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Albion, Michigan Mortgage and Housing Information
Population: 9,144
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Albion
Income
| U.S. | Michigan | Albion | |
|---|---|---|---|
| Median Earnings | $23,755 | $25,271 | $15,154 |
| Median Earnings, Males | $29,458 | $32,766 | $20,768 |
| Median Earnings, Females | $18,957 | $18,677 | $11,322 |
Males earn $9,446 (83.4%) more than Females in Albion.
Commuting in Albion
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 2,609 |
| Carpooled | 484 |
| Public Transit | 52 |
| Bicycle | 13 |
| Walking | 696 |
| Other Means | 56 |
| Total, Commuted | 3,910 |
| Worked from home | 123 |
| Total | 4,033 |
Time Spent Commuting in Albion
Time spent commuting in Albion
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 521 |
| 5-9 | 1,314 |
| 10-14 | 532 |
| 15-19 | 374 |
| 20-24 | 433 |
| 25-29 | 160 |
| 30-34 | 283 |
| 35-39 | 42 |
| 40-44 | 0 |
| 45-59 | 156 |
| 60-89 | 34 |
| Over 90 | 61 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 341 | 15.7% | 668 | 30.7% |
| Associate Degree | 96 | 4.4% | 158 | 7.3% |
| Bachelor's Degree | 155 | 7.1% | 291 | 13.4% |
| Master's Degree | 125 | 5.8% | 71 | 3.3% |
| Professional Degree | 39 | 1.8% | 7 | 0.3% |
| Doctorate Degree | 59 | 2.7% | 33 | 1.5% |
| Total (at least some college) | 815 | 37.5% | 1,228 | 42.9% |
| Total over 25 | 2,173 | 100% | 2,860 | 100% |
Housing in Albion
Cost of Single-Family Houses
| Median price asked in year 2000 | $38,300 |
|---|
Value of Houses and Condos
| U.S. | Michigan | Albion | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $110,300 | $60,500 |
Monthly Owner Costs
| U.S. | Michigan | Albion | |
|---|---|---|---|
| With a mortgage | $1,088 | $972 | $707 |
| Without a mortgage | $295 | $288 | $238 |
Tenancy in Albion
| Owner-occupied homes | 1,922 |
|---|---|
| Renter-occupied homes | 1,330 |
| Homes for sale | 56 |
| Homes for rent | 172 |
| Total | 3,591 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Albion (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 876 | 49.4% |
| First Mortgage Only | 740 | 41.8% |
| Second Mortgage and/or Home Equity Loan | 156 | 8.8% |
| Total | 1,772 | 100% |
Age of Albion Residents
| Males | Females |
|---|---|
| 27 | 31 |
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