Pros and Cons of Living In New Albany, Indiana. Is New Albany, IN a Nice Place To Live or Retire?

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New Albany, Indiana

Moving to New Albany In Indiana ? Is New Albany, IN a Nice Place To Live? Pros and Cons of Living in New Albany, Indiana. Find out the best and worst about to live, raise a family or retire in New Albany.

DEMOGRAPHICS

Population
36730
Unemployment
4.8%
2% NAT AVG.
Poverty
17.5%
25% NAT AVG.
Cost Of Living
91
9% NAT AVG.

ECONOMICS

Median Home Cost
$128700
44% NAT AVG.
Median Income
$49415
27% NAT AVG.
Median Rent
$791
32% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 21
People Earning < $10,000
1 in 15
People Earning < $50,000
50.5%
People With Any Degree
1 in 3

ETHNICITY

Ethnicity New Albany USA
White 81.7% 60.1%
African American 8.4% 12.2%
American Indian 0.4% 0.6%
Asian 0.7% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.1% 2.8%
Hispanic 5.6% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME New Albany USA
Less than $10,000 6.6% 5.8%
$10,000 to $14,999 6.9% 4.1%
$15,000 to $24,999 11.8% 8.5%
$25,000 to $34,999 10% 8.6%
$35,000 to $49,999 15.2% 12.0%
$50,000 to $74,999 21% 17.2%
$75,000 to $99,999 11.9% 12.8%
$100,000 to $149,999 11.3% 15.6%
$150,000 to $199,999 3.3% 7.1%

EDUCATION

Education New Albany USA
< 9th Grade 1% 5.0%
9-12th Grade 11% 7.0%
High School or GED 34% 27.0%
Other College 21% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 14% 20.0%
Master's Degree 7% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
New Albany is a city in Indiana state in USA with a population of 36730 residents.. The poverty rate of New Albany is 17.5%, which is 25% higher than national average. The typical household in New Albany earns $49415 a year, compared to the national median of $67,500. Nearly 50.5% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of New Albany remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in New Albany is 91, which is 9% lower than national average. In New Albany, only 23% of adults have a bachelor's degree and 31% have some college but no degree. Median home value in New Albany is $128700 , which is 44% lower than national average. While median income in New Albany remained $49415, which is 27% lower than national average.
New Albany Scorecard

Jobs60%

Housing60%

Affordability80%

Safety40%

Amenities90%

Diversity80%

Education60%

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