Albin, WY Profile: Facts & Data

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Albin, Wyoming - Basic Facts

The Town of Albin had a population of 185 as of July 1, 2020. Albin ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Wyoming. See peer rankings below.

The primary coordinate point for Albin is located at latitude 41.4178 and longitude -104.0983 in Laramie County. The formal boundaries for the Town of Albin encompass a land area of 0.15 sq. miles and a water area of 0 sq. miles. Laramie County is in the Mountain time zone (GMT -7). The elevation is 5,338 feet.

The Town of Albin (GNIS ID: 2412343) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Wyoming is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Albin is located within Pine Bluffs Division of Laramie County.


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Albin, WY Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 185 (100%)
Population in Households 185 (100.0%)
Population in Families 157 (84.9%)
Population in Group Quarters1 0
Population Density 1,261
Diversity Index2 34
 
 

INCOME

Median Household Income $66,922
Average Household Income $100,874
% of Income for Mortgage4 0%
Per Capita Income $38,658
Wealth Index5 129
 

HOUSING

Total HU (Housing Units) 74 (100%)
Owner Occupied HU 50 (67.6%)
Renter Occupied HU 10 (13.5%)
Vacant Housing Units 14 (18.9%)
Median Home Value $273,214
Average Home Value $267,347
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 60
Average Household Size 3.08
Family Households 43
Average Family Size 4
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.21% 0.85%
Households 0.16% 0.98%
Families -0.22% 0.91%
Median Household Income   3.65%
Per Capita Income   2.02%
Owner Occupied HU   0.79%

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Albin, WY - Peer Comparisons by Rank and Percentile

The table below compares Albin to the other 203 incorporated cities, towns and CDPs in Wyoming by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 135 34th
Population Density # 24 89th
Median Household Income # 72 65th
Housing Affordability Index # 21 10th
Per Capita Income # 49 76th
Diversity Index # 38 82nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Wyoming Census Data Comparison Tool.

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