New Albany, Indiana

Moving to or Living in New Albany Pros and Cons, Cost of Living, Crime Rate, Demographics

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

Explore the life in New Albany based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In New Albany
  2. Pros and Cons of Living In New Albany
  3. Crime In New Albany
  4. Cost of Living In New Albany
  5. Gender In New Albany
  6. Household Income For New Albany
  7. Education In New Albany
  8. Race & Ethnicity In New Albany
About New Albany, Indiana
Is New Albany, Indiana a good place to live?
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.

A high school education is a basic prerequisite for most jobs, and in New Albany, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. 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. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Albany, only 23% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in New Albany is 91, which is 9% lower than national average. 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.
Population
36730
Unemployment
4.8%
2% NAT AVG.
Poverty
17.5%
25% NAT AVG.
Overall Score
6
Median Home
$128700
44% NAT AVG.
Median Income
$49415
27% NAT AVG.
Median Rent
$791
32% NAT AVG.
Cost Of Living
91
9% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 21
People Earning < $10,000
1 in 15
People Earning < $50,000
50.5%
People with <= High School
1 in 2.2
People With Any Degree
1 in 3
Pros & Cons Overview

Jobs60%

Housing60%

Affordability80%

Safety40%

Amenities90%

Diversity80%

Education60%

Commute85%


Cost of Living
Expense New Albany Indiana National Avg.
Services 105 93 100
Groceries 94 93 100
Health 96 94 100
Housing 64 74 100
Transportation 102 95 100
Utilities 96 96 100
Cost of Living
Gender
Gender New Albany Indiana Country
Female 52% 50.7% 50.8%
Male 48% 49.3% 49.2%
Gender

Household Income


Income New Albany Indiana Country
Less than $10,000 6.6% 5.9% 5.8%
$10,000 to $14,999 6.9% 4.1% 4.1%
$15,000 to $24,999 11.8% 9.5% 8.5%
$25,000 to $34,999 10% 9.9% 8.6%
$35,000 to $49,999 15.2% 13.6% 12.0%
$50,000 to $74,999 21% 19.2% 17.2%
$75,000 to $99,999 11.9% 13.5% 12.8%
$100,000 to $149,999 11.3% 14.7% 15.6%
$150,000 to $199,999 3.3% 5.2% 7.1%
$200,000 or more 2% 4.4% 8.3%
Education


Education New Albany Indiana Country
< 9th Grade 1% 4% 5.0%
9-12th Grade 11% 7% 7.0%
High School or GED 34% 33% 27.0%
Other College 21% 20% 20.0%
Associate's Degree 10% 9% 9%
Bachelor's Degree 14% 17% 20.0%
Master's Degree 7% 7% 9.0%
Professional Degree 1% 2% 2.0%
Doctorate Degree 1% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity New Albany Indiana Country
White 81.7% 78.4% 60.1%
African American 8.4% 9.3% 12.2%
American Indian 0.4% 0.2% 0.6%
Asian 0.7% 2.3% 5.6%
Hawaiian 0% 0% 0.2%
Other 0% 0.3% 0.3%
Multiracial 3.1% 2.4% 2.8%
Hispanic 5.6% 7.1% 18.2%
Race / Ethnicity