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Albion, MI 49224 has a population of approximately 14,084 and experiences a population change rate of -4.93%. The population density is 142.5 / sq mi .
The median household income for Albion, MI 49224 is $47,523, with 4,423 households and an average household size of 2.68.
The median value of a home in Albion, MI 49224 is $115,100 with an appreciation rate of 16.20%. 55.92% of housing in the state is owned while 25.20% is rented.
The cost of living in Albion, MI 49224 is 84.6 %.
The unemployment rate in Albion, MI 49224 is 3.70%, and recent job growth is at 3.03%. Future job growth is projected at 34.51%.
The sales tax rate in Albion, MI 49224 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Albion, MI 49224 are $13,157, and the school ratio is 16.3:1.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 34.5 inches per year, with 42.8 inches of snow per year.
