Albion No. 3 is an election precinct, or township equivalent, in Edwards County, Illinois. As of the 2020 Census the population was 723.

According to the 2021 census gazetteer files, Albion No. 2 Precinct has a total area of 14.82 square miles (38.38 km), of which 14.79 square miles (38.31 km) (or 99.82%) is land and 0.03 square miles (0.08 km) (or 0.18%) is water.

As of the 2020 census there were 723 people, 305 households, and 138 families residing in the precinct. The population density was 82.08 inhabitants per square mile (31.69/km). There were 349 housing units at an average density of 39.62 per square mile (15.30/km). The racial makeup of the precinct was 92.12% White, 0.83% African American, 0.00% Native American, 1.52% Asian, 0.28% Pacific Islander, 0.28% from other races, and 4.98% from two or more races. Hispanic or Latino of any race were 1.80% of the population.

There were 305 households, out of which 28.50% had children under the age of 18 living with them, 36.07% were married couples living together, 6.23% had a female householder with no spouse present, and 54.75% were non-families. 43.00% of all households were made up of individuals, and 21.00% had someone living alone who was 65 years of age or older. The average household size was 2.28 and the average family size was 3.09.

The precinct's age distribution consisted of 31.0% under the age of 18, 2.2% from 18 to 24, 25.8% from 25 to 44, 13.9% from 45 to 64, and 27.0% who were 65 years of age or older. The median age was 36.3 years. For every 100 females, there were 111.1 males. For every 100 females age 18 and over, there were 90.1 males.

The median income for a household in the precinct was $34,631, and the median income for a family was $61,250. Males had a median income of $28,654 versus $19,375 for females. The per capita income for the precinct was $22,331. About 16.7% of families and 16.1% of the population were below the poverty line, including 26.5% of those under age 18 and 2.4% of those age 65 or over.