HomePennsylvaniaErie CountyAlbion borough
Albion borough, Pennsylvania: commercial real estate data.
Albion borough is a Census borough of 1,277 people across 1.08 square miles of land, in Erie County. Median household income is $55,556, 66.6 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $358,000.
70 sourced place values · tier FULL · 8 sections
Albion
What Albion is
- Census place typeborough
- Land area1.08 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,184
- County holding the largest share of its areaErie 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
- Population1,277
- Median age44.8
- Population under 18307 plus or minus 71
- Share under 1824.0 percent plus or minus 5.0
- Population 65 and over243
- Share 65 and over19.0 percent
- Households608
- Family households325
- Share of households that are families53.5 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$55,556 plus or minus $14,908
- Per capita income$32,975
- Civilian labor force613
- Employed580
- Unemployed33 plus or minus 28
- Unemployment rate5.4 percent plus or minus 4.5
- Adults 25 and over926
- Adults 25 and over with a high school diploma or higher94.5 percent
- Adults 25 and over with a bachelor degree or higher21.4 percent plus or minus 5.5
- Adults 25 and over with a graduate degree9.5 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
Housing in Albion
- Housing units653
- Occupied units608
- Vacant units45 plus or minus 33
- Vacancy rate6.9 percent plus or minus 5.0
- Owner occupied405
- Renter occupied203 plus or minus 49
- Ownership rate66.6 percent
- Median owner-occupied home value$141,100
- Median gross rent, monthly$592 plus or minus $132
- Annual rent as a share of median income12.8 percent plus or minus 4.5
- Single family units462
- Share single family70.8 percent
- Units in buildings of two or more150 plus or minus 49
- Share in buildings of two or more23.0 percent plus or minus 7.2
- Mobile homes41 plus or minus 17
- Median year structure built1963
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 commute543
- Commuting under 15 minutes118 plus or minus 44
- Share commuting under 15 minutes21.7 percent plus or minus 7.2
- Commuting 30 minutes or more285 plus or minus 82
- Share commuting 30 minutes or more52.5 percent plus or minus 12.3
- Drove alone84.1 percent
- Carpooled10.4 percent plus or minus 6.8
- Public transport0.5 percent plus or minus 0.7
- Walked2.0 percent plus or minus 1.8
- Worked from home3.0 percent plus or minus 1.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albion
SBA 7(a) lending to Albion borrowers
- Approvals1
- Gross approval$358,000
- Average approval$358,000
- Median approval$358,000
- Ninetieth percentile approval$358,000
- Largest approval$358,000
- Jobs supported4
- Jobs per approval4.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term192 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
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.
Albion
Flood programme status in Albion
- Listed NFIP communities1
- Of those, participating1
- NFIP community number422409
- Currently effective map date02/19/14
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Erie County, not Albion
Erie County context, not Albion figures
These are Erie 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 Erie County6,103
- Employment at those establishments, Erie County114,339
- Covered employment, Erie County119,552
- Average annual pay, Erie County$53,524
- Average weekly wage, Erie County$1,029
- Housing units permitted, Erie County339
- Of those, single family, Erie County149
- County product, 2024, Erie County$15,023,861,000
- County product change over the prior year, Erie County4.8 percent
- Average income of an arriving household, Erie County$53,528
Every figure in this section is published for Erie 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.
- 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, Pennsylvania?
1,277, in 608 households. Albion borough covers 1.08 square miles of land, which is 1,184 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?
Erie 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?
$55,556. The median owner-occupied home is valued at $141,100. Median gross rent is $592 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?
1 7(a) approvals totalling $358,000, across 1 lenders, median approval $358,000. 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.
Is Albion in the National Flood Insurance Program?
Yes. Albion appears in the FEMA Community Status Book as community 422409, 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Erie 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.