Albion is a small town of 2,835 in Indiana, with a median household income of $62,813
and a 1.2% unemployment rate.
Its cost of living index is 92 (US average = 100), which is
8% below the national average.
Strengths:
Albion stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B-).
Trade-offs:
No major red flags stand out in the available data. 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: 92.3
Albion's overall cost of living index is 92.3,
where 100 represents the US national average.
Living in Albion costs roughly 8% less than the average American city.
Metric
Albion, IN
National Avg
Median Home Value
$115,300
$244,900
Median Monthly Rent
$863
$1,163
Homeownership Rate
59.2%
65.9%
Median Household Income
$62,813
$74,755
Crime & Safety
Very Safe
Albion's violent crime rate is 179.9 per 100,000 residents
— 53% lower than the national average of ~380 per 100,000.
Violent Crime
179.9 /100k
Property Crime
494.6 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Albion is served primarily by Central Noble Com School Corp.
The student-to-teacher ratio is 14.0:1
(better than the national average of ~16:1).
Metric
Albion, IN
National Avg
School District
Central Noble Com School Corp
—
Elementary Schools
2
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
14.0:1
16:1
Bachelor's Degree or Higher
5.8%
35.4%
High School Diploma or Higher
87.6%
91.1%
Weather & Climate
Albion sees average highs of 31.4°F in January
and 82.6°F in July,
with 37.5 inches of annual precipitation
and 23.9 inches of snow per year.
Albion's cost of living index is 92, where 100 is the national average.
That makes Albion roughly 8% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $115,300 and median rent is $863/month.
Albion's violent crime rate is 179.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 494.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Albion are operated by Central Noble Com School Corp.
The district has 2 elementary, several middle, and 1 high schools.
The student-to-teacher ratio is 14.0:1. 5.8% of adults 25+ hold a bachelor's degree or higher.
Albion, IN has a population of 2,835, a median household income of $62,813, and an unemployment rate of 1.2%.
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 31.4°F in January and 82.6°F in July. Annual rainfall is 37.5 inches
with about 23.9 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Albion, IN is covered by 1 ZIP code: 46701.
The population of Albion, Indiana is 2,835 with a median age of 29.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Albion: cost of living index 92 (100 = US average), median home $115,300, median household income $62,813, crime index 38 (100 = US average, lower is safer), schools rated B-. 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.
