Albion is a city in Marshall County, Iowa, United States. The population was 448 at the 2020 census. Albion was founded in 1852. The town …Albion is a city in Marshall County, Iowa, United States. The population was 448 at the 2020 census. Albion was founded in 1852. The town was first called La Fayette until the name was changed to Albion in 1858. The present name is after Albion, the poetic name for Britain.