According to statistics, the population in Albion, NE amounts to 1,561, which shows decline 1% compared to the previous year. The median age of the city’s residents is 49. The average household income is $50,368, shifting growth 12% from the past year, and the average property value in Albion, NE growth 5% to $112,700 throughout the year.
|Number Of Employees||705|
|Median Property Value||$112,700|
The average household income in Albion, NE grew from $44,779 to $50,368 in the past year. This data is an estimate based upon 705 households in Albion, NE . The chart below presents how household income is distributed in Albion, NE in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Albion, NE shifted from $107,300 to $112,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Albion, NE in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Albion, NE properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Albion, NE compared to median property taxes around the country. The prevalent amount of property taxes in Albion, NE equals $1150, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Albion, NE decreased by 15% to $131,000.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $131,666. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $129,933. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $215,000 for a big-family home.