Is New Albany, Mississippi a Good Place To Live? - Living In New Albany, MS

Is New Albany, Mississippi a good place to live?
New Albany is a city in Mississippi state in USA with a population of 8723 residents.. The poverty rate of New Albany is 11.5%, which is 18% lower than national average. The typical household in New Albany earns $41975 a year, compared to the national median of $67,500. Nearly 57.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in New Albany, only 79% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Albany remained 2.2%, which is 53% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Albany, only 18% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in New Albany is 83, which is 17% lower than national average. Median home value in New Albany is $111200 , which is 52% lower than national average. While median income in New Albany remained $41975, which is 38% lower than national average.
Population
8723
Unemployment
2.2%
53% NAT AVG.
Poverty
11.5%
18% NAT AVG.
Overall Score
6
Median Home Cost
$111200
52% NAT AVG.
Median Income
$41975
38% NAT AVG.
Median Rent
$743
36% NAT AVG.
Cost Of Living
83
17% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 45
People Earning < $10,000
1 in 18
People Earning < $50,000
57.3%
People with <= High School
1 in 2.1
People With Any Degree
1 in 3.1
Pros & Cons Overview

Jobs80%

Housing50%

Affordability70%

Safety60%

Amenities60%

Diversity90%

Education50%

Commute90%