Last updated: 2024 BLS data · Page refreshed:
New Albany has a population of 37,581 with a median age of 38.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 37,581 |
| Median Age | 38.2 |
| White | 80.6% |
| Black or African American | 7.7% |
| Asian | 1.3% |
| Hispanic or Latino | 5.5% |
| Other / Two or More Races | 4.9% |
The median household income in New Albany is $54,710, which is 32.1% below the national median of $80,610. The per capita income is $30,946. The poverty rate is 18.9%.
The unemployment rate in New Albany is 4.2%, compared to the national rate of 4.1%.
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In New Albany, 89.5% of residents age 25+ have a high school diploma or higher, and 23.7% hold a bachelor's degree or higher (8.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.5% |
| Bachelor's Degree or Higher | 23.7% |
| Graduate or Professional Degree | 8.7% |
The median home value in New Albany is $180,500, below the national median of $303,400. The median monthly rent is $1,026. The homeownership rate is 55.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $180,500 |
| Median Monthly Rent | $1,026 |
| Homeownership Rate | 55.4% |
| Vacancy Rate | 10.3% |
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