What percentage of people rent in Albion, NE?
23.8% (±5.9 points) of the occupied homes in Albion, NE are rented (2020–2024 American Community Survey).
That is 179 renting households against 572 that own their home.
In Albion, the share of households that rent went from 28.1% in 2015–2019 to 23.8% in 2020–2024 (−4.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 23.8% (±5.9 points)
- Renting households
- 179 (±48)
- Median renter income
- $35,179 (±$21,450)
Who rents and who owns in Albion
| Albion | Boone County | Nebraska | United States | |
|---|---|---|---|---|
| Renter-occupied share | 23.8% (±5.9 points) | 18.1% (±3.2 points) | 33.5% (±0.4 points) | 34.8% |
| Renting households | 179 (±48) | 397 (±75) | 266,969 (±3,420) | 45,017,354 |
| Owning households | 572 (±69) | 1,794 (±96) | 530,878 (±4,181) | 84,210,142 |
| Average renter household size | 1.4 (±0.1) | 1.9 (±0.3) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $35,179 (±$21,450) | $42,431 (±$16,181) | $47,168 (±$620) | $52,966 |
| Median owner household income | $97,500 (±$11,252) | $83,387 (±$7,327) | $97,496 (±$809) | $100,009 |
In Albion, the renter share is not measurably different from Boone County (18.1%).
It is also lower than in Nebraska (33.5%).
It is lower than the national figure (34.8%).
In Boone County, Albion ranks 2 of 5 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 298 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Albion has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 28.1% (±4.9 points) | 23.8% (±5.9 points) | −4.3 percentage points | Not a measurable change |
| Median gross rent | $580 (±$77) | $705 (±$232) | +21.6% | No measurable change after inflation |
| Median household income | $54,464 (±$5,988) | $74,492 (±$7,349) | +36.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Albion
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Albion | — | 23.8% (±5.9 points) | — |
| St. Edward | 11 mi | 18.3% (±9.4 points) | Not measurably different |
| Cedar Rapids | 12 mi | 13.5% (±7.4 points) | Lower |
| Walker Township | 12 mi | 22.1% (±18.9 points) | Not measurably different |
| Petersburg | 12 mi | 11.2% (±6.2 points) | Lower |
| Newman Grove | 12 mi | 24.6% (±8.5 points) | Not measurably different |
| Primrose | 13 mi | 25.0% (±30.8 points) | Not measurably different |
| Woodville Township | 14 mi | 7.0% (±10.6 points) | Lower |
| Belgrade | 15 mi | 17.7% (±12.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Cedar Rapids, NE (13.5%), Petersburg, NE (11.2%), Woodville Township, NE (7.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Boone County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Primrose | 25.0% (±30.8 points) |
| 2 | Albion | 23.8% (±5.9 points) |
| 3 | St. Edward | 18.3% (±9.4 points) |
| 4 | Cedar Rapids | 13.5% (±7.4 points) |
| 5 | Petersburg | 11.2% (±6.2 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Albion
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Questions about Albion
How many renters are there in Albion?
Albion has an estimated 179 (±48) renting households, 23.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Albion?
In Albion, the share of households that rent went from 28.1% in 2015–2019 to 23.8% in 2020–2024 (−4.3 percentage points), not a measurable change.
How big are renting households in Albion?
A renting household in Albion has 1.4 people on average, against 2.7 in an owned home.
How much do renters earn in Albion?
The median renting household in Albion, NE has an income of $35,179 (±$21,450) a year, against $97,500 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Albion city, Nebraska
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Albion city, Nebraska
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Albion city, Nebraska
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Albion city, Nebraska
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Albion city, Nebraska
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Albion city, Nebraska (place:00555, in state:31).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Albion at a glance
- Median rent in Albion
- Rent burden in Albion
- Income and affordability in Albion
- Home values in Albion
- Homeowner costs in Albion
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- Types of homes in Albion
- Bedrooms in Albion
- Age of homes in Albion
- Heating fuel in Albion
- Commute and cars in Albion
- Crime reported to police in Albion
- Population growth in Albion
- How long people stay in Albion
- Nebraska landlord and tenant rules
- Housing across Boone County
- Nebraska places ranked by share of renters
- Housing data for every place in Nebraska