Albion, IL Real Estate
According to census data in the year 2000 there were 960 housing units in Albion.
This represents a 3.1% decline from 991 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 960 were located in what is classified as a rural area.
Homeownership rate in Albion is about 74.5%.
Albion's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Albion were built after 1960.
|Housing Units by Size|
|Five Bedrooms or more||1.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1956|
|Median Value of occupied units||$46,000|
|Median Price asked for vacant units||$37,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.99|
|Median year structure was built||1966|
|Median Monthly Rent asked for vacant units||$252|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.2%|