Population 48,118 · Census ACS 2020–24
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Population and households in New Albany
Household size in New Albany
| Period | New Albany | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.38 | 2.51 | 2.57 | 2.68 |
| 2010–14 | 2.44 | 2.55 | 2.59 | 2.73 |
| 2015–19 | 2.48 | 2.55 | 2.57 | 2.71 |
| 2020–24 | 2.35 | 2.50 | 2.54 | 2.65 |
| Change | −0.03 | −0.01 | −0.03 | −0.03 |
Households in New Albany are small: just 2.35 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has edged down from 2.38 in 2006–10, in line with the national trend.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in New Albany
| Period | New Albany | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 39.2 | 38.5 | 37.5 | 37.7 |
| 2010–14 | 39.5 | 39.4 | 38.4 | 38.6 |
| 2015–19 | 39.5 | 40.0 | 39.1 | 39.6 |
| 2020–24 | 40.0 | 40.2 | 39.3 | 40.1 |
| Change | +0.8 | +1.7 | +1.7 | +2.3 |
Half of the people in New Albany are younger than 40.0 and half are older, close to the national median of 40.1. The median age has crept up from 39.2 in 2006–10, as it has nationally. The youngest areas are in the northwest, the oldest in the southwest.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in New Albany
| Period | New Albany | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.9% | 12.6% | 11.8% | 12.3% |
| 2010–14 | 14.5% | 12.6% | 12.0% | 12.3% |
| 2015–19 | 14.7% | 11.6% | 11.6% | 11.6% |
| 2020–24 | 11.4% | 12.4% | 11.7% | 11.6% |
| Change | −4.5 pts | −0.2 pts | −0.1 pts | −0.6 pts |
Single parents head nearly one in eight households in New Albany (11.4%), close to the national share of 11.6%. Since 2006–10, the single-parent share has fallen 4.5 points, a much bigger shift than nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in New Albany
Renters in New Albany
| Period | New Albany | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.5% | 30.5% | 28.5% | 33.3% |
| 2010–14 | 38.4% | 32.3% | 30.5% | 35.6% |
| 2015–19 | 38.0% | 32.5% | 30.9% | 36.0% |
| 2020–24 | 37.9% | 31.1% | 29.4% | 34.8% |
| Change | +1.4 pts | +0.6 pts | +1.0 pts | +1.5 pts |
Renting is a bit more common in New Albany than nationally: 37.9% of households rent their homes, against 34.8% for the U.S. Just over a third of owners (34.5%) have paid off their mortgages, below the national share of 39.8%. The renter share has edged up 1.4 points since 2006–10, in line with the national trend. Of the 187 Indiana cities with 5,000+ people, only 15 have a higher share of renters.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in New Albany
| Period | New Albany | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.8% | 9.8% | 11.2% | 11.4% |
| 2010–14 | 11.6% | 9.8% | 11.2% | 11.4% |
| 2015–19 | 12.4% | 9.8% | 10.9% | 11.1% |
| 2020–24 | 9.6% | 7.9% | 9.3% | 9.6% |
| Change | −0.2 pts | −1.9 pts | −2.0 pts | −1.8 pts |
Vacancy in New Albany is the same as the national rate: 9.6% of homes are empty. The rate is higher than in the Louisville area as a whole (7.9%).
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in New Albany
| Period | New Albany | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 1965 | 1975 | 1972 | 1974 |
| 2010–14 | 1967 | 1976 | 1973 | 1975 |
| 2015–19 | 1967 | 1976 | 1974 | 1977 |
| 2020–24 | 1969 | 1980 | 1977 | 1980 |
| Change | +4 | +5 | +5 | +6 |
New Albany is a place of older homes: half were built before 1969, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. The median year built has moved up from 1965 in 2006–10, a sign of steady new building.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in New Albany
| Period | New Albany | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | $763 | $769 | $763 | $965 |
| 2010–14 | $730 | $826 | $819 | $1,040 |
| 2015–19 | $849 | $928 | $903 | $1,213 |
| 2020–24 | $1,086 | $1,200 | $1,146 | $1,571 |
| Change | +$323 | +$431 | +$384 | +$606 |
A typical rental in New Albany costs $1,086 a month with utilities, well below the national median of $1,571. Rent has climbed $323 a month since 2006–10, up 42%, a slower climb than the nation's. Rent takes 28.4% of the typical renter's income, just under the 30% mark often used to define affordable rent. The priciest rents are in the northeast; the most affordable are in the center.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in New Albany
Bachelor's degrees in New Albany
| Period | New Albany | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 19.2% | 24.9% | 23.8% | 28.4% |
| 2010–14 | 20.1% | 26.7% | 24.6% | 29.6% |
| 2015–19 | 25.4% | 29.0% | 27.1% | 32.1% |
| 2020–24 | 28.2% | 32.8% | 30.0% | 35.6% |
| Change | +9.0 pts | +7.9 pts | +6.2 pts | +7.2 pts |
College degrees are less common in New Albany than nationally: 28.2% of adults 25 and older have a bachelor's or higher, against 35.6%. Since 2006–10, the share with a degree has risen 9.0 points, in line with the national trend. College graduates are most concentrated in the northeast and least in the center.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in New Albany
| Period | New Albany | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 83.7% | 86.4% | 86.5% | 84.9% |
| 2010–14 | 85.1% | 87.8% | 87.7% | 86.1% |
| 2015–19 | 87.8% | 90.1% | 88.7% | 87.7% |
| 2020–24 | 90.5% | 91.1% | 89.9% | 89.3% |
| Change | +6.8 pts | +4.7 pts | +3.4 pts | +4.3 pts |
High school completion in New Albany is close to the national rate: 90.5% of adults have a diploma or equivalent, against 89.3%. The share with a diploma is up 6.8 points from 2006–10, in line with the national trend.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in New Albany
| Period | New Albany | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.2% | 8.4% | 8.4% | 8.1% |
| 2010–14 | 10.2% | 9.1% | 8.9% | 9.4% |
| 2015–19 | 4.2% | 5.2% | 4.9% | 5.6% |
| 2020–24 | 4.8% | 4.8% | 4.3% | 5.4% |
| Change | −4.4 pts | −3.6 pts | −4.1 pts | −2.7 pts |
At 4.8%, unemployment in New Albany is close to the national rate of 5.4%. Unemployment has fallen 4.4 points since 2006–10, in line with the national trend. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
New Albany compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| New Albany | 2.35 | 40.0 | 11.4% | 37.9% | 9.6% | 1969 | $1,086 | 28.2% | 90.5% | 4.8% |
| Clarksville | 2.25 | 40.0 | 13.6% | 42.4% | 9.0% | 1969 | $1,134 | 18.3% | 84.4% | 6.6% |
| Floyds Knobs | 2.81 | 43.4 | 6.0% | 5.2% | 9.4% | 1991 | $1,034 | 46.0% | 97.6% | 3.2% |
| Jeffersonville | 2.31 | 40.7 | 13.2% | 28.3% | 8.5% | 1983 | $1,137 | 28.7% | 91.8% | 4.3% |
| Sellersburg | 2.60 | 43.5 | 9.6% | 17.9% | 6.6% | 1995 | $1,416 | 38.5% | 92.3% | 2.7% |
| Edwardsville | 2.99 | 39.1 | 6.4% | 7.8% | 9.9% | 1992 | $933 | 32.5% | 95.1% | 4.2% |
| Speed | 2.88 | 36.3 | 3.8% | 8.7% | 5.1% | 2002 | $1,185 | 35.7% | 94.8% | 2.6% |
| Georgetown | 2.84 | 40.7 | 11.9% | 11.4% | 6.4% | 1994 | $951 | 34.5% | 95.4% | 4.1% |
| Carwood | 2.29 | 46.2 | 6.8% | 0.0% | 15.0% | 1984 | $1,402 | 40.2% | 96.6% | 0.0% |
| Galena | 2.86 | 44.9 | 13.2% | 1.1% | 8.6% | 1992 | $988 | 29.2% | 95.3% | 2.9% |
| Parkway Village | 2.35 | 37.4 | 6.1% | 14.6% | 3.4% | 1947 | $1,627 | 41.9% | 95.0% | 3.2% |
All figures 2020–24.
Cities with similar populations: East Brunswick, NJ · Rio Grande, PR · Rowland Heights, CA · Prescott Valley, AZ · Spring Hill, TN · West Orange, NJ · Zanesville, OH · Elmhurst, IL · El Centro, CA · East Honolulu, HI
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up New Albany. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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