What is the population of New Albany city?

New Albany city has 37,589 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #25 of 976 in Indiana.

What is the median household income in New Albany city?

Median household income in New Albany city is $54,152 a year, 31% below the national figure of $78,538.

How much does it cost to rent or buy in New Albany city?

Median gross rent is $971 a month and the median home value is $169,600, so rent absorbs about 21.5% of median household income.

Is New Albany city affordable compared with the rest of the US?

Homes cost about 3.1× the local median income here versus roughly 3.9× nationally, so New Albany city is more affordable to buy in than the typical US market, and rent takes 21.5% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Indiana · Census place 52326

New Albany, IN population, income and ZIP codes

Quick answer

The population of the city of New Albany, Indiana (New Albany, IN — Census place “New Albany city”) is 37,589 residents, ranking #25 of 976 places in Indiana. Median household income is $54,152, the median home is worth $169,600 and median gross rent runs $971 a month. Looking for the New Albany Indiana ZIP code list? 1 ZIP codes serve New Albany, IN: 47150.

Population: 37,589New Albany city residents
Median household income: $54,152Past 12 months, inflation adjusted
Median home value: $169,600Owner-occupied units
Median gross rent: $971Rent plus utilities, monthly
Median age: 38 yrsAll residents
Homeownership rate: 55.9%Owner-occupied households

New Albany ZIP codes (Indiana)

Census ZCTAs whose delivery area overlaps New Albany.

The New Albany IN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

47150

What the numbers mean in New Albany city

Housing cost measured against local earnings.

A household earning the New Albany city median would spend about 21.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.4% of residents and 55.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

New Albany city, IN in context

How this area compares with national benchmarks.

New Albany city is a small city in Indiana, with 37,589 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #25 of 976 ranked by population — larger than 97% of them. The median age here is 38 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in New Albany city earn a median of $54,152 a year, 31% below the national figure of $78,538 and 12% below the $61,527 median for the 355 Indiana cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 18.4% of residents here, above the 12.4% national rate.

The typical owner-occupied home in New Albany city is valued at $169,600, 44.1% below the national figure and 16% above the $145,600 peer median, while median gross rent runs $971 a month, 30.9% below the national figure, or roughly $11,652 across a full year. A household on the local median income would put about 21.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.1×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 55.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Indiana.

More Indiana coverage.

Frequently asked questions

Common questions about this area.

What is the population of New Albany city?: New Albany city has 37,589 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #25 of 976 in Indiana.
What is the median household income in New Albany city?: Median household income in New Albany city is $54,152 a year, 31% below the national figure of $78,538.
How much does it cost to rent or buy in New Albany city?: Median gross rent is $971 a month and the median home value is $169,600, so rent absorbs about 21.5% of median household income.
Is New Albany city affordable compared with the rest of the US?: Homes cost about 3.1× the local median income here versus roughly 3.9× nationally, so New Albany city is more affordable to buy in than the typical US market, and rent takes 21.5% of median income against the 30% cost-burden line.
How current is this New Albany city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.