Albion, NE Profile: Facts & Data

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Albion, Nebraska - Basic Facts

The City of Albion had a population of 1,610 as of July 1, 2019. Albion ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Albion is located at latitude 41.6908 and longitude -98.0037 in Boone County. The formal boundaries for the City of Albion encompass a land area of 0.99 sq. miles and a water area of 0 sq. miles. Boone County is in the Central time zone (GMT -6). The elevation is 1,772 feet.

The City of Albion (GNIS ID: 2393908) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Albion is located within North Manchester Election Precinct, a minor civil division (MCD) of Boone County.


Jump to... (On This Page!)
  1. Albion 2019 Demographic Data
  2. Growth Rates for Albion (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Nebraska Research Tools (Easy Tools & Current Data)
  3. Nebraska Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Albion, NE Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Albion, NE Housing Affordability Index is 188
State of Nebraska Housing Affordability Index is 149
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Albion, NE Wealth Index is 85
State of Nebraska Wealth Index is 87
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Nebraska COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 1,610 (100%)
Population in Households 1,560 (96.9%)
Population in Families 1,221 (75.8%)
Population in Group Quarters1 50 ( 3.1%)
Population Density 1,574
Diversity Index2 11
 

INCOME

Median Household Income $55,153
Average Household Income $70,131
Per Capita Income $31,642
Wealth Index4 85

HOUSING

Total Housing Units 820 (100%)
Owner Occupied HU 553 (67.4%)
Renter Occupied HU 175 (21.3%)
Vacant Housing Units 92 (11.2%)
Median Home Value $135,769
Housing Affordability Index3 188
 

HOUSEHOLDS

Total Households 728
Average Household Size 2.14
Family Households 434
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.26% -0.29%
Households -0.28% -0.3%
Families -0.22% -0.42%
Median Household Income   2.27%
Per Capita Income   2.13%

Albion, NE - Peer Comparisons by Rank and Percentile

The table below compares Albion to the other 580 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 73 88th
Population Density # 92 84th
Diversity Index # 365 38th
Median Household Income # 292 50th
Per Capita Income # 209 64th

Additional comparisons and rankings can be made with a VERY EASY TO USE Nebraska Census Data Comparison Tool.

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