Isaac Brown, an early resident of Albion, named the community after his hometown of Albion, New York.[2]
Albion is the site of the former Albion Academy. Founded by Seventh Day Baptists, the school was later operated by the Norwegian Evangelical Lutheran Church of America. The school closed in 1918.[3] In 1928, the Town of Albion purchased the buildings. In 1959, the academy property was turned over to the Albion Academy Historical Society, which operates a museum on the site.[4]