Albion, NE Real Estate
According to census data in the year 2000 there were 831 housing units in Albion.
This represents a 4.2% decline from 867 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 831 were located in what is classified as a rural area.
Homeownership rate in Albion is about 75.7%.
Albion's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Albion were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 13% |
| Two Bedrooms | 22.70% |
| Three Bedrooms | 35.10% |
| Four Bedrooms | 23.50% |
| Five Bedrooms or more | 5.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $63,400 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $221 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 3.60% |
| Simple Mortgage | 33% |
| Debt Free | 61.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
