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 Type | 2.30% |
| One Bedroom | 15% |
| Two Bedrooms | 30.70% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 5.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $66,700 |
| Median Price asked for vacant units | $61,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 7% |
| Simple Mortgage | 49.70% |
| Debt Free | 35.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.2% |
