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.
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.
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%
Poverty
17.5%
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
New Albany Indiana
Gender
| Gender | New Albany | Indiana | Country |
|---|---|---|---|
| Female | 52% | 50.7% | 50.8% |
| Male | 48% | 49.3% | 49.2% |
Gender
Female Male
Household Income
< $10000 $10K to $15K $15K to $25K $25K to $35K $35K to $50K $50K to $75K $75K to $100K $100K to $150K $150K to $200K $200K or more
| 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
< 9th Grade 9-12th Grade High School or GED Other College Associate Degree Bachelor Degree Masters Degree Professional Degree Doctorate Degree
| 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
New Albany Indiana Country
Education
New Albany Indiana Country
Race / Ethnicity
White African American American Indian Asian Hispanic Hawaiian Mixed Other
| 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
New Albany Indiana Country