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Albion, MI

Full City Profile · Michigan · Jackson County County

2.6 /5.0
C+ Fair
7,608 Population 1,725/sq mi density
$40,040 Median Income $19,128 per capita
$91,100 Home Value $133,027 Zillow
$769 Median Rent 34.5% income on rent
49°F Avg Temperature 260 sunny days/yr
945 Violent Crime/100K 3,533 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$40,040 median income, 6.9% unemployment
A+
Affordability
5.0 / 5.0
$91,100 home value, $769/mo rent
F
Safety
1.0 / 5.0
945 violent crimes/100K (149% above avg)
C
Education
2.4 / 5.0
17.6% bachelor's degree or higher

Housing Overview

Median Home Value
$91,100
68% below
US avg: $281,900
Median Rent
$769/mo
34% below
US avg: $1,163/mo
Homeownership Rate
61.6%
6% below US avg (65.4%)
Total Housing Units
2,939
Median year built: 1938

Home Value by Source

Census Median
$91,100
Zillow (ZHVI)
$133,027
Median Sale Price
$170,000
Median List Price
$132,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.6%
Owner-Occupied
38.4%
Renter-Occupied
62%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $769/mo

Market Indicators (Redfin)

Median Days on Market
166 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$104
Active Inventory
22
homes for sale

Affordability & Housing Stock

Rent Burden
34.5%
of renters spending 30%+ of income on housing
11% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
61.6%

Complete Housing Data

Home Values

Census Median Value$91,100
Zillow Home Value (ZHVI)$133,027
Median Sale Price$170,000
Median List Price$132,500
Price Per Sq Ft$104

Rent

Census Median Rent$769
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market166
Sale-to-List Ratio1.0%
Price Drops18.2%
Homes Sold7
Active Inventory22
Price Per Sq Ft$104

Ownership & Stock

Owner-Occupied61.6%
Renter-Occupied38.4%
Homeownership Rate61.6%
Total Housing Units2,939
Median Year Built1938
Rent Burden34.5%