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Albion, NY Real Estate


According to census data in the year 2000 there were 2,632 housing units in Albion. This represents a 7.3% growth from 2,453 in 1990.

Of those housing units, 2,632 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 59.3%. Albion's vacancy rate, including seasonal lodging, is about 10.7%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Albion were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom15%
Two Bedrooms30.70%
Three Bedrooms36.80%
Four Bedrooms9.80%
Five Bedrooms or more5.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1939
Median Value of occupied units$66,700
Median Price asked for vacant units$61,900

Rented Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1939
Median Monthly Rent asked for vacant units$313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.20%
Home Equity Loan7%
Simple Mortgage49.70%
Debt Free35.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.2%