New Albany is a somewhat small village located in the state of Ohio. With a population of 10,360 people and two constituent neighborhoods, New Albany is the 202nd 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 $191,375.00.
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 93.25% 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 (22.69%), sales jobs (14.95%), and healthcare (9.76%).
Of important note, New Albany is also a village of artists. New Albany has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape New Albany’s character.
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.
A relatively large number of people in New Albany telecommute to their jobs. Overall, about 7.48% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
New Albany is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, New Albany’s overall crime rate is lower than average for the country.
New Albany is very much a car-oriented village. This is because the population of New Albany isn't large enough or dense enough to support an extensive public transit system. It has a lot of rural roads, and the distance between houses can be quite large, which together tends to discourage walking and bicycling to work. 94.16% of residents commute to work in their own car (and the drive is typically to a job out of town). People also tend to drive out of town for other services as well, such as shopping, doctors appointments, and more.
As is often the case in a small village, New Albany doesn't have a public transportation system that people use for their commute.
If knowledge is power, New Albany is a pretty powerful place. 77.02% 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 2010 was $73,900, which is wealthy relative to Ohio and the nation. This equates to an annual income of $295,600 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, 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.