Indiana · Census place 52326
New Albany city, IN
Quick answer
New Albany city has 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.
- 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
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
Compare with nearby places
Places of similar size in Indiana.
- Lawrence city 49,284
- West Lafayette city 44,802
- Portage city 37,951
- Merrillville town 36,343
- Plainfield town 35,783
- Richmond city 35,551
- Valparaiso city 34,377
Keep going
More Indiana coverage.