Albin, WY
Population 198 · Wyoming
About Albin, WY
Albin is a small community located in Wyoming with a population of 198 residents according to the latest US Census Bureau American Community Survey data. The median household income is $165,469 per year, which is 120% above the national median of $75,149. The median age of 60.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Albin features a median home value of $138,400, which is 43% below the national median of $244,900. This makes Albin one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 106 total housing units, 90% are owner-occupied (95 units) and 10% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Albin shows an unemployment rate of 43.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Albin have an average one-way commute time of 21.3 minutes.
Education & Demographics
9.7% of Albin residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 29.8% White, 6.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 10.6% of the population being foreign-born.
How Albin Ranks in Wyoming
Cost of Living in Albin, WY
Compared to national averages, Albin has a median household income of $165,469 (120% above the national median of $75,149). Home values average $138,400, which is 43% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Wyoming, Albin's income is 107% above the state average of $80,049, and home values are 54% below the state median of $302,372.
Why Live in Albin, WY?
Albin offers a strong local economy with a median household income of $165,469, well above the national average, and affordable housing with a median home value of $138,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 9.1%, better than the national average, and short commute times averaging just 21.3 minutes.
Albin has a population of 198 with a median age of 60.5 years. Compare Albin with other cities to see how it stacks up, or explore all cities in Wyoming.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Albin
What is the population of Albin, WY?
The population of Albin, WY is 198 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Wyoming.
What is the median household income in Albin?
The median household income in Albin, WY is $165,469 per year, which is 120% above the national median of $75,149.
What is the median home value in Albin?
The median home value in Albin, WY is $138,400, which is 43% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Albin?
The median monthly rent in Albin, WY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Albin?
The unemployment rate in Albin, WY is 43.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Albin, WY a good place to live?
Albin offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 198 and a median age of 60.5, the city appeals to established professionals and retirees.
How educated is Albin, WY?
9.7% of residents in Albin aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Albin?
Key cost-of-living indicators for Albin, WY: median home value is $138,400 (43% below national), median rent is $0/month, and median household income is $165,469. The home-value-to-income ratio is 0.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Albin?
The poverty rate in Albin, WY is 9.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Albin, WY?
Albin's population is 29.8% White, 6.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 10.6% of residents are foreign-born.