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.
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.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
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.
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.
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Albion, New York is a small-sized city with a population of 5,615 people. At 86%, the majority of the Albion population is White; this is followed by 8% Black and 0% Asian. Albion is not known to have a high population (over 15 years old) of married people. At only 44% married, this city falls well below the national average. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Albion, your commute times will be about average, with a one way commute time of 23 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Albion, New York could be a good 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. To help you find the best places to live in and around Albion, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, education, housing and more.
Albion has a livability score of 59 out of 100 and is ranked #944 in New York and #17,839 in the USA. This is a poor rating when compared to the average of other places in the country. Based on the grades for each individual category, Albion has received high marks for cost of living (A+) and housing (B-). Regrettably for Albion, there are some categories for which it does not score well, this includes: amenities (F) and employment (F).
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Albion has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Albion meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Albion. Everything else becomes a lot less important if it turns out that home prices in Albion are simply unattainable. The median home price for Albion homes is $68,400, which is 76.1% lower than the New York average. If we take a closer look at the affordability of homes in Albion, we’ll see that the home price to income ratio is 1.7, which is 63.8% lower than the New York average.
Statistic | Albion | New York | National |
Average one way commute | 23min | 33min | 26min |
Workers who drive to work | 70.1% | 53.0% | 76.4% |
Workers who carpool | 19.0% | 6.7% | 9.3% |
Workers who take public transit | 0.1% | 28.0% | 5.1% |
Workers who bicycle | 1.1% | 0.7% | 0.6% |
Workers who walk | 7.3% | 6.3% | 2.8% |
Working from home | 2.4% | 4.0% | 4.6% |