Albion, Nebraska.
Typical home $315,254 (+1.5% in a year).
to buy the typical home at today's mortgage rate — +$913 (+123%) since Jan 2020.
- 1 year
- Up $4,730 +2%
- $310,524$315,254 since Sep 2025
- 5 years
- Up $77,306 +32%
- $237,949$315,254 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Albion$1,655
- Nebraska$1,461
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Albion, NE rose 1.5% over the past year — faster than the nation's +1.2%.
Living in Albion, Boone County, Nebraska
Albion is a city of 1,699 people in Boone County. Half its households earn more than $74,492 a year and half less, against $74,947 across Boone County; 7% of its people live below the poverty line. 76% of its homes are lived in by their owners and 24% are rented. Unemployment in Boone County was 2.1% in August 2026, and the county had 0.5% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then farming.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Albion is a small city and the seat of Boone County, Nebraska. Most homes are lived in by their owners, and household incomes sit just a little below the county's. Winters are cold, with a good deal of snow, and summers turn warm.
Work. Many residents work in schools, hospitals and social care, with farming, retail and manufacturing also employing a good number of people. The largest workplaces in Albion include the Boone County Health Center, Boone Central Schools and the Valero Albion Plant. Commutes are short, and few people work from home.
Things to do. Olson Nature Preserve, a protected area, is a short drive away and is the one nearby place to know about for time outdoors. It suits a quiet walk or an afternoon spent watching the countryside.
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- 751households
- 26%of adults have a degree
- 7%below the poverty line
- 16 mintypical commute
- 5%work from home
What residents work in
Employed residents by industry, from the Census survey. Boone County had 2,439 jobs in 2025, 0.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 11°; warmest in July, with highs near 85° and lows near 63°. About 27 inches of snow and 27 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Albion weather station, under a mile away (NOAA).
Largest workplaces in Albion
- Boone County Health CenterCritical access hospital196FTE
- Boone Central SchoolsSchool district101FTE
- Valero Albion PlantDenatured alcohol manufacturing63
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1 workplace with 20 or more staff, 63 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- HailRelatively high
- Cold wavesRelatively high
- Strong windRelatively high
- TornadoesRelatively high
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Albion’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Boone County.
Albion home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Albion$315,254
- Nebraska$278,299
- United States$366,157
Sellers are cutting prices on about 1 in 4 Albion listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Albion23.31%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Albion20
Zip codes with a Albion address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Albion — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.