HomeNebraskaBoone CountyAlbion city
Albion city, Nebraska: commercial real estate data.
Albion city is a Census city of 1,822 people across 1.18 square miles of land, in Boone County. Median household income is $74,492, 76.2 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $779,400.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Albion
What Albion is
- Census place typecity
- Land area1.18 sq mi
- Water area0 sq mi
- Population per square mile of land1,546
- County holding the largest share of its areaBoone 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
- Population1,822
- Median age38.1
- Population under 18485
- Share under 1826.6 percent
- Population 65 and over415
- Share 65 and over22.8 percent
- Households751
- Family households459
- Share of households that are families61.1 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$74,492
- Per capita income$35,889
- Civilian labor force879
- Employed866
- Unemployed13 plus or minus 10
- Unemployment rate1.5 percent plus or minus 1.1
- Adults 25 and over1,201
- Adults 25 and over with a high school diploma or higher95.9 percent
- Adults 25 and over with a bachelor degree or higher26.2 percent
- Adults 25 and over with a graduate degree8.3 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
Housing in Albion
- Housing units878
- Occupied units751
- Vacant units127 plus or minus 51
- Vacancy rate14.5 percent plus or minus 5.7
- Owner occupied572
- Renter occupied179 plus or minus 48
- Ownership rate76.2 percent
- Median owner-occupied home value$219,000
- Median gross rent, monthly$705 plus or minus $232
- Annual rent as a share of median income11.4 percent plus or minus 3.9
- Single family units723
- Share single family82.3 percent
- Units in buildings of two or more150 plus or minus 42
- Share in buildings of two or more17.1 percent plus or minus 4.6
- Mobile homes5 plus or minus 8
- Median year structure built1960
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 commute810
- Commuting under 15 minutes569
- Share commuting under 15 minutes70.2 percent
- Commuting 30 minutes or more152 plus or minus 58
- Share commuting 30 minutes or more18.8 percent plus or minus 6.9
- Drove alone75.9 percent
- Carpooled14.0 percent plus or minus 5.1
- Public transport0.0 percent
- Walked3.5 percent plus or minus 1.6
- Worked from home4.9 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
SBA loans in Albion (7(a))
- Approvals4
- Gross approval$779,400
- Average approval$194,850
- Median approval$150,000
- Ninetieth percentile approval$495,000
- Largest approval$495,000
- Jobs supported22
- Jobs per approval5.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 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.
Boone County, not Albion
Boone County context, not Albion figures
These are Boone 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 Boone County199
- Employment at those establishments, Boone County1,707
- Covered employment, Boone County2,452
- Average annual pay, Boone County$50,753
- Average weekly wage, Boone County$976
- Housing units permitted, Boone County15
- Of those, single family, Boone County15
- County product, 2024, Boone County$575,690,000
- County product change over the prior year, Boone County-9.6 percent
- Average income of an arriving household, Boone County$55,491
Every figure in this section is published for Boone 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, Nebraska?
1,822, in 751 households. Albion city covers 1.18 square miles of land, which is 1,546 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?
Boone 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?
$74,492. The median owner-occupied home is valued at $219,000. Median gross rent is $705 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?
4 7(a) approvals totalling $779,400, across 3 lenders, median approval $150,000. 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 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 Boone 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.
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