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
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 Market | 166 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.2% |
| Homes Sold | 7 |
| Active Inventory | 22 |
| Price Per Sq Ft | $104 |
Ownership & Stock
| Owner-Occupied | 61.6% |
| Renter-Occupied | 38.4% |
| Homeownership Rate | 61.6% |
| Total Housing Units | 2,939 |
| Median Year Built | 1938 |
| Rent Burden | 34.5% |
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