Albion, PA Real Estate
According to census data in the year 2000 there were 695 housing units in Albion.
This represents a 8.3% growth from 642 in 1990.
Of those housing units, 695 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Albion is about 65%.
Albion's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Albion were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 14.70% |
| Two Bedrooms | 25.50% |
| Three Bedrooms | 46.90% |
| Four Bedrooms | 9.10% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $76,300 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 7.40% |
| Simple Mortgage | 49.60% |
| Debt Free | 33.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
