Last updated: 2024 BLS data · Page refreshed:
New Albany has a population of 10,896 with a median age of 42.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 10,896 |
| Median Age | 42.5 |
| White | 75.0% |
| Black or African American | 4.3% |
| Asian | 9.7% |
| Hispanic or Latino | 5.6% |
| Other / Two or More Races | 5.4% |
The median household income in New Albany is $238,250, which is 195.6% above the national median of $80,610. The per capita income is $114,920. The poverty rate is 1.4%.
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In New Albany, 99.2% of residents age 25+ have a high school diploma or higher, and 79.4% hold a bachelor's degree or higher (37.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 99.2% |
| Bachelor's Degree or Higher | 79.4% |
| Graduate or Professional Degree | 37.4% |
The median home value in New Albany is $772,100, above the national median of $303,400. The median monthly rent is $2,355. The homeownership rate is 88.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $772,100 |
| Median Monthly Rent | $2,355 |
| Homeownership Rate | 88.7% |
| Vacancy Rate | 5.2% |
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