The typical owner-occupied home in Albin is worth about $163,300, 47% below the Wyoming median of $309,700 and 51% below the national median of $332,700. Owners pay a median $1,168 a year in property taxes, about 0.72% of their home's value, higher than the Wyoming rate of 0.57%. The median household earns $170,154 a year, so the median home costs 1.0 times the median income (4.1 times for Wyoming). 90% of occupied homes here are lived in by their owners, and 79% of those owners still have a mortgage.
Albin at a glance
| Albin | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $163,300 | $309,700 | $332,700 |
| Median property tax paid per year | $1,168 | $1,767 | $3,119 |
| Property tax as a share of value | 0.72% | 0.57% | 0.94% |
| Median household income | $170,154 | $76,176 | $80,734 |
| Homes lived in by their owners | 90% | 72% | 65% |
| Owner homes with a mortgage | 79% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,371 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 13.1% | 21.0% | 21.0% |
| Median rent | – | $992 | $1,413 |
| Median year homes were built | 1938 | 1981 | 1980 |
| Vacant homes | 0.0% | 12.2% | 10.1% |
| Population | 230 | 582,397 | 334,922,499 |
What a typical home costs per month in Albin
At this week's average 30-year rate of 7.11%, buying the median Albin home of $163,300 with 20% down costs about $1,045 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,317, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $44,779 for the 20%-down payment. That payment is 7% of the median Albin household income of $170,154; at that income and 20% down, the 28% guideline points to a home of about $621,000.
| Down payment | $32,660 |
|---|---|
| Loan amount | $130,640 |
| Principal and interest | $879 |
| Property taxes (0.72% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| PMI | $0 |
| Total per month | $1,045 |
Change the numbers in the calculator
| Down payment | $5,716 |
|---|---|
| Loan amount | $160,342 |
| Principal and interest | $1,079 |
| Property taxes (0.72% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| FHA mortgage insurance | $72 |
| Total per month | $1,317 |
Change the numbers in the calculator
Questions about home buying in Albin
What is the median home value in Albin?
About $163,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Albin?
Homeowners pay a median $1,168 a year, which is about 0.72% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Albin?
For the median home with 20% down at 7.11%, the payment is about $1,045 a month. Keeping that under 28% of gross income takes about $44,779 a year.
More about Albin
- Mortgage Refinance in Albin
- Debt Relief in Albin
- Home Equity Loans in Albin
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data