Albion is a small town of 593 in Iowa, with a median household income of $71,838
and a 5.2% unemployment rate.
Its cost of living index is 90 (US average = 100), which is
10% below the national average.
Strengths:
Albion stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs:
Potential downsides include an elevated unemployment rate. Whether Albion is right for you depends on your priorities — the full breakdown is below.
All Albion city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 89.8
Albion's overall cost of living index is 89.8,
where 100 represents the US national average.
Living in Albion costs roughly 10% less than the average American city.
Metric
Albion, IA
National Avg
Median Home Value
$105,700
$244,900
Median Monthly Rent
$911
$1,163
Homeownership Rate
90.1%
65.9%
Median Household Income
$71,838
$74,755
Crime & Safety
Very Safe
Albion's violent crime rate is 208.3 per 100,000 residents
— 45% lower than the national average of ~380 per 100,000.
Violent Crime
208.3 /100k
Property Crime
1242.1 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Albion, IA
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
7.3%
35.4%
High School Diploma or Higher
94.2%
91.1%
Weather & Climate
Albion sees average highs of 27.7°F in January
and 83.1°F in July,
with 32.8 inches of annual precipitation
and 25.3 inches of snow per year.
Albion's cost of living index is 90, where 100 is the national average.
That makes Albion roughly 10% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $105,700 and median rent is $911/month.
Albion's violent crime rate is 208.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1242.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Albion, IA has a population of 593, a median household income of $71,838, and an unemployment rate of 5.2%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Albion averages 27.7°F in January and 83.1°F in July. Annual rainfall is 32.8 inches
with about 25.3 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Albion, IA is covered by 1 ZIP code: 50005.
The population of Albion, Iowa is 593 with a median age of 40.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Albion: cost of living index 90 (100 = US average), median home $105,700, median household income $71,838, crime index 57 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Albion side by side with your current city to see the trade-offs.
