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New Albany, IN

Full City Profile · Indiana · Floyd County County

3.1 /5.0
B Good
37,589 Population 2,425/sq mi density
$54,152 Median Income $30,287 per capita
$169,600 Home Value $230,667 Zillow
$971 Median Rent 28.5% income on rent
58°F Avg Temperature 293 sunny days/yr
244 Violent Crime/100K 5,622 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$54,152 median income, 3.2% unemployment
A+
Affordability
4.9 / 5.0
$169,600 home value, $971/mo rent
F
Safety
1.0 / 5.0
244 violent crimes/100K
C+
Education
2.8 / 5.0
22.8% bachelor's degree or higher

Income Overview

Median Household Income
$54,152
28% below
US avg: $75,149
Per Capita Income
$30,287
22% below
US avg: $39,052
Unemployment Rate
3.2%
11% below
US avg: 3.6%
Poverty Rate
14.2%
15% above
US avg: 12.4%

Income Comparison: New Albany vs. U.S. Average

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

Median Household
US: $75,149
$54,152
72%
Per Capita
US: $39,052
$30,287
78%
IRS Avg AGI
US: $72,000
$87,389
121%
Avg Weekly Wage
US: $1,432
$1,067
75%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,067
25% below US avg ($1,432)
Mean Commute Time
20 min
27% below US avg (28 min)
Work From Home
10.3%
32% below US avg (15.2%)
Drive Alone
77.5%
6% above US avg (73.2%)
Public Transit
0.2%
95% below US avg (5.0%)
County GDP
$4,257M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.5%
Public Transit 0.2%
Work From Home 10.3%
Other 12%
Average commute time
20 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,062
Restaurants
172
Healthcare
288
Retail
213
Manufacturing
112

Tax & Financial

IRS Avg Adjusted Gross Income
$87,389
21% above US avg ($72,000)
Avg Property Tax
$3,401
3% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$54,152
Per Capita Income$30,287
IRS Avg Adjusted Gross Income$87,389
Avg Weekly Wage$1,067
County GDP$4,257M

Hardship Indicators

Unemployment Rate3.2%
Poverty Rate14.2%
Gini Coefficient0.435
Cost of Living Index93.3

Commute

Mean Commute20 minutes
Drive Alone77.5%
Public Transit0.2%
Work From Home10.3%

Businesses

Total Establishments2,062
Restaurants172
Healthcare288
Retail213
Manufacturing112

Tax

IRS Avg AGI$87,389
Avg Property Tax$3,401