Home / Select Cities  /  2024 Comparing Albion, IN vs. Richmond, IN

2024 Compare Cities Housing:
Albion, IN vs Richmond, IN

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Highlights
- The median age of a home in Albion is 10.3% younger than the median age of a home in Richmond.

Housing
 Albion, INRichmond, INUnited States
 Median Home Age586442
 Median Home Cost$205,700$126,700$338,100
 Home Appr. Last 12 months15.6%15.1%16.6%
 Home Appr. Last 5 yrs.58.7%51.5%57.0%
 Home Appr. Last 10 yrs.83.5%73.6%101.1%
 Property Tax Rate$7.7$9.0$11.0
 Homes Owned49.8%47.1%57.4%
 Housing Vacant6.1%15.6%11.2%
 Homes Rented44.2%37.3%31.4%
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 Avg Rent For Home Or Apartment
 Albion, INRichmond, INUnited States
 Average Rent$1,070$1,220$1,840
 Studio Apartment$590$670$1,080
 1 Bedroom Home or Apartment$670$760$1,180
 2 Bedroom Home or Apartment$880$1,000$1,430
 3 Bedroom Home or Apartment$1,090$1,240$1,860
 4 Bedroom Home or Apartment$1,310$1,360$2,160
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 Vacant Housing
 Albion, INRichmond, INUnited States
 Vacant For Rent1.5%3.3%1.9%
 Vacant Rented0.0%0.4%0.4%
 Vacant For Sale0.2%0.7%0.7%
 Vacant Sold1.4%0.4%0.4%
 Vacant Vacation0.0%0.3%3.6%
 Vacant Other2.9%10.6%4.1%
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 Owner-Occupied Housing Value
 Albion, INRichmond, INUnited States
 Less Than $20,0007.1%5.9%2.6%
 $20,000 to $39,9990.0%7.5%2.4%
 $40,000 to $59,9992.0%11.2%2.8%
 $60,000 to $79,9998.9%19.9%3.9%
 $80,000 to $99,99934.6%16.1%4.5%
 $100,000 to $149,99921.7%20.9%11.3%
 $150,000 to $199,99914.0%10.0%13.0%
 $200,000 to $299,9997.1%4.7%20.1%
 $300,000 to $399,9990.9%1.9%13.6%
 $400,000 to $499,9990.0%0.1%8.3%
 $500,000 to $749,9992.2%1.6%9.7%
 $750,000 to $999,9990.0%0.0%3.9%
 $1,000,000 to $1,499,9990.0%0.2%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over1.6%0.0%1.1%
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 Housing Units By Year Built
 Albion, INRichmond, INUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20148.1%4.4%13.6%
 2000 to 20098.1%4.4%13.6%
 1990 to 19999.6%5.6%13.6%
 1980 to 19898.2%6.6%13.2%
 1970 to 197913.4%12.8%14.8%
 1960 to 19699.6%5.6%13.6%
 1950 to 19593.2%14.5%10.0%
 1940 to 19493.2%10.2%4.7%
 1939 or Earlier41.6%29.4%12.2%

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Reviews for Albion    0 Reviews

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Reviews for Richmond    5 Reviews

do you see any changes no and lot of people don't even vote in this poverty retirement town. most of the educated people have left Richmond and Indiana all together. Be  More

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Over 11 years ago

Richmond is an attractive city for the most part, but for its population there is way to much crime. The police seem to worry more about petty issues like driving  More

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Over 13 years ago

Richmond is a great city homes here are very reasonable to buy. We have great parks. And lots of things to do for a town our size. I was born here so were my parents and  More

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