Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Albion town, Indiana?
City · Census ACS 5-Year estimates
The median gross rent in Albion town, Indiana is $962/month (±$164), based on Census ACS 5-Year estimates (2024). The median home value is $142,700 (±$22,194), and the median household income is $70,565/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Albion town, Indiana
| Metric | Value |
|---|---|
| Median Gross Rent | $962 |
| Median Home Value | $142,700 |
| Median Household Income | $70,565 |
| Total Housing Units | 878 |
| Renter-Occupied Units | 279 |
| Renter-Occupied Share | 32% |
| Households Paying 50%+ Income | 26 households |
How does Albion town, Indiana compare?
Median gross rent ranked against all cities in Indiana.
Higher rent than 65% of cities in Indiana · 194th of 551
| # | City | Value |
|---|---|---|
| 1 | Cloverland CDP | $3,501 |
| 2 | Aberdeen CDP | $2,109 |
| 3 | Whitestown town | $1,842 |
| … 190 more … | ||
| 194 | Albion town(you are here) | $962 |
| … 354 more … | ||
| 549 | Spring Grove town | $437 |
| 550 | Camden town | $392 |
| 551 | Shoals town | $383 |
More data for Albion town, Indiana
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Frequently asked questions
What is the average rent in Albion town, Indiana?
The median gross rent in Albion town, Indiana is $962/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Albion town, Indiana?
The median rent for a 2-bedroom in Albion town, Indiana is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Albion town, Indiana?
The median home value in Albion town, Indiana is $142,700 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Albion town are rent-burdened?
In Albion town, Indiana, 26 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Albion town, Indiana?
The median household income in Albion town, Indiana is $70,565/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $962 has a margin of error of ±$164. In very small areas, MOEs can be large relative to the estimate.
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