Albion, NE
Population 1,733 · Nebraska
About Albion, NE
Albion is a small community in Nebraska with a population of 1,733 residents. The median household income is $70,761 per year, which is above the national average. The median age in Albion is 39 years.
Housing in Albion has a median home value of $210,800 and median monthly rent of $731. Of the 821 total housing units, the majority are owner-occupied, with 523 owner-occupied and 191 renter-occupied units.
The unemployment rate in Albion is 1.9% and the poverty rate is 6.9%. 29.5% of residents hold a bachelor's degree or higher. The average commute time is 16 minutes.
Cost of Living in Albion, NE
Compared to national averages, Albion has a median household income of $70,761 (6% below the national median of $75,149). Home values average $210,800, which is 14% below the national median. Monthly rent at $731 is 37% below the US average of $1,163. Within Nebraska, Albion's income is 7% above the state average of $65,895, and home values are 68% above the state median of $125,824.
Why Live in Albion, NE?
Albion offers affordable housing with a median home value of $210,800, below the US average of $244,900, and rent that’s lower than the national average at $731/month, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features a low poverty rate of 6.9%, better than the national average, and short commute times averaging just 16 minutes.
Potential considerations include median household income ($70,761) that falls below the national average. However, Albion’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Albion has a population of 1,733 with a median age of 39 years. Compare Albion with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Albion
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hartington | 1,736 | $78,304 | $169,000 | Compare |
| Tekamah | 1,691 | $54,139 | $113,900 | Compare |
| Mitchell | 1,804 | $50,250 | $114,900 | Compare |
| Woodland Park | 1,648 | $77,880 | $161,500 | Compare |
| Gordon | 1,646 | $58,906 | $93,300 | Compare |
| Gibbon | 1,643 | $69,762 | $151,700 | Compare |
| Stanton | 1,824 | $73,571 | $161,300 | Compare |
| Hebron | 1,641 | $61,207 | $117,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Albion
What is the population of Albion, NE?
The population of Albion, NE is 1,733 according to the latest Census data.
What is the median household income in Albion?
The median household income in Albion, NE is $70,761 per year.
What is the median home value in Albion?
The median home value in Albion, NE is $210,800.
What is the average rent in Albion?
The median monthly rent in Albion, NE is $731.
What is the unemployment rate in Albion?
The unemployment rate in Albion, NE is 1.9%.