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 Rate | 3.2% |
| Poverty Rate | 14.2% |
| Gini Coefficient | 0.435 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 77.5% |
| Public Transit | 0.2% |
| Work From Home | 10.3% |
Businesses
| Total Establishments | 2,062 |
| Restaurants | 172 |
| Healthcare | 288 |
| Retail | 213 |
| Manufacturing | 112 |
Tax
| IRS Avg AGI | $87,389 |
| Avg Property Tax | $3,401 |
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