Census Bureau data for New Albany city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — New Albany city
- What is the median household income in New Albany city?
- The median household income in New Albany city is $232,524 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in New Albany city?
- The poverty rate in New Albany city is 0.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in New Albany city?
- $728,200 (U.S. Census Bureau ACS 2023).
- What is the average rent in New Albany city?
- The median gross rent in New Albany city is $2,134 per month (U.S. Census Bureau ACS 2023).
- What percentage of New Albany city residents have a college degree?
- 78.9% of adults in New Albany city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
10,524
Median Income
$232,524
Median Home Value
$728,200
Poverty Rate
0.7%
Unemployment (ACS 2023)
2.4%
Median Age
41.0 yrs
Since 2019
Median Income:
+$29,115 (+14.3%)
Home Value:
+$230,400 (+46.3%)
Poverty Rate:
+0.3 pp (+75%)
Bachelor's+:
+0.4 pp (+0.5%)
Unemployment:
-2.2 pp (-47.8%)
Demographics
Total Population
10,524
Median Age
41.0
Female
49.5%
Race & Ethnicity
Hispanic or Latino 8.0%
White (non-Hisp.) 73.7%
Black 3.1%
Asian 10.1%
Two or More 11.7%
Other 0.3%
Asian Subgroups (% of total pop.)
Indian
6.7%
Chinese
0.5%
Filipino
0.4%
Korean
0.4%
Japanese
0.3%
Vietnamese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
1.3%
Puerto Rican
0.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$232,524
±$21,121
+$162,844 vs. state
Per Capita Income
$345,118
Median Family Income
$250,001
Poverty Rate
0.7%
-8.5 pp vs. state
Child Poverty Rate
0.3%
Working-Age Poverty Rate
—
SNAP Recipients
0.6%
Social Security Income
—
Retirement Income
20.8%
Household Income Distribution
< $10k
0.8%
$10–15k
1.5%
$15–25k
1.1%
$25–35k
1.5%
$35–50k
0.9%
$50–75k
4.3%
$75–100k
5.5%
$100–150k
16.2%
$150–200k
10.8%
$200k+
57.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
3,696
Owner-Occupied
89.2%
Renter-Occupied
10.8%
Vacancy Rate
5.4%
Median Home Value
$728,200
+$529,000 vs. state
Median Gross Rent
$2,134
Owner Cost Burden (30%+)
13.5%
Renter Cost Burden (30%+)
39.4%
Home Value Distribution
< $50k
0.4%
$200–300k
2.2%
$300–500k
19.7%
$500k–$1M
58.1%
$1M+
19.2%
Gross Rent Distribution
< $500
1.9%
$1–1.5k
7.4%
$1.5–2k
34.7%
$2–2.5k
22.0%
$2.5–3.5k
19.6%
$3.5k+
14.3%
Vehicle Availability
No vehicle
3.7%
1 vehicle
12.0%
2 vehicles
50.1%
3+
34.2%
Housing Type
Single-fam. det.
90.2%
Single-fam. att.
3.3%
2–4 units
0.6%
20+ units
3.6%
Housing Age
Pre-1940
2.3%
1940–1969
0.9%
1970–1999
4.5%
2000–2009
38.9%
2010+
28.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
99.3%
Bachelor's or Higher
78.9%
+48.0 pp vs. state
Graduate Degree
32.7%
Some College / Associate
9.2%
Less Than High School
0.3%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
63.9%
Unemployment Rate
2.4%
-2.4 pp vs. state
Work from Home
23.8%
Self-Employed
4.2%
Government Workers
12.5%
Private For-Profit
83.3%
Industry
Edu/Health
29.1%
Prof. Services
15.9%
Retail
15.3%
Finance
14.2%
Arts/Entmt.
5.6%
Manufacturing
5.1%
Public Admin
4.9%
Wholesale
4.5%
Transportation
1.6%
Information
1.6%
Construction
1.4%
Agriculture
0.3%
Occupation
Management
73.7%
Sales
16.5%
Food Prep
7.1%
Production
1.7%
Construction
1.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
23.3 min
Drove Alone
71.4%
Carpool
2.6%
Public Transit
0.2%
Work from Home
23.8%
Walked
1.1%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
3,495
Avg. Household Size
3.00
Avg. Family Size
—
Married-Couple Households
81.5%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
51.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.5%
5–9
8.5%
10–14
8.9%
15–19
10.4%
20–24
1.6%
25–34
4.2%
35–44
16.6%
45–54
22.4%
55–64
7.0%
65–74
2.3%
75–84
5.6%
85+
5.1%
Under 18: 32.9%
Working age (18–64): 67.1%
65 and over: 11.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
10.2%
Naturalized Citizen
60.6%
Speaks English Less Than Very Well
2.3%
Foreign-Born Origin
Asia
60.0%
Europe
23.3%
Latin America
8.7%
Africa
3.8%
Veterans & Disability
Veteran
5.2%
With a Disability
5.3%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.7%
Uninsured
4.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
98.1%
Has a Computer
99.3%
Same House 1 Year Ago
92.7%
Moved from Abroad
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023