New Albany, PA
Population 318 · Pennsylvania
About New Albany, PA
New Albany is a small community located in Pennsylvania with a population of 318 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,750 per year, which is 3% below the national median of $75,149. The median age of 28.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in New Albany features a median home value of $112,500, which is 54% below the national median of $244,900. This makes New Albany one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $924, 21% below the national average of $1,163/month. Of the 135 total housing units, 56% are owner-occupied (64 units) and 44% are renter-occupied (50 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in New Albany shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.9%, above the national average of 12.4%. Workers in New Albany have an average one-way commute time of 27.4 minutes.
Education & Demographics
7.0% of New Albany residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 2.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in New Albany, PA
Compared to national averages, New Albany has a median household income of $72,750 (3% below the national median of $75,149). Home values average $112,500, which is 54% below the national median. Monthly rent at $924 is 21% below the US average of $1,163. Within Pennsylvania, New Albany's income is 1% below the state average of $73,376, and home values are 41% below the state median of $190,903.
Why Live in New Albany, PA?
New Albany offers affordable housing with a median home value of $112,500, below the US average of $244,900, and rent that’s lower than the national average at $924/month.
Potential considerations include median household income ($72,750) that falls below the national average. However, New Albany’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Albany has a population of 318 with a median age of 28.3 years. Compare New Albany with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near New Albany
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| North Vandergrift | 317 | $34,583 | $47,300 | Compare |
| Sidman | 317 | $75,179 | $0 | Compare |
| Wyano | 320 | $59,167 | $161,100 | Compare |
| Blandburg | 315 | $73,036 | $109,100 | Compare |
| Greensboro | 315 | $41,250 | $82,900 | Compare |
| Heckscherville | 315 | $66,042 | $71,700 | Compare |
| Manns Choice | 315 | $53,125 | $92,800 | Compare |
| Numidia | 321 | $64,500 | $225,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare New Albany With Other Cities
Frequently Asked Questions about New Albany
What is the population of New Albany, PA?
The population of New Albany, PA is 318 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in New Albany?
The median household income in New Albany, PA is $72,750 per year, which is 3% below the national median of $75,149.
What is the median home value in New Albany?
The median home value in New Albany, PA is $112,500, which is 54% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Albany?
The median monthly rent in New Albany, PA is $924, which is 21% below the national average of $1,163/month.
What is the unemployment rate in New Albany?
The unemployment rate in New Albany, PA is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is New Albany, PA a good place to live?
New Albany offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 318 and a median age of 28.3, the city appeals to young professionals and families.
How educated is New Albany, PA?
7.0% of residents in New Albany aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in New Albany?
Key cost-of-living indicators for New Albany, PA: median home value is $112,500 (54% below national), median rent is $924/month, and median household income is $72,750. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Albany?
The poverty rate in New Albany, PA is 15.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is New Albany, PA?
New Albany's population is 0.0% White, 2.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.