 163 $57,500 21.5% $31,300

Cities Similar to Albion

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mount Sterling1,980$59,087$131,20021.5%12.3%
New Athens1,933$56,553$116,30017.8%11.5%
Sesser2,023$52,604$82,30018.0%19.6%
Arthur2,083$54,907$151,30020.0%19.2%
Thornton1,940$59,647$155,10020.4%15.1%

Population Overview

Albion is a small community located in Illinois, within Edwards County. The total population is 2,001. It ranks as the 503rd most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Albion is 40.3 years. This is 3% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Albion is $56,500. This is 32% lower than the state median of $83,390. It is also 30% lower than the national median of $80,734. The poverty rate stands at 27.8%. This is 135% higher than the state poverty rate of 11.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 10.2%. This is 74% higher than the state rate of 5.8%. The median home value is $93,800. Housing costs are 64% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.7x, Albion is one of the most affordable housing markets in the area. 69.1% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 67.1%.

Race & Ethnicity

Albion has a predominantly White (non-Hispanic) population, comprising 95.0% of all residents. Hispanic or Latino residents account for 3.0%. The White (non-Hispanic) population is significantly higher than the state average (95.0% vs 58.1%). The Black or African American population (0.2%) is well below the state average of 13.3%. The Hispanic or Latino population (3.0%) is well below the state average of 18.8%. The Asian population (0.8%) is well below the state average of 5.9%.

Education

12.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.0%.

Data Sources & Methodology

All demographic data for Albion, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Albion, Illinois?

Albion, Illinois has a population of 2,001 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Albion, IL?

The median household income in Albion is $56,500, which is 30% lower than the national median of $80,734.

What is the poverty rate in Albion, IL?

The poverty rate in Albion is 27.8%. This means approximately 549 residents live below the federal poverty line.

What is the racial makeup of Albion, Illinois?

Albion's population is 95.0% White, 0.2% Black, 3.0% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Albion, IL?

The median home value in Albion is $93,800. The home-value-to-income ratio is 1.7x.

How educated is Albion, Illinois?

12.4% of adults (25+) in Albion hold a bachelor's degree or higher, and 6.6% hold a graduate or professional degree.