Living in Albion, Maine
Cost of living, income, home prices, rent and demographics of Albion · Census data 2020–2024
Albion has 2,204 residents with a median age of 52.9. The median household income is $62,361 (17% lower than the Maine median), the median home value is $230,900.
Albion at a glance
- Population
- 2,204
- Median age
- 52.9State: 44.8
- Median household income
- $62,361State: $74,733
- Median home value
- $230,900State: $296,600
- Homeowners
- 79%
- Bachelor's degree or higher
- 23.4%
- Average commute
- 34 min
Is Albion a good place to live?
Pros: Home values 22% lower than the state median; unemployment of 2.8%.
Cons: Median household income 17% lower than the Maine median; an average commute of 34 minutes; a poverty rate of 18.4%.
The weather is best in June to September.
Cost of living in Albion
Housing is the biggest part of the cost of living. In Albion the median home value is $230,900, 31% lower than the U.S. median. Renters pay a median of — per month, which is 24.4% of household income. Homeowners with a mortgage pay $1,597 a month in housing costs.
Albion median household income
The median household income in Albion is $62,361 and the income per person is $33,546. 18.4% of residents live below the poverty line (Maine: 10.7%).
Housing in Albion: homes for sale and rent
- Housing units
- 993
- Owner-occupied
- 79%
- Renter-occupied
- 21%
- Vacant
- 3.6%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.30
Albion demographics
- Population
- 2,204
- Median age
- 52.9
- Under 18
- 12.5%
- 65 and older
- 26.8%
- Households
- 957
- Foreign-born
- 0.6%
- Veterans
- 12%Adults 18+
Hispanic or Latino can be of any race. Population history of Albion ›
Education in Albion
23.4% of adults 25 and older in Albion have a bachelor's degree or higher (Maine: 36.2%), and 7.9% have a graduate or professional degree.
Jobs and commute in Albion
- Unemployment rate
- 2.8%State: 3.8%
- Average commute
- 34 minState: 25 min
- Work from home
- 15.7%
- Drive alone
- 78.4%
- Public transit
- 0%
- Walk to work
- 1.1%
- Homes with broadband
- 84.8%
Albion vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Albion | 2,204 | $62,361 | $230,900 | — |
| Freedom | 670 | $64,861 | $190,600 | — |
| Unity | 1,858 | $62,857 | $206,900 | $873 |
| Winslow | 8,023 | $70,917 | $225,300 | $1,041 |
| Benton | 2,770 | $61,437 | $176,700 | $1,110 |
| Palermo | 1,473 | $89,095 | $259,700 | $1,235 |
| China | 4,526 | $96,309 | $240,000 | — |
| Montville | 907 | $65,735 | $221,600 | $847 |
| Waterville | 17,077 | $53,580 | $184,600 | $978 |
More for people moving to Albion
Albion ZIP code ›Weather and climate ›Living in Albion: FAQ
What is the median household income in Albion, ME?
The median household income in Albion is $62,361, 17% lower than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Albion?
The median home value in Albion is $230,900, compared with $296,600 in Maine.
Is Albion, ME a good place to live?
Pluses: home values 22% lower than the state median; unemployment of 2.8%. Minuses: median household income 17% lower than the Maine median; an average commute of 34 minutes; a poverty rate of 18.4%.
What is the median age in Albion?
The median age in Albion is 52.9 years (Maine: 44.8).
How long is the commute in Albion?
The average commute to work in Albion is 34 minutes; 15.7% of workers work from home.
What is the unemployment rate in Albion?
The unemployment rate in Albion is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Albion?
23.4% of adults in Albion 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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