New Albany, MS
Full City Profile · Mississippi · Union County County
3.0
/5.0
B
Good
7,661
Population
420/sq mi density
$46,276
Median Income
$28,233 per capita
$150,000
Home Value
$196,968 Zillow
$956
Median Rent
29.8% income on rent
60°F
Avg Temperature
301 sunny days/yr
1,581
Violent Crime/100K
4,490 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$46,276 median income, 0.9% unemployment
A+
Affordability
4.9 / 5.0
$150,000 home value, $956/mo rent
F
Safety
1.0 / 5.0
1,581 violent crimes/100K (316% above avg)
C+
Education
2.8 / 5.0
22.5% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$956/mo
18% below
US avg: $1,163/mo
Homeownership Rate
56.9%
13% below US avg (65.4%)
Total Housing Units
3,447
Median year built: 1975
Home Value by Source
Census Median
$150,000
Zillow (ZHVI)
$196,968
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.9%
Owner-Occupied
43.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$751/mo
1 Bedroom
$782/mo
2 Bedroom
$924/mo
3 Bedroom
$1,177/mo
4 Bedroom
$1,295/mo
Census median rent:
$956/mo
Affordability & Housing Stock
Rent Burden
29.8%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
56.9%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
| Zillow Home Value (ZHVI) | $196,968 |
Rent
| Census Median Rent | $956 |
| FMR Studio | $751 |
| FMR 1-Bedroom | $782 |
| FMR 2-Bedroom | $924 |
| FMR 3-Bedroom | $1,177 |
| FMR 4-Bedroom | $1,295 |
Market
Ownership & Stock
| Owner-Occupied | 56.9% |
| Renter-Occupied | 43.1% |
| Homeownership Rate | 56.9% |
| Total Housing Units | 3,447 |
| Median Year Built | 1975 |
| Rent Burden | 29.8% |
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