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Albion, Illinois Mortgage and Housing Information

Population: 1,933
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$37,500

Value of Houses and Condos

A comparison of the average prices of homes in Albion, Illinois and the U.S.
U.S.IllinoisAlbion
Median home value
in year 2000
$111,800$127,800$40,600

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.IllinoisAlbion
With a mortgage$1,088$1,198$556
Without a mortgage$295$353$229

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Albion (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage28654.3%
First Mortgage Only20438.7%
Second Mortgage and/or Home Equity Loan377.0%
Total527100%

Tenancy in Albion

How many people in Albion live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes644
Renter-occupied homes217
Homes for sale22
Homes for rent28
Total957

Age of Albion Residents

Median age for males and females (2000).
Males 39
Females 45

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.IllinoisAlbion
Median Earnings$23,755$25,890$17,448
Median Earnings, Males$29,458$32,016$21,917
Median Earnings, Females$18,957$20,364$14,187

Males earn $7,730 (54.5%) more than Females in Albion.

Commuting in Albion

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo664
Carpooled121
Public Transit0
Bicycle0
Walking45
Other Means2
Total, Commuted832
Worked from home41
Total873

Time Spent Commuting in Albion

Time spent commuting in Albion
Time spent in minutesNumber of People
Less than 5105
5-9231
10-14119
15-1938
20-2473
25-2941
30-3475
35-396
40-4415
45-5959
60-8928
Over 9042

Education

Level of higher education for people over 25 years in Albion (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College17428.1%19631.7%
Associate Degree589.4%447.1%
Bachelor's Degree497.9%345.5%
Master's Degree152.4%264.2%
Professional Degree40.6%20.3%
Doctorate Degree00.0%00.0%
Total (at least some college)30048.5%30238.6%
Total over 25619100%782100%

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