Albion, IA Demographics

The total population of Albion is estimated to be 593 with 280 males (47.22%) and 313 females (52.78%). There are 33 more females than males in Albion.
The median household income in Albion was $70,628 in 2021, which marked an an increase of 1,931(2.81%) from $68,697 in 2020. This income is 94.67% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Albion sees its highest median household income among householders in the age group of 45 to 64 years old, at $89,226. Overall, the median household income for the city of Albion stands at $70,628.
In Albion, the median income for all workers aged 15 years and older, regardless of work hours, was $51,631 for males and $35,495 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,054 for males and $36,181 for females.
In Albion, population is primarily represented by White households, reporting a median income of $55,203.
In 2022, the population of Albion was 443, a 0.67% decrease year-by-year from 2021. Previously, in 2021, Albion's population was 446, a decline of 1.11% compared to a population of 451 in 2020.
The median age in Albion, IA is 42.0, as per 2021 ACS 5-Year Estimates. Of the total population, 11.11% were under the age of 15, 11.44% aged 15 to 29, 64.05% aged 30 to 64, 12.58% aged 65 to 84, and 0.82% were 85 years of age and older.
Racial distribution of Albion population: 65.85% are White, 1.47% are American Indian and Alaska Native, 30.39% are Asian and 2.29% are multiracial.