Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Crime
This area is reporting high crime rates per 100,000 people and could signify that it is a dangerous place to live. Crime rates include both violent and property crimes.
Employment
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
Schools
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Albion, Michigan is a smaller city with a population of 8,601 residents. If you are a young adult or student, you might be pleased to know that the average age of all Albion residents is 29. Albion is very likely to be a great place to live for singles as only 37%, of the population (over fifteen) are classified as married. If you're not a fan of traffic congestion and long commute times to work, Albion is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Albion, Michigan could be a fulfilling experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Albion and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the Michigan and national averages.
The livability score in Albion is 69 out of 100 and the city is ranked in the 73rd percentile of all cities across America. For each of the livability categories, we can establish that Albion ranks very well for housing (A+). There is at least one category that does not have great scores in Albion. The following was graded with a discouraging score: crime (F), education (F) and employment (F).
Striving for a cost-effective lifestyle becomes increasingly essential, especially in light of the ongoing upward trajectory of everyday goods and services. In Albion, residents enjoy the privilege of a cost of living that is 20.28% below the national average. This favorable positioning extends its influence across a broad spectrum of expenses, encompassing not only goods and services but also housing costs, groceries and healthcare costs. Consequently, this locale emerges as a hub where your financial resources go further, allowing you to maintain an economical and sustainable way of life. This affordability becomes increasingly significant in an era marked by escalating expenses, rendering Albion an appealing destination for those in pursuit of financial prudence without sacrificing their quality of life.
Finding affordable real estate and housing in Albion can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Albion real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Albion. Median real estate prices in Albion come in at $106,092, which is 55% lower than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Albion, the home price to income ratio is 2, which is 37.5% lower than the Michigan average.
| Statistic | Albion | Michigan | National |
| Average one way commute | 19min | 24min | 26min |
| Workers who drive to work | 68.9% | 82.5% | 76.4% |
| Workers who carpool | 7.9% | 8.8% | 9.3% |
| Workers who take public transit | 0.8% | 1.4% | 5.1% |
| Workers who bicycle | 1.5% | 0.5% | 0.6% |
| Workers who walk | 15.1% | 2.2% | 2.8% |
| Working from home | 5.6% | 3.7% | 4.6% |
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