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New Albany has a population of approximately 37,350 and experiences a population change rate of -0.67%. The population density is 2,500.3 / sq mi .
The median household income for New Albany is $49,429, with 15,390 households and an average household size of 2.36.
The median value of a home in New Albany is $195,900 with an appreciation rate of 15.20%. 48.59% of housing in the state is owned while 36.09% is rented.
The cost of living in New Albany is 88.3 %.
The unemployment rate in New Albany is 2.40%, and recent job growth is at 1.21%. Future job growth is projected at 41.72%.
The sales tax rate in New Albany is 7.00%, while the income tax rate is 3.23% .
School expenditures in New Albany are $13,799, and the school ratio is 15.2:1.
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 25.9 degrees. The average rainfall is approximately 44.5 inches per year, with 7.8 inches of snow per year.