New Albany, OH
REAL ESTATE & DEMOGRAPHIC DATA






New Albany profile


Living in New Albany


New Albany is a somewhat small city located in the state of Ohio. With a population of 10,825 people and two constituent neighborhoods, New Albany is the 169th largest community in Ohio. New Albany has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in New Albany, where the median household income is $200,580.00.

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 city, with fully 94.85% of the workforce employed in white-collar jobs, well above the national average. Overall, New Albany is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in New Albany who work in management occupations (23.52%), sales jobs (14.49%), and healthcare (13.64%).

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.

Telecommuters are a relatively large percentage of the workforce: 11.81% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

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 city’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.

If knowledge is power, New Albany is a pretty powerful place. 75.52% of the adults in New Albany have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in New Albany in 2018 was $78,957, which is wealthy relative to Ohio and the nation. This equates to an annual income of $315,828 for a family of four.

New Albany is a very ethnically-diverse city. 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 Black or African-American. Important ancestries of people in New Albany include German, Irish, English, Italian, and Polish.

The most common language spoken in New Albany is English. Other important languages spoken here include Spanish and Langs. of India.


Real Estate in Popular New Albany Neighborhoods

Zip Codes in New Albany, OH