Mississippi · Census place 51000
New Albany city, MS
Quick answer
New Albany city has 7,661 residents, ranking #50 of 427 places in Mississippi. Median household income is $46,276, the median home is worth $150,000 and median gross rent runs $956 a month.
- Population
- 7,661New Albany city residents
- Median household income
- $46,276Past 12 months, inflation adjusted
- Median home value
- $150,000Owner-occupied units
- Median gross rent
- $956Rent plus utilities, monthly
- Median age
- 38.1 yrsAll residents
- Homeownership rate
- 56.9%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 24.8% 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 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.5% of residents and 56.9% 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 Mississippi.
- Senatobia city 8,306
- Gulf Hills CDP 8,193
- St. Martin CDP 7,797
- Batesville city 7,432
- Richland city 7,250
- Waveland city 7,066
- Philadelphia city 7,030
Keep going
More Mississippi coverage.