Albion is a small town with a large college student population. Because of this, there is a real youthful, hip vibe to the place, and much of the life in the town is centered on the college. This has helped Albion to buck the trend of other small towns that have suffered declining populations over the past 20 to 30 years. Spending by students, and faculty and staff jobs, are a big part of the local economy.
In terms of college education, Albion is nearly on par with the US average for all cities of 21.84%: 18.45% of adults 25 and older in Albion have a bachelor's degree or advanced degree.
The per capita income in Albion in 2022 was $18,850, which is low income relative to Michigan and the nation. This equates to an annual income of $75,400 for a family of four. However, Albion contains both very wealthy and poor people as well.
Albion is an extremely ethnically-diverse city. The people who call Albion home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Albion residents report their race to be White, followed by Black or African-American. Important ancestries of people in Albion include German, English, Irish, Polish, and Italian.
The most common language spoken in Albion is English. Other important languages spoken here include Spanish and Polish.
