New Albany, IN demographics:
population, income, and more

Total population
37,581
-0.0% year-over-year change
Median household income
$54,710/yr
1.0% year-over-year change
Housing units
18,263
-0.9% year-over-year change

New Albany population

How many people live in New Albany

New Albany is home to 37,581 residents, according to the most recent Census data. Gender-wise, 48.3% of New Albany locals are male, and 51.7% are female.

Total population
37,581
-0.0% year-over-year change
Gender ratio
Male
48.3%
18,140
Female
51.7%
19,441
Value Percent YoY change
Male 18,140 48.3% -0.1%
Female 19,441 51.7% 0.1%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in New Albany is 38, with the population distributed as follows: about 16.6% are children under 15, then 13.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 30.1% of the population, while another 22.2% fall into the 45 to 64 bracket. Finally, around 17.9% are 65 or older.

Median age
38.2
Age breakdown
Under 15
16.6%
15 to 24
13.3%
25 to 44
30.1%
45 to 64
22.2%
Over 65
17.9%
Value Percent YoY change
Under 15 6,225 16.6% -0.1%
15 to 24 4,984 13.3% -1.4%
25 to 44 11,313 30.1% 0.9%
45 to 64 8,330 22.2% 0.1%
Over 65 6,729 17.9% -0.6%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In New Albany, 96% of the population are US-born citizens, while 2.1% have gained naturalized citizenship. At the same time, 1.9% of residents are non-citizens. As for race, 80.6% of locals are Caucasian, 7.7% are African American and 1.3% have Asian roots. Another 0.4% are Indigenous American, 0.1% are Pacific Islanders, while 1.4% identify as another race. There’s also a share of 8.5% that includes residents with two or more races.

Citizenship
U.S.-born citizens
96%
Non-U.S.-born citizens
2.1%
Non-citizens
1.9%
Value Percent YoY change
U.S.-born citizens 36,083 96% -0.0%
Non-U.S.-born citizens 786 2.1% 31.2%
Non-citizens 712 1.9% -21.1%
Racial breakdown
White
80.6%
Black or African American
7.7%
American Indian and Alaska Native
0.4%
Asian
1.3%
Native Hawaiian and other Pacific Islander
0.1%
Two or more races
8.5%
Other
1.4%
Value Percent
White 30,284 80.6%
Black or African American 2,905 7.7%
American Indian and Alaska Native 150 0.4%
Asian 487 1.3%
Native Hawaiian and other Pacific Islander 32 0.1%
Two or more races 3,189 8.5%
Other 534 1.4%

Households in New Albany

A peek inside New Albany households

New Albany has 16,389 households, with an average of 2 members in each. Of these, 51.1% are families, while the remaining 48.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
16,389
1.4% year-over-year change
Average people per household
2
Non-family households
8,013
Family households
8,376
Value Percent YoY change
Non-family households 8,013 48.9% 3.3%
Family households 8,376 51.1% -0.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in New Albany

The housing landscape of New Albany

New Albany's housing consists of 18,263 units, with 60.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 4.1% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 2% of the housing landscape.

Housing units
18,263
-0.9% year-over-year change
Housing types
Value Percent
1 unit, detached 11,096 60.8%
1 unit, attached 754 4.1%
2 units 659 3.6%
3 or 4 units 1,148 6.3%
5 to 9 units 1,323 7.2%
10 to 19 units 1,237 6.8%
20 to 49 units 632 3.5%
50 or more units 1,050 5.8%
Mobile home 364 2%
Homes built since 2020
240
293.4% year-over-year change

The age of buildings in New Albany

In New Albany, the median construction year is 1965. About 24.4% of homes were built before the 1940s, with another 7.1% going up by 1949. Most development happened in the second half of the 20th century. Then, 5.2% of homes were added from 2000 to 2009, 5.4% between 2010 and 2019, and 1.3% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 4,454 24.4% -4.4%
Built between 1940 and 1949 1,292 7.1% -21.6%
Built between 1950 and 1959 2,240 12.3% -4.6%
Built between 1960 and 1969 2,482 13.6% 7.0%
Built between 1970 and 1979 2,267 12.4% 6.9%
Built between 1980 and 1989 2,072 11.4% 9.8%
Built between 1990 and 1999 1,282 7% 3.2%
Built between 2000 and 2009 947 5.2% -19.4%
Built between 2010 and 2019 987 5.4% 2.2%
Built in 2020 or later 240 1.3% 293.4%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

New Albany occupancy rates

Out of the 16,389 occupied housing units in New Albany, 55.4% are owner-occupied, while 44.6% are lived in by tenants. Meanwhile, 10.3% of all homes on the local market sit vacant.

Occupied housing units
16,389
1.4% year-over-year change
Occupancy breakdown
Renter occupied
7,309
Owner occupied
9,080
Value Percent YoY
change
Renter occupied 7,309 44.6% 2.5%
Owner occupied 9,080 55.4% 0.6%
Unoccupied housing units
10.3%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

New Albany housing costs

Housing costs in New Albany come to a median of $1,011 per month, while tenants specifically pay a median gross rent of $1,026.

Median housing costs per month
$1,011/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in New Albany
$1,026/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in New Albany

New Albany education at a glance

About 43.5% of the population in New Albany went to high school, while 22.5% pursued college studies. Another 8.1% earned an associate degree and 14.3% hold a bachelor’s. Meanwhile, 7.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 1,148 3.8% 37.3%
High school diploma 13,056 43.5% -3.2%
College diploma 6,756 22.5% 0.0%
Associate degree 2,438 8.1% -2.5%
Bachelor's degree 4,297 14.3% 9.1%
Graduate degree 2,296 7.7% -2.5%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in New Albany

How much people earn in New Albany

The average annual household income in New Albany was $68,078 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.5% change from the previous year. At the same time, the median income stood at $54,710, reflecting a +1% shift over the same period.

Average household income in New Albany
$68,078/year
1.5% year-over-year change
Median household income in New Albany
$54,710/year
1.0% year-over-year change

New Albany income by age

In New Albany, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $58,650. Those with someone between 45 and 64 in charge, often well established professionally, earn $64,408 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $50,739, while those led by someone over 65, many of whom may be retired, have about $45,745 in earnings. Overall, 81.3% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $50,739 6.3%
25 - 44 $58,650 4.7%
45 - 64 $64,408 1.4%
Over 65 $45,745 -10.2%
Above poverty level
29,251
Below poverty level
6,724
Value Percent YoY
change
Above poverty level 29,251 81.3% -0.4%
Below poverty level 6,724 18.7% 3.6%

Average renter income in New Albany

To get a better sense of what renters earn on average in New Albany, their median household income was $36,728 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 33.5%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$36,728
Rent-to-income ratio
33.5%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in New Albany

Workforce and job types in New Albany

The job market in New Albany is powered by 17,713 working residents, spread across a range of industries and roles. 71% of the working population are employed in professional or administrative positions, while 29% are in hands-on or service-based jobs. Also, 10.6% run their own businesses, 72.3% are employed by private companies, and 8.7% work in the public sector.

Workforce demographics

Working population
17,713
-0.5% year-over-year change
White collar
12,583
Blue collar
5,130
Value Percent YoY change
White collar 12,583 71% -2.0%
Blue collar 5,130 29% 3.6%
Employer type
Self employees
10.6%
Private companies
72.3%
Governmental workers
8.7%
Not for profit companies
8.4%
Value Percent YoY change
Self employees 1,880 10.6% 14.0%
Private companies 12,810 72.3% -1.6%
Governmental workers 1,543 8.7% -4.2%
Not for profit companies 1,480 8.4% -2.4%
Unemployment rate
6.0%
13.2% year-over-year change

Available workforce

The unemployment rate in New Albany stands at 6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in New Albany

How people get around in New Albany

Commuting methods vary: 85.7% of residents travel by personal vehicle and 1.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 14,913 85.7% -1.3%
Taxicab 49 0.3% -22.2%
Bus or trolleybus 7 0% -82.9%
Motorcycle 20 0.1% 66.7%
Bicycle 10 0.1% -50.0%
Walk 235 1.4% -42.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in New Albany by zipcode?

Zipcode Population Number of households Median income Average income
47150 49,144 20,669 $62,820 $79,783

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FAQs about New Albany demographics 

What is the total population of New Albany?

New Albany has a total population of 37,581 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.0% compared to a year ago.

What is the gender ratio in New Albany?

The gender ratio in New Albany is as follows:
  • 48.3% males (18,140 residents)
  • 51.7% females (19,441 residents)

What is the median age in New Albany?

The median age in New Albany is 38.2.

What is the age distribution of the population in New Albany?

The age distribution in New Albany is as follows:
  • Under 15: 16.6% (6,225 residents)
  • Ages 15-24: 13.3% (4,984 residents)
  • Ages 25-44: 30.1% (11,313 residents)
  • Ages 45-64: 22.2% (8,330 residents)
  • Over 65: 17.9% (6,729 residents)

What is the racial and ethnic makeup of New Albany?

The racial and ethnic makeup of New Albany is as follows:
  • White: 80.6% (30,284 residents)
  • Black or African American: 7.7% (2,905 residents)
  • American Indian and Alaska Native: 0.4% (150 residents)
  • Asian: 1.3% (487 residents)
  • Native Hawaiian and Other Pacific Islander: 0.1% (32 residents)
  • Two or More Races: 8.5% (3,189 residents)
  • Other: 1.4% (534 residents)

What percentage of the population in New Albany are U.S.-born citizens?

U.S.-born citizens represent 96% of the population in New Albany.

How many housing units are there in New Albany?

There are 18,263 housing units in New Albany, reflecting a -0.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in New Albany and what is the average household size?

New Albany has a total of 16,389 households, with an average of 2 people in each.

What is the median household income in New Albany?

New Albany has a median household income of $54,710, representing a +1.0% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for New Albany?

The employment rate is 94% in New Albany, with a workforce of 17,713 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 71% (12,583 residents)
  • Blue-collar workers: 29% (5,130 residents)

Places of employment:
  • Self-employed: 10.6% (1,880 residents)
  • Private companies: 72.3% (12,810 residents)
  • Governmental workers: 8.7% (1,543 residents)
  • Not-for-profit companies: 8.4% (1,480 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025