HomeMichiganCalhoun CountyAlbion
Albion, Michigan: commercial real estate data.
Albion is a Census city of 7,560 people across 4.41 square miles of land, in Calhoun County. Median household income is $39,885, 60.0 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $3.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Albion
What Albion is
- Census place typecity
- Land area4.41 sq mi
- Water area0.09 sq mi
- Population per square mile of land1,714
- County holding the largest share of its areaCalhoun 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
- Population7,560
- Median age25.8
- Population under 181,841
- Share under 1824.4 percent
- Population 65 and over953
- Share 65 and over12.6 percent
- Households2,365
- Family households1,348
- Share of households that are families57.0 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$39,885
- Per capita income$19,543
- Civilian labor force3,016
- Employed2,608
- Unemployed408 plus or minus 139
- Unemployment rate13.5 percent plus or minus 4.5
- Adults 25 and over3,841
- Adults 25 and over with a high school diploma or higher88.2 percent
- Adults 25 and over with a bachelor degree or higher17.5 percent plus or minus 3.6
- Adults 25 and over with a graduate degree6.8 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
Housing in Albion
- Housing units2,967
- Occupied units2,365
- Vacant units602 plus or minus 134
- Vacancy rate20.3 percent plus or minus 4.3
- Owner occupied1,418
- Renter occupied947
- Ownership rate60.0 percent
- Median owner-occupied home value$99,900
- Median gross rent, monthly$775
- Annual rent as a share of median income23.3 percent plus or minus 4.9
- Single family units2,089
- Share single family70.4 percent
- Units in buildings of two or more840 plus or minus 187
- Share in buildings of two or more28.3 percent plus or minus 5.9
- Mobile homes38 plus or minus 31
- Median year structure built1942
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 commute2,330
- Commuting under 15 minutes1,023
- Share commuting under 15 minutes43.9 percent
- Commuting 30 minutes or more665 plus or minus 154
- Share commuting 30 minutes or more28.5 percent plus or minus 5.7
- Drove alone69.5 percent
- Carpooled7.9 percent plus or minus 3.9
- Public transport0.0 percent
- Walked10.9 percent plus or minus 4.5
- Worked from home8.1 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
SBA loans in Albion (7(a))
- Approvals13
- Gross approval$3,621,400
- Average approval$278,569
- Median approval$160,000
- Largest approval$1,040,000
- Jobs supported135
- Jobs per approval10.4
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more46.2 percent
- Share to franchises7.7 percent
- Distinct lenders6
- Distinct industries by NAICS12
Counted by borrower city: approvals to borrowers whose address is in Albion, in any county, FY2020 to FY2026. Only 0 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)
- Approvals1
- Gross approval$1,455,000
- Average approval$1,455,000
- Median approval$1,455,000
- Largest approval$1,455,000
- Jobs supported10
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Albion, in any county, FY2010 to FY2026. Only 0 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 communityCity of Albion
- NFIP community number260050
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/04/11
The City of Albion participates in the National Flood Insurance Program as community 260050 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.
Calhoun County, not Albion
Calhoun County context, not Albion figures
- Establishments in Calhoun County2,482
- Covered employment, Calhoun County54,415
- Average annual pay, Calhoun County$64,067
- Housing units permitted, Calhoun County91
Every figure in this section is published for Calhoun 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, Michigan?
7,560, in 2,365 households. Albion city covers 4.41 square miles of land, which is 1,714 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?
Calhoun 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?
$39,885. The median owner-occupied home is valued at $99,900. Median gross rent is $775 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?
13 7(a) approvals totaling $3.6 m since FY2020, across 6 lenders, median approval $160,000, plus 1 504 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 0 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, city of, community 260050, 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 Calhoun 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.
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