Living in Albia, Iowa
Cost of living, income, home prices, rent and demographics of Albia · Census data 2020–2024
Albia has 3,663 residents with a median age of 38.1. The median household income is $70,455 (6% lower than the Iowa median), the median home value is $130,300, the median rent is $915/month.
Albia at a glance
- Population
- 3,663
- Median age
- 38.1State: 38.6
- Median household income
- $70,455State: $75,059
- Median home value
- $130,300State: $208,000
- Median rent
- $915/moState: $972
- Homeowners
- 73.4%
- Bachelor's degree or higher
- 24.7%
- Average commute
- 26 min
Is Albia a good place to live?
Pros: Home values 37% lower than the state median.
Cons: Median household income 6% lower than the Iowa median; an average commute of 26 minutes; unemployment of 5.1%; a poverty rate of 14.7%.
The weather is best in June to September.
Cost of living in Albia
Housing is the biggest part of the cost of living. In Albia the median home value is $130,300, 61% lower than the U.S. median. Renters pay a median of $915 per month, which is 35.1% of household income. Homeowners with a mortgage pay $1,219 a month in housing costs.
Albia median household income
The median household income in Albia is $70,455 and the income per person is $32,153. 14.7% of residents live below the poverty line (Iowa: 11.1%).
Housing in Albia: homes for sale and rent
- Housing units
- 1,828
- Owner-occupied
- 73.4%
- Renter-occupied
- 26.6%
- Vacant
- 14.8%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.25
Albia demographics
- Population
- 3,663
- Median age
- 38.1
- Under 18
- 24.2%
- 65 and older
- 22.2%
- Households
- 1,558
- Foreign-born
- 1.5%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Albia ›
Education in Albia
24.7% of adults 25 and older in Albia have a bachelor's degree or higher (Iowa: 31.4%), and 8.8% have a graduate or professional degree.
Jobs and commute in Albia
- Unemployment rate
- 5.1%State: 3.6%
- Average commute
- 26 minState: 20 min
- Work from home
- 9%
- Drive alone
- 75.3%
- Public transit
- 0%
- Walk to work
- 4.3%
- Homes with broadband
- 91.5%
Albia vs nearby towns
More for people moving to Albia
Albia ZIP code ›Weather and climate ›Living in Albia: FAQ
What is the median household income in Albia, IA?
The median household income in Albia is $70,455, 6% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Albia?
The median home value in Albia is $130,300, compared with $208,000 in Iowa.
How much is rent in Albia?
The median gross rent in Albia is $915 per month, about 35.1% of household income.
Is Albia, IA a good place to live?
Pluses: home values 37% lower than the state median. Minuses: median household income 6% lower than the Iowa median; an average commute of 26 minutes; unemployment of 5.1%; a poverty rate of 14.7%.
What is the median age in Albia?
The median age in Albia is 38.1 years (Iowa: 38.6).
How long is the commute in Albia?
The average commute to work in Albia is 26 minutes; 9% of workers work from home.
What is the unemployment rate in Albia?
The unemployment rate in Albia is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Albia?
24.7% of adults in Albia have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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