HomeIndianaNoble CountyAlbion town
Albion town, Indiana: commercial real estate data.
Albion town is a Census town of 2,723 people across 1.91 square miles of land, in Noble County. Median household income is $70,565, 68.2 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $292,000.
76 sourced place values · tier FULL · 8 sections
Albion
What Albion is
- Census place typetown
- Land area1.91 sq mi
- Water area0 sq mi
- Population per square mile of land1,427
- County holding the largest share of its areaNoble County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
How many people live in Albion
- Population2,723
- Median age36.0 plus or minus 8.3
- Population under 18803 plus or minus 216
- Share under 1829.5 percent
- Population 65 and over414 plus or minus 97
- Share 65 and over15.2 percent
- Households878
- Family households627 plus or minus 139
- Share of households that are families71.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
Income and work in Albion
- Median household income$70,565
- Per capita income$27,141
- Civilian labor force1,330 plus or minus 293
- Employed1,296 plus or minus 288
- Unemployed34 plus or minus 35
- Unemployment rate2.6 percent plus or minus 2.6
- Adults 25 and over1,677
- Adults 25 and over with a high school diploma or higher88.6 percent plus or minus 20.1
- Adults 25 and over with a bachelor degree or higher11.6 percent plus or minus 3.7
- Adults 25 and over with a graduate degree2.7 percent plus or minus 1.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
Housing in Albion
- Housing units976
- Occupied units878
- Vacant units98 plus or minus 67
- Vacancy rate10.0 percent plus or minus 6.7
- Owner occupied599 plus or minus 129
- Renter occupied279 plus or minus 103
- Ownership rate68.2 percent
- Median owner-occupied home value$142,700
- Median gross rent, monthly$962
- Annual rent as a share of median income16.4 percent
- Single family units756
- Share single family77.5 percent
- Units in buildings of two or more93 plus or minus 47
- Share in buildings of two or more9.5 percent plus or minus 4.6
- Mobile homes127 plus or minus 57
- Median year structure built1949
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
How Albion gets to work
- Workers 16 and over who commute1,178 plus or minus 277
- Commuting under 15 minutes486 plus or minus 133
- Share commuting under 15 minutes41.3 percent
- Commuting 30 minutes or more454 plus or minus 158
- Share commuting 30 minutes or more38.5 percent plus or minus 9.9
- Drove alone69.7 percent
- Carpooled12.7 percent plus or minus 6.8
- Public transport0.0 percent
- Walked4.4 percent plus or minus 3.1
- Worked from home5.5 percent plus or minus 4.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
SBA 7(a) lending to Albion borrowers
- Approvals5
- Gross approval$292,000
- Average approval$58,400
- Median approval$72,000
- Ninetieth percentile approval$100,000
- Largest approval$100,000
- Jobs supported7
- Jobs per approval1.4
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term72 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS2
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Albion
SBA 504 lending to Albion borrowers
- Approvals5
- Gross approval$1,548,000
- Average approval$309,600
- Median approval$204,000
- Largest approval$773,000
- Jobs supported55
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Noble County, not Albion
Noble County context, not Albion figures
These are Noble County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Albion measurements.
- Establishments in Noble County921
- Employment at those establishments, Noble County15,650
- Covered employment, Noble County16,814
- Average annual pay, Noble County$50,507
- Average weekly wage, Noble County$971
- Housing units permitted, Noble County128
- Of those, single family, Noble County128
- County product, 2024, Noble County$2,552,524,000
- County product change over the prior year, Noble County1.9 percent
- Average income of an arriving household, Noble County$54,043
Every figure in this section is published for Noble County as a whole and is not a measurement of Albion. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Albion questions, answered from the record.
How many people live in Albion, Indiana?
2,723, in 878 households. Albion town covers 1.91 square miles of land, which is 1,427 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Albion in?
Noble County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Albion?
$70,565. The median owner-occupied home is valued at $142,700. Median gross rent is $962 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Albion businesses?
5 7(a) approvals totalling $292,000, across 3 lenders, median approval $72,000, plus 5 504 approvals worth $1.5 m. These count approvals to borrowers whose address is in Albion, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Albion borrowers get paid back?
No rate is published for Albion. only 3 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Albion figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Noble County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Albion.
Is zoning published for Albion?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.