HomeNebraskaBoone CountyAlbion
Albion, Nebraska: commercial real estate data.
Albion 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 since FY2020.
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$131,000
- 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
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
Flood risk in Albion
- NFIP communityCity of Albion
- NFIP community number310009
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/10/26(M)
The City of Albion participates in the National Flood Insurance Program as community 310009 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.
Boone County, not Albion
Boone County context, not Albion figures
- Establishments in Boone County199
- Covered employment, Boone County2,452
- Average annual pay, Boone County$50,753
- Housing units permitted, Boone County15
Every figure in this section is published for Boone 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, 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 totaling $779,400 since FY2020, across 3 lenders, median approval $131,000. 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 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 310009, 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 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?
No. Nothing on this page presents parcel level zoning.
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