Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.1 yrs |
|---|---|
| Avg HH Size | 2.37 |
| Below Poverty | 14.5% ▲ 45% above avg |
| College Grads | 37.2% ≈ Avg |
| Unemployment | 4.3% ▼ 12% below avg |
| No HS Diploma | 529 (1.6%) |
| HS Graduate | 10,340 (31.8%) |
| Some College | 4,990 (15.3%) |
| Associates | 4,577 (14.1%) |
| Bachelors | 3,171 (9.8%) |
| Graduate Degree | 8,910 (27.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,212 ▼ 18% below avg |
|---|---|
| Median Home Value | $191,800 ▼ 31% below avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $984/mo |
| Total Housing Units | 22,834 |
| Vacant Units | 2,466 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Albany is a city in Indiana, located in Floyd County. The city spans 2 ZIP codes and is home to approximately 49,606 residents. It is a middle-aged city, with a median age of 39.1 years.
Economically, New Albany is a solidly middle-class community. The median household income of $62,212 is below the national average. Approximately 14.5% of residents live below the poverty line. The unemployment rate is 4.3%, near the national average.
The real estate market in New Albany is an affordable housing market. Median home values stand at $191,800, which is below the national average. Renters typically pay around $984 per month. Homeownership is high at 62.5%, typical of suburban and family-oriented communities.
The population of New Albany is moderately educated. 37.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (81.76%).
New Albany, IN offers residents a cost-conscious lifestyle within Indiana. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47150 | 49,606 | $62,212 | $191,800 | $984 | 4.3% | 37.2% | 62.5% |