New Albany, IN

Full City Profile · Indiana · Floyd County County

3.0 /5.0
B Good
37,589 Population 2,425/sq mi density
$54,152 Median Income $30,287 per capita
$169,600 Home Value $239,041 Zillow
$971 Median Rent 28.5% income on rent
58°F Avg Temperature
277 Violent Crime/100K 2,451 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$54,152 median income, 5.3% unemployment
A+
Affordability
4.9 / 5.0
$169,600 home value, $971/mo rent
F
Safety
1.0 / 5.0
277 violent crimes/100K
C+
Education
2.8 / 5.0
22.8% bachelor's degree or higher

New Albany, IN

At a Glance

Median Income
$54,152
28% below
$30,287 per capita
Home Value
$169,600
40% below
Zillow: $239,041
Median Rent
$971/mo
17% below
28.5% of income on rent
Violent Crime
277/100K
27% below
2,451/100K property
Bachelor's Degree+
22.8%
32% below
89.6% high school+
Unemployment
5.3%
47% above
14.2% poverty rate
Obesity Rate
40.7%
27% above
19.2% smoking rate
Avg Temperature
58°F

How New Albany Compares to the U.S. Average

Each bar shows New Albany's value as a percentage of the national average (100% = U.S. avg)

Income
72%
Home Value
60%
Rent
83%
Poverty
115%
Bachelor's
68%
Unemployment
147%
Crime
73%
Thin vertical line = U.S. national average (100%)

Is New Albany a Good Place to Live?

B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

New Albany residents earn a median household income of $54,152 , which is 28% below the national average of $75,149. Per capita income is $30,287. The unemployment rate stands at 5.3% (47% above the U.S. rate of 3.6%). 14.2% of residents live below the poverty line. The area is home to 2,062 business establishments, including 172 restaurants.

Housing & Cost of Living

The median home value in New Albany is $169,600 , 40% below the national median of $281,900. Zillow estimates the typical home at $239,041. Median rent is $971/month, with 28.5% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1961.

Safety & Crime

New Albany reports 277 violent crimes per 100,000 residents , which is 27% below the national average of 380/100K. Property crime is 2,451/100K. The murder rate is 8.1/100K.

Education

22.8% of adults in New Albany hold a bachelor's degree or higher (32% below the national average). 89.6% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

New Albany has an average annual temperature of 58°F (14°C). Winters average 35°F in January while summers reach 79°F in July. Annual precipitation totals 48.0 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population37,589
Median Age38.0 yrs
Density2,425/mi²
Male / Female48% / 52%
Foreign Born3.3%
Veterans6.2%

Economy

B
Median Income$54,152
Per Capita$30,287
Unemployment5.3%
Poverty14.2%
County GDP$4,257M
Avg Weekly Wage$1,067

Housing

A+
Home Value$169,600
Rent$971
Ownership55.9%
Zillow$239,041
Housing Units18,313
Rent Burden28.5%

Crime

F
Violent277/100K
Property2,451/100K
Murder8.1/100K
Assault202/100K
Burglary207/100K

Health

Obesity40.7%
Diabetes12.7%
Smoking19.2%
Heart Disease6.6%
Premature Death9,964/100K

Climate

Avg Temp58°F
Rain48.0 in/yr
AQI43 (Good)
Elevation482 ft

Education

C+
Bachelor's+22.8%
High School+89.6%
Graduate+9.3%
School Score6.2/10

Community

2024 VoteR 57% / D 41%
Commute20 min
Broadband82.6%
Internet Speed192 Mbps
EV Stations4
Libraries4

Did You Know?

New Albany was founded in 1813.
The median home in New Albany was built in 1961.
The nearest airport is Louisville Muhammad Ali International (11 miles).
The Gini coefficient (income inequality) is 0.435 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
18.6% of the population has a disability.
Average internet download speed is 192 Mbps.
There are 172 restaurants in the area.
The county recorded 11 fatal vehicle crashes.