New Albany is a somewhat small village located in the state of Ohio. With a population of 10,718 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 $187,200.00.
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 94.52% of the workforce employed in white-collar jobs, well above the national average. Overall, New Albany is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in New Albany who work in management occupations (22.63%), sales jobs (14.62%), and healthcare (12.12%).
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 educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
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.
As is often the case in a small village, New Albany doesn't have a public transportation system that people use for their commute.
Do you like to read, write and learn? If you move to New Albany, you'll likely find that many of your neighbors like to as well. New Albany is one of the more educated communities in America, with a full 76.15% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in New Albany in 2010 was $76,811, which is wealthy relative to Ohio and the nation. This equates to an annual income of $307,244 for a family of four.
New Albany is a very 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 Black or African-American. Important ancestries of people in New Albany include German, Irish, English, Italian, and Welsh.
The most common language spoken in New Albany is English. Other important languages spoken here include Langs. of India and Spanish.