HomeIndianaNoble CountyAlbion
Albion, Indiana: commercial real estate data.
Albion 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Albion (7(a))
- Approvals5
- Gross approval$292,000
- Average approval$58,400
- Median approval$72,000
- 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
Counted by borrower city: approvals to borrowers whose address is in Albion, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Albion
SBA loans in Albion (504)
- 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
Counted by borrower city: approvals to borrowers whose address is in Albion, in any county, FY2010 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Albion
Flood risk in Albion
- NFIP communityTown of Albion
- NFIP community number180184
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/02/15
The Town of Albion participates in the National Flood Insurance Program as community 180184 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Noble County, not Albion
Noble County context, not Albion figures
- Establishments in Noble County921
- Covered employment, Noble County16,814
- Average annual pay, Noble County$50,507
- Housing units permitted, Noble County128
Every figure in this section is published for Noble County as a whole and is not a measurement of Albion.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $292,000 since FY2020, across 3 lenders, median approval $72,000, plus 5 504 approvals worth $1.5 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Albion in the National Flood Insurance Program?
Yes. Albion appears in the FEMA Community Status Book as Albion, town of, community 180184, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Albion figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.