Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Albion city, Michigan?
City · Census ACS 5-Year estimates
The median home value in Albion city, Michigan is $99,900 (±$12,898), based on Census ACS 5-Year estimates (2024). The median gross rent is $775/month, and the median household income is $39,885/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Albion city, Michigan
| Metric | Value |
|---|---|
| Median Home Value | $99,900 |
| Median Gross Rent | $775 |
| Median Household Income | $39,885 |
| Total Housing Units | 2,365 |
| Renter-Occupied Units | 947 |
| Renter-Occupied Share | 40% |
How does Albion city, Michigan compare?
Median home value ranked against all cities in Michigan.
Higher home value than 15% of cities in Michigan · 622th of 730
| # | City | Value |
|---|---|---|
| 1 | Crystal Downs Country Club CDP | $1,750,000 |
| 2 | Barton Hills village | $1,410,000 |
| 3 | Grand Beach village | $1,110,300 |
| … 618 more … | ||
| 622 | Albion city(you are here) | $99,900 |
| … 105 more … | ||
| 728 | Gaastra city | $49,200 |
| 729 | Marenisco CDP | $47,500 |
| 730 | Alpha village | $34,100 |
More data for Albion city, Michigan
Frequently asked questions
What is the median home value in Albion city, Michigan?
The median home value in Albion city, Michigan is $99,900, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Albion city, Michigan?
The median gross rent in Albion city, Michigan is $775/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Albion city, Michigan?
The median household income in Albion city, Michigan is $39,885/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 home value of $99,900 has a margin of error of ±$12,898. In very small areas, MOEs can be large relative to the estimate.
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