Albion, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Albion, Iowa had a total population of 622, the 418th largest city in Iowa, with a median household income of $91,250, which is 22% higher than the state average. The poverty rate is 10.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 9.2% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.5x.
- Near full employment with an unemployment rate of just 2.3%.
Albion Quick Facts
How Albion Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 617 | 622 | +0.8% |
| Median household income | $73,750 | $91,250 | +23.7% |
| Median home value | $105,400 | $135,200 | +28.3% |
How Albion Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Albion Rankings in Iowa
Explore Iowa Rankings
Other Cities in Marshall County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Marshalltown | 27,626 | $69,068 | 14.3% | $127,700 |
| State Center | 1,412 | $83,942 | 4.9% | $167,400 |
| Melbourne | 804 | $71,667 | 11.7% | $155,400 |
| Le Grand | 720 | $76,250 | 5.6% | $145,700 |
| Gilman | 623 | $101,136 | 8.8% | $88,700 |
| Liscomb | 298 | $84,042 | 4.7% | $93,800 |
| Laurel | 278 | $61,250 | 8.3% | $103,100 |
| Rhodes | 265 | $73,083 | 7.5% | $98,000 |
| Haverhill | 142 | $61,607 | 12.8% | $115,300 |
| Clemons | 108 | N/A | 0.9% | $96,400 |
Cities Similar to Albion
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Dexter | 620 | $87,250 | $163,500 | 18.4% | 5.8% |
| Moscow | 614 | $87,181 | $201,800 | 2.8% | 0.0% |
| Clermont | 627 | $85,625 | $117,200 | 21.6% | 4.0% |
| Gilman | 623 | $101,136 | $88,700 | 16.6% | 8.8% |
| Van Horne | 612 | $77,344 | $184,500 | 22.5% | 14.9% |
A note before these figures: with a population of 622, Albion's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Albion is a small community located in Iowa, within Marshall County. The total population is 622. It ranks as the 418th most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Albion is 40.7 years. This is 5% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Albion is $91,250. This is 22% higher than the state median of $75,059. It is also 13% higher than the national median of $80,734. The poverty rate stands at 10.7%. This is 3% lower than the state poverty rate of 11.1%. The unemployment rate is 2.3%. This is 36% lower than the state rate of 3.6%. The median home value is $135,200. Housing costs are 35% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.5x, Albion is one of the most affordable housing markets in the area. 89.7% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 71.7%.
Race & Ethnicity
The largest racial or ethnic group in Albion is White (non-Hispanic), making up 57.1% of the population. Asian residents account for 34.1%. The Black or African American population (0.6%) is well below the state average of 3.8%. The Asian population is significantly higher than the state average (34.1% vs 2.5%).
Education
9.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 71% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.9%.
Data Sources & Methodology
All demographic data for Albion, Iowa 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 Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. 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, Iowa?
Albion, Iowa has a population of 622 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Albion, IA?
The median household income in Albion is $91,250, which is 13% higher than the national median of $80,734.
What is the poverty rate in Albion, IA?
The poverty rate in Albion is 10.7%. This means approximately 66 residents live below the federal poverty line.
What is the racial makeup of Albion, Iowa?
Albion's population is 57.1% White, 0.6% Black, 4.0% Hispanic/Latino, and 34.1% Asian.
What is the median home value in Albion, IA?
The median home value in Albion is $135,200. The home-value-to-income ratio is 1.5x.
How educated is Albion, Iowa?
9.2% of adults (25+) in Albion hold a bachelor's degree or higher, and 1.2% hold a graduate or professional degree.