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Albion town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Albion town, Indiana has a total population of 2,680, the 189th largest city in Indiana, with a median household income of $67,687, which is 3% lower than the state average. The poverty rate is 10.8%.

Key Takeaways

Albion town Quick Facts

Population 2,680
Median Household Income $67,687
Median Home Value $138,200
Poverty Rate 10.8%
Unemployment Rate 2.6%
Median Age 32.1 years
Homeownership Rate 61.8%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 7.5%
High School Graduation Rate 91.1%
Diversity Index 12/100
Population 2,680 189th of 967
Median Income $67,687 above average
Poverty Rate 10.8% 14% lower national
Median Home Value $138,200 average

How Albion town Compares

Economy & Housing

Employment

2.6% Unemployment Rate State: 4.3% | National: 5.2%
68.3% Labor Force Participation

Housing Overview

Owner 61.8%
Renter 38.2%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

12out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Albion town Rankings in Indiana

#189 Population of 967
#320 Median Income of 967
#706 Education of 967
#368 Home Value of 967

Cities Similar to Albion town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Avilla town2,637$73,250$174,50018.9%8.2%
Osceola town2,583$63,063$178,30030.6%14.1%
Brookville town2,640$58,750$172,10022.4%8.6%
Chesterfield town2,733$58,125$102,30017.0%11.4%
Lapel town2,568$77,563$201,90028.8%7.0%

Population Overview

Albion town is a small community located in Indiana, within Noble County. The total population is 2,680. It ranks as the 189th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Albion town is 32.1 years. This is 16% lower than the state median of 38.0 years. With 32.8% of the population under 18, Albion town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Albion town is $67,687. This is 3% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 14% lower. The poverty rate stands at 10.8%. This is 12% lower than the state poverty rate of 12.2%. The unemployment rate is 2.6%. This is 39% lower than the state rate of 4.3%. The median home value is $138,200. Housing costs are 31% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.0x, Albion town is one of the most affordable housing markets in the area. 61.8% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 70.3%.

Race & Ethnicity

Albion town has a predominantly White (non-Hispanic) population, comprising 94.0% of all residents. Hispanic or Latino residents account for 3.4%. The Black or African American population (0.9%) is well below the state average of 9.1%. The Hispanic or Latino population (3.4%) is well below the state average of 8.4%.

Education

7.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 74% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.1%.

Data Sources & Methodology

All demographic data for Albion town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Albion town, Indiana?

Albion town, Indiana has a population of 2,680 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Albion town, IN?

The median household income in Albion town is $67,687, which is 14% lower the national median of $78,538.

What is the poverty rate in Albion town, IN?

The poverty rate in Albion town is 10.8%. This means approximately 262 residents live below the federal poverty line.

What is the racial makeup of Albion town, Indiana?

Albion town's population is 94.0% White, 0.9% Black, 3.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Albion town, IN?

The median home value in Albion town is $138,200. The home-value-to-income ratio is 2.0x.

How educated is Albion town, Indiana?

7.5% of adults (25+) in Albion town hold a bachelor's degree or higher, and 1.3% hold a graduate or professional degree.