New Albany is a somewhat small village located in the state of Ohio. With a population of 9,879 people and two constituent neighborhoods, New Albany is the 202nd largest community in Ohio. Much of the housing stock in New Albany was built relatively recently. The construction of new real estate can often be taken as an indication that the local New Albany economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in New Albany, where the median household income is $179,405.00.
New Albany home prices are not only among the most expensive in Ohio, but New Albany real estate also consistently ranks among the most expensive in America.
New Albany is a decidedly white-collar village, with fully 91.41% of the workforce employed in white-collar jobs, well above the national average. Overall, New Albany is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in New Albany who work in management occupations (26.60%), business and financial occupations (12.91%), and sales jobs (10.66%).
Also of interest is that New Albany has more people living here who work in computers and math than 95% of the places in the US.
In addition, New Albany is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, New Albany is a great place for families with children to consider. First of all, many other families with children live here, making New Albany a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, New Albany has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, New Albany’s overall crime rate is lower than average for the country.
New Albany is a small village, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New Albany. 76.22% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in New Albany in 2010 was $78,875, which is wealthy relative to Ohio and the nation. This equates to an annual income of $315,500 for a family of four.
New Albany is a somewhat ethnically-diverse village. The people who call New Albany home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Albany residents report their race to be White, followed by Asian. Important ancestries of people in New Albany include Irish, Italian, English, and Polish.
The most common language spoken in New Albany is English. Other important languages spoken here include Spanish and Gujarathi.