According to statistics, the population in Albion, NY amounts to 5,614, which shows decline -3% compared to the previous year. The median age of the city’s residents is 38. The average household income is $32,259, shifting growth 10% from the past year, and the average property value in Albion, NY growth 7% to $77,600 throughout the year.
Population | 5,614 |
Median Age | 38.2 |
Poverty Rate | 26% |
Household Income | $32,259 |
Number Of Employees | 2,261 |
Median Property Value | $77,600 |
The average household income in Albion, NY grew from $29,392 to $32,259 in the past year. This data is an estimate based upon 2,409 households in Albion, NY . The chart below presents how household income is distributed in Albion, NY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Albion, NY shifted from $72,500 to $77,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Albion, NY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Albion, NY properties falls in the '$70,000 to $79,999' 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, NY compared to median property taxes around the country. The prevalent amount of property taxes in Albion, NY equals $3000, which is less than the national average.