Albion is located close to the center of Iowa. Albion is part of Marshall County. Albion has 0.60 square miles of land area and has no water area. As of 2010-2014, the total Albion population is 430, which has shrunk 27.36% since 2000. The population growth rate is much lower than the state average rate of 5.19% and is much lower than the national average rate of 11.61%. Albion median household income is $53,750 in 2010-2014 and has grown by 45.76% since 2000. The income growth rate is higher than the state average rate of 33.56% and is much higher than the national average rate of 27.36%. Albion median house value is $69,500 in 2010-2014 and has grown by 33.65% since 2000. The house value growth rate is much lower than the state average rate of 53.09% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Albion is much better than the state average in quality. The Albion area code is 641.