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Albion, IA

Full City Profile · Iowa · Marshall County County

3.0 /5.0
B Good
617 Population 1,028/sq mi density
$73,750 Median Income $35,793 per capita
$105,400 Home Value $188,928 Zillow
$810 Median Rent 51.0% income on rent
48°F Avg Temperature 260 sunny days/yr
552 Violent Crime/100K 2,880 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$73,750 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$105,400 home value, $810/mo rent
F
Safety
1.0 / 5.0
552 violent crimes/100K (45% above avg)
D
Education
1.6 / 5.0
8.1% bachelor's degree or higher

Income Overview

Median Household Income
$73,750
2% below
US avg: $75,149
Per Capita Income
$35,793
8% below
US avg: $39,052
Unemployment Rate
1.9%
47% below
US avg: 3.6%
Poverty Rate
4.5%
64% below
US avg: 12.4%

Income Comparison: Albion vs. U.S. Average

Each bar shows Albion’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$73,750
98%
Per Capita
US: $39,052
$35,793
92%
IRS Avg AGI
US: $72,000
$66,742
93%
Avg Weekly Wage
US: $1,432
$1,070
75%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,070
25% below US avg ($1,432)
Mean Commute Time
24 min
12% below US avg (28 min)
Work From Home
2.3%
85% below US avg (15.2%)
Drive Alone
92.8%
27% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,317M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 92.8%
Public Transit 0%
Work From Home 2.3%
Other 4.9%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,026
Restaurants
83
Healthcare
101
Retail
116
Manufacturing
34

Tax & Financial

IRS Avg Adjusted Gross Income
$66,742
7% below US avg ($72,000)
Avg Property Tax
$4,348
24% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$73,750
Per Capita Income$35,793
IRS Avg Adjusted Gross Income$66,742
Avg Weekly Wage$1,070
County GDP$2,317M

Hardship Indicators

Unemployment Rate1.9%
Poverty Rate4.5%
Gini Coefficient0.395
Cost of Living Index87.8

Commute

Mean Commute24 minutes
Drive Alone92.8%
Public Transit0.0%
Work From Home2.3%

Businesses

Total Establishments1,026
Restaurants83
Healthcare101
Retail116
Manufacturing34

Tax

IRS Avg AGI$66,742
Avg Property Tax$4,348