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

Total population
7,663
0.0% year-over-year change
Median household income
$51,332/yr
10.9% year-over-year change
Housing units
3,620
2.7% year-over-year change

New Albany population

How many people live in New Albany

New Albany is home to 7,663 residents, according to the most recent Census data. Gender-wise, 47.4% of New Albany locals are male, and 52.6% are female.

Total population
7,663
0.0% year-over-year change
Gender ratio
Male
47.4%
3,631
Female
52.6%
4,032
Value Percent YoY change
Male 3,631 47.4% 4.0%
Female 4,032 52.6% -3.3%
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 19.6% are children under 15, then 14.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.1% of the population, while another 24.6% fall into the 45 to 64 bracket. Finally, around 18.6% are 65 or older.

Median age
38.4
Age breakdown
Under 15
19.6%
15 to 24
14.1%
25 to 44
23.1%
45 to 64
24.6%
Over 65
18.6%
Value Percent YoY change
Under 15 1,501 19.6% -10.7%
15 to 24 1,081 14.1% 25.7%
25 to 44 1,771 23.1% -0.6%
45 to 64 1,883 24.6% -3.9%
Over 65 1,427 18.6% 3.4%
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, 95.9% of the population are US-born citizens, while 1.4% have gained naturalized citizenship. At the same time, 2.7% of residents are non-citizens. As for race, 60.6% of locals are Caucasian, 27.3% are African American and 0.6% have Asian roots. There’s also a share of 4.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
95.9%
Non-U.S.-born citizens
1.4%
Non-citizens
2.7%
Value Percent YoY change
U.S.-born citizens 7,352 95.9% 2.7%
Non-U.S.-born citizens 104 1.4% 40.5%
Non-citizens 207 2.7% -51.4%
Racial breakdown
White
60.6%
Black or African American
27.3%
American Indian and Alaska Native
1%
Asian
0.6%
Native Hawaiian and other Pacific Islander
0%
Two or more races
4.1%
Other
6.5%
Value Percent
White 4,640 60.6%
Black or African American 2,089 27.3%
American Indian and Alaska Native 74 1%
Asian 45 0.6%
Two or more races 317 4.1%
Other 498 6.5%

Households in New Albany

A peek inside New Albany households

New Albany has 2,851 households, with an average of 3 members in each. Of these, 60.6% are families, while the remaining 39.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
2,851
-3.2% year-over-year change
Average people per household
3
Non-family households
1,123
Family households
1,728
Value Percent YoY change
Non-family households 1,123 39.4% 2.8%
Family households 1,728 60.6% -6.7%
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 3,620 units, with 77.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.1% 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 3.1% of the housing landscape.

Housing units
3,620
2.7% year-over-year change
Housing types
Value Percent
1 unit, detached 2,812 77.7%
1 unit, attached 40 1.1%
2 units 217 6%
3 or 4 units 152 4.2%
5 to 9 units 114 3.2%
10 to 19 units 73 2%
50 or more units 101 2.8%
Mobile home 111 3.1%
Homes built since 2020
0
-100.0% year-over-year change

The age of buildings in New Albany

In New Albany, the median construction year is 1974. About 4.9% of homes were built before the 1940s, with another 7.7% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 179 4.9% -30.6%
Built between 1940 and 1949 278 7.7% -2.5%
Built between 1950 and 1959 410 11.3% 8.8%
Built between 1960 and 1969 691 19.1% 30.1%
Built between 1970 and 1979 620 17.1% 5.1%
Built between 1980 and 1989 372 10.3% 28.7%
Built between 1990 and 1999 524 14.5% -6.6%
Built between 2000 and 2009 350 9.7% -21.4%
Built between 2010 and 2019 196 5.4% 15.3%
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 2,851 occupied housing units in New Albany, 61.7% are owner-occupied, while 38.3% are lived in by tenants. Meanwhile, 21.2% of all homes on the local market sit vacant.

Occupied housing units
2,851
-3.2% year-over-year change
Occupancy breakdown
Renter occupied
1,092
Owner occupied
1,759
Value Percent YoY
change
Renter occupied 1,092 38.3% -13.9%
Owner occupied 1,759 61.7% 5.0%
Unoccupied housing units
21.2%
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 $882 per month, while tenants specifically pay a median gross rent of $973.

Median housing costs per month
$882/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
$973/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 36.4% of the population in New Albany went to high school, while 22.5% pursued college studies. Another 11.8% earned an associate degree and 12.2% hold a bachelor’s. Meanwhile, 10.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 404 6.9% -15.7%
High school diploma 2,122 36.4% -4.0%
College diploma 1,312 22.5% 23.8%
Associate degree 687 11.8% -11.7%
Bachelor's degree 714 12.2% -3.2%
Graduate degree 595 10.2% 41.0%
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 $73,009 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +4.2% change from the previous year. At the same time, the median income stood at $51,332, reflecting a +10.9% shift over the same period.

Average household income in New Albany
$73,009/year
4.2% year-over-year change
Median household income in New Albany
$51,332/year
10.9% 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 $58,311. Those with someone between 45 and 64 in charge, often well established professionally, earn $50,128 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $36,964, while those led by someone over 65, many of whom may be retired, have about $48,281 in earnings. Overall, 85.1% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $36,964 N/A
25 - 44 $58,311 1.2%
45 - 64 $50,128 7.8%
Over 65 $48,281 16.5%
Above poverty level
6,232
Below poverty level
1,089
Value Percent YoY
change
Above poverty level 6,232 85.1% 4.4%
Below poverty level 1,089 14.9% -19.9%

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 $39,609 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 29.5%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$39,609
Rent-to-income ratio
29.5%
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 3,156 working residents, spread across a range of industries and roles. 70.8% of the working population are employed in professional or administrative positions, while 29.2% are in hands-on or service-based jobs. Also, 8.2% run their own businesses, 72.8% are employed by private companies, and 12.6% work in the public sector.

Workforce demographics

Working population
3,156
1.3% year-over-year change
White collar
2,233
Blue collar
923
Value Percent YoY change
White collar 2,233 70.8% 13.9%
Blue collar 923 29.2% -20.1%
Employer type
Self employees
8.2%
Private companies
72.8%
Governmental workers
12.6%
Not for profit companies
6.5%
Value Percent YoY change
Self employees 258 8.2% 8.9%
Private companies 2,297 72.8% 0.4%
Governmental workers 397 12.6% 8.8%
Not for profit companies 204 6.5% -9.7%
Unemployment rate
2.5%
52.8% year-over-year change

Available workforce

The unemployment rate in New Albany stands at 2.5%, 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

Means of transportation
Value Percent YoY change
Car 3,013 96.5% 0.9%
Motorcycle 41 1.3% -6.8%
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
38652 15,789 5,755 $54,980 $73,610

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FAQs about New Albany demographics 

What is the total population of New Albany?

New Albany has a total population of 7,663 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:
  • 47.4% males (3,631 residents)
  • 52.6% females (4,032 residents)

What is the median age in New Albany?

The median age in New Albany is 38.4.

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

The age distribution in New Albany is as follows:
  • Under 15: 19.6% (1,501 residents)
  • Ages 15-24: 14.1% (1,081 residents)
  • Ages 25-44: 23.1% (1,771 residents)
  • Ages 45-64: 24.6% (1,883 residents)
  • Over 65: 18.6% (1,427 residents)

What is the racial and ethnic makeup of New Albany?

The racial and ethnic makeup of New Albany is as follows:
  • White: 60.6% (4,640 residents)
  • Black or African American: 27.3% (2,089 residents)
  • American Indian and Alaska Native: 1% (74 residents)
  • Asian: 0.6% (45 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 4.1% (317 residents)
  • Other: 6.5% (498 residents)

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

U.S.-born citizens represent 95.9% of the population in New Albany.

How many housing units are there in New Albany?

There are 3,620 housing units in New Albany, reflecting a +2.7% 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 2,851 households, with an average of 3 people in each.

What is the median household income in New Albany?

New Albany has a median household income of $51,332, representing a +10.9% 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 97.5% in New Albany, with a workforce of 3,156 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 70.8% (2,233 residents)
  • Blue-collar workers: 29.2% (923 residents)

Places of employment:
  • Self-employed: 8.2% (258 residents)
  • Private companies: 72.8% (2,297 residents)
  • Governmental workers: 12.6% (397 residents)
  • Not-for-profit companies: 6.5% (204 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