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Albion, Indiana Demographics & Population 2026

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

During the 2020–2024 ACS period, Albion, Indiana had a total population of 2,723, the 189th largest town in Indiana, with a median household income of $70,565, which is 2% lower than the state average. The poverty rate is 8.6%.

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

Key Takeaways

Albion Quick Facts

Population 2,723
Median Household Income $70,565
Median Home Value $142,700
Poverty Rate 8.6%
Unemployment Rate 2.6%
Median Age 36.0 years
Homeownership Rate 68.2%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 11.6%
High School Graduation Rate 88.5%
Diversity Index 9/100
Population 2,723 189th of 967
Median Income $70,565 above average
Poverty Rate 8.6% 31% lower than national
Median Home Value $142,700 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
Population2,6802,723+1.6%
Median household income$67,687$70,565+4.3%
Median home value$138,200$142,700+3.3%

How Albion Compares

Economy & Housing

Household Income Distribution

Under $25K 10.7%
$25K-$50K 14.0%
$50K-$100K 48.6%
$100K+ 26.7%
Detailed income brackets
Under $10K
1.4%
$10K-$15K
1.0%
$15K-$20K
5.7%
$20K-$25K
2.6%
$25K-$30K
1.7%
$30K-$35K
3.3%
$35K-$40K
3.1%
$40K-$45K
0.6%
$45K-$50K
5.3%
$50K-$60K
12.9%
$60K-$75K
17.9%
$75K-$100K
17.9%
$100K-$125K
16.1%
$125K-$150K
2.9%
$150K-$200K
5.9%
$200K+
1.8%

Employment

2.6% Unemployment Rate State: 4.3%|National: 5.2%
67.2% Labor Force Participation

Housing Overview

Owner 68.2%
Renter 31.8%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $962/mo 16.4% of median household income annually

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Albion Rankings in Indiana

#189 Population of 967
#310 Median Income of 796
#601 Education of 966
#426 Home Value of 818

Other Cities in Noble County

CityPopulationMedian IncomePovertyHome Value
Kendallville 10,556 $58,939 12.4% $133,200
Ligonier 4,347 $59,359 6.6% $110,000
Avilla 2,878 $78,880 5.8% $210,200
Rome City 1,182 $71,016 11.8% $265,900
Wolcottville 1,143 $53,625 17.4% $95,800
Cromwell 631 $48,698 27.9% $123,100
Kimmell 604 $77,857 10.9% $114,800

Cities Similar to Albion

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Osceola2,593$66,503$196,90028.6%14.5%
Lapel2,668$79,778$220,40025.8%6.4%
Ingalls2,512$74,236$189,90017.3%9.6%
Avilla2,878$78,880$210,20019.8%5.8%
Bloomfield2,713$54,948$109,80013.7%12.2%

Population Overview

Albion is a small community located in Indiana, within Noble County. The total population is 2,723. It ranks as the 189th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Albion is 36.0 years. This is 6% lower than the state median of 38.1 years. With 29.5% of the population under 18, Albion has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Albion is $70,565. This is 2% lower than the state median of $71,957. It is also 13% lower than the national median of $80,734. The poverty rate stands at 8.6%. This is 30% lower than the state poverty rate of 12.3%. The unemployment rate is 2.6%. This is 40% lower than the state rate of 4.3%. The median home value is $142,700. Housing costs are 35% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.0x, Albion is one of the most affordable housing markets in the area. 68.2% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 70.5%.

Race & Ethnicity

Albion has a predominantly White (non-Hispanic) population, comprising 95.2% of all residents. Hispanic or Latino residents account for 2.6%. The Black or African American population (0.4%) is well below the state average of 9.1%. The Hispanic or Latino population (2.6%) is well below the state average of 8.6%.

Education

11.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 61% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.5%.

Data Sources & Methodology

All demographic data for Albion, Indiana 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 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. 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, Indiana?

Albion, Indiana has a population of 2,723 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Albion, IN?

The median household income in Albion is $70,565, which is 13% lower than the national median of $80,734.

What is the poverty rate in Albion, IN?

The poverty rate in Albion is 8.6%. This means approximately 215 residents live below the federal poverty line.

What is the racial makeup of Albion, Indiana?

Albion's population is 95.2% White, 0.4% Black, 2.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Albion, IN?

The median home value in Albion is $142,700. The home-value-to-income ratio is 2.0x.

How educated is Albion, Indiana?

11.6% of adults (25+) in Albion hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.