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$125,000
Albion, IN 46701 has a population of approximately 8,052 and experiences a population change rate of 5.28%. The population density is 83.5 / sq mi .
The median household income for Albion, IN 46701 is $65,975, with 3,031 households and an average household size of 2.55.
The median value of a home in Albion, IN 46701 is $203,200 with an appreciation rate of 15.60%. 69.98% of housing in the state is owned while 18.25% is rented.
The cost of living in Albion, IN 46701 is 80.5 %.
The unemployment rate in Albion, IN 46701 is 2.70%, and recent job growth is at -1.13%. Future job growth is projected at 25.87%.
The sales tax rate in Albion, IN 46701 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Albion, IN 46701 are $11,687, and the school ratio is 14.4:1.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 39.9 inches per year, with 28.3 inches of snow per year.
