Is New Albany a Good Place to Live?
Based on current data, New Albany receives an overall livability score of 3.9 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, abundant sunshine. Areas to be aware of include an elevated poverty rate, below-average incomes. New Albany offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in New Albany is $52,500, 30% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. The poverty rate of 45.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 12 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in New Albany is $38,800, 86% below the national median — offering relatively affordable homeownership. At just 0.7x median income, home prices are very affordable relative to local earnings.
Education
0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 69.0% have completed high school. Area schools have an average test score of 5.8/10.
Climate & Weather
New Albany enjoys a moderate climate with an average annual temperature of 57°F. Winters average 32°F in January while summers reach 80°F in July. With 305 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 41.8 inches, including 6.5 inches of snow. Air quality is rated Good with a median AQI of 39.