New Albany, OH
Population 10,524 · Ohio
About New Albany, OH
New Albany is a mid-sized city in Ohio with a population of 10,524 residents. The median household income is $232,524 per year, which is above the national average. The median age in New Albany is 41 years.
Housing in New Albany has a median home value of $728,200 and median monthly rent of $2,134. Of the 3,696 total housing units, the majority are owner-occupied, with 3,119 owner-occupied and 376 renter-occupied units.
The unemployment rate in New Albany is 2.4% and the poverty rate is 1.8%. 78.9% of residents hold a bachelor's degree or higher. The average commute time is 23.3 minutes.
How New Albany Ranks in Ohio
Cost of Living in New Albany, OH
Compared to national averages, New Albany has a median household income of $232,524 (209% above the national median of $75,149). Home values average $728,200, which is 197% above the national median. Monthly rent at $2,134 is 83% above the US average of $1,163. Within Ohio, New Albany's income is 224% above the state average of $71,814, and home values are 317% above the state median of $174,449.
Why Live in New Albany, OH?
New Albany offers a strong local economy with a median household income of $232,524, well above the national average, and a strong job market with an unemployment rate of just 2.4%, and a well-educated community where 78.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.8%, better than the national average, and short commute times averaging just 23.3 minutes.
Potential considerations include a competitive housing market where the typical home costs $728,200. However, New Albany’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Albany has a population of 10,524 with a median age of 41 years. Compare New Albany with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near New Albany
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Heath | 10,545 | $74,773 | $215,000 | Compare |
| Reading | 10,490 | $60,167 | $184,200 | Compare |
| Ironton | 10,585 | $45,694 | $112,400 | Compare |
| Vermilion | 10,451 | $73,052 | $172,000 | Compare |
| London | 10,403 | $60,364 | $194,800 | Compare |
| Richmond Heights | 10,677 | $56,734 | $176,100 | Compare |
| Galion | 10,358 | $45,377 | $100,900 | Compare |
| Tipp City | 10,344 | $85,081 | $237,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Albany
What is the population of New Albany, OH?
The population of New Albany, OH is 10,524 according to the latest Census data.
What is the median household income in New Albany?
The median household income in New Albany, OH is $232,524 per year.
What is the median home value in New Albany?
The median home value in New Albany, OH is $728,200.
What is the average rent in New Albany?
The median monthly rent in New Albany, OH is $2,134.
What is the unemployment rate in New Albany?
The unemployment rate in New Albany, OH is 2.4%.