Albion, IN Real Estate
According to census data in the year 2000 there were 904 housing units in Albion.
This represents a 14.9% growth from 787 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 904 were located in what is classified as a rural area.
Homeownership rate in Albion is about 70.9%.
Albion's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Albion were built after 1968.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.69|
|Median year structure was built||1961|
|Median Value of occupied units||$76,300|
|Median Price asked for vacant units||$58,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.12|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$397|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.7%|