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Albion, Nebraska Demographics & Population 2026

During the 2020–2024 ACS period, Albion, Nebraska had a total population of 1,822, the 71st largest city in Nebraska, with a median household income of $74,492, which is 3% lower than the state average. The poverty rate is 6.8%.

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

Key Takeaways

Albion Quick Facts

Population 1,822
Median Household Income $74,492
Median Home Value $219,000
Poverty Rate 6.8%
Unemployment Rate 1.5%
Median Age 38.1 years
Homeownership Rate 76.2%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 26.2%
High School Graduation Rate 95.9%
Diversity Index 12/100
Population 1,822 71st of 583
Median Income $74,492 top 30%
Poverty Rate 6.8% 45% lower than national
Median Home Value $219,000 top 10%

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
Population1,7331,822+5.1%
Median household income$70,761$74,492+5.3%
Median home value$210,800$219,000+3.9%

How Albion Compares

Economy & Housing

Household Income Distribution

Under $25K 17.7%
$25K-$50K 15.3%
$50K-$100K 32.0%
$100K+ 35.0%
Detailed income brackets
Under $10K
4.9%
$10K-$15K
4.5%
$15K-$20K
2.9%
$20K-$25K
5.3%
$25K-$30K
5.6%
$30K-$35K
1.3%
$35K-$40K
3.2%
$40K-$45K
3.5%
$45K-$50K
1.7%
$50K-$60K
6.9%
$60K-$75K
10.9%
$75K-$100K
14.1%
$100K-$125K
14.0%
$125K-$150K
6.7%
$150K-$200K
9.0%
$200K+
5.3%

Employment

1.5% Unemployment Rate State: 3.0%|National: 5.2%
61.8% Labor Force Participation

Housing Overview

Owner 76.2%
Renter 23.8%
Affordability Index Very Affordable
2.9x home value to income ratio
Median gross rent $705/mo 11.4% of median household income annually

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: 41 | National average: 61

Education

Albion Rankings in Nebraska

#71 Population of 583
#154 Median Income of 519
#145 Education of 583
#53 Home Value of 510

Other Cities in Boone County

CityPopulationMedian IncomePovertyHome Value
St. Edward 588 $53,587 20.6% $102,100
Cedar Rapids 493 $54,519 11.4% $79,600
Petersburg 397 $87,625 17.4% $152,300
Loretto 99 N/A 0.0% N/A
Primrose 60 $75,625 0.0% N/A

Cities Similar to Albion

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gibbon1,763$70,069$173,80022.9%5.3%
Stanton1,702$76,500$177,10022.4%10.7%
Pierce1,956$70,859$179,40024.7%4.9%
Woodland Park1,657$74,000$165,60024.8%7.1%
Syracuse1,990$72,404$205,90028.5%6.7%

Population Overview

Albion is a small community located in Nebraska, within Boone County. The total population is 1,822. It ranks as the 71st most populous out of 583 Census-designated places in Nebraska.

Age Demographics

The median age in Albion is 38.1 years. This is 2% higher than the state median of 37.2 years. 13.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Albion is $74,492. This is 3% lower than the state median of $76,475. It is also 8% lower than the national median of $80,734. The poverty rate stands at 6.8%. This is 36% lower than the state poverty rate of 10.6%. The unemployment rate is 1.5%. This is 51% lower than the state rate of 3.0%. The median home value is $219,000. Housing costs are 8% lower than the state median of $238,600. With a home-value-to-income ratio of just 2.9x, Albion is one of the most affordable housing markets in the area. 76.2% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 66.5%.

Race & Ethnicity

Albion has a predominantly White (non-Hispanic) population, comprising 93.7% of all residents. Hispanic or Latino residents account for 4.6%. The Hispanic or Latino population (4.6%) is well below the state average of 12.7%.

Education

26.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.9%.

Data Sources & Methodology

All demographic data for Albion, Nebraska 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 Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. 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, Nebraska?

Albion, Nebraska has a population of 1,822 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Albion, NE?

The median household income in Albion is $74,492, which is 8% lower than the national median of $80,734.

What is the poverty rate in Albion, NE?

The poverty rate in Albion is 6.8%. This means approximately 120 residents live below the federal poverty line.

What is the racial makeup of Albion, Nebraska?

Albion's population is 93.7% White, 0.0% Black, 4.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Albion, NE?

The median home value in Albion is $219,000. The home-value-to-income ratio is 2.9x.

How educated is Albion, Nebraska?

26.2% of adults (25+) in Albion hold a bachelor's degree or higher, and 8.3% hold a graduate or professional degree.