New Albany is a somewhat small city located in the state of Ohio. With a population of 11,043 people and two associated neighborhoods, New Albany is the 169th largest community in Ohio. There's nothing like the smell of a brand new house, and in New Albany, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to New Albany, and putting down their money on brand new construction. New Albany’s real estate is, on average, some of the newest in the nation. New Albany does seem to be experiencing an influx of affluent people, because the median household income is $224,824.00.
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.
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 19.12% 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 city’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.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New Albany. 77.00% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in New Albany in 2018 was $107,761, which is wealthy relative to Ohio and the nation. This equates to an annual income of $431,044 for a family of four.
New Albany is a very ethnically-diverse city. 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 German, English, Irish, Italian, and Polish.
The most common language spoken in New Albany is English. Other important languages spoken here include Spanish and Langs. of India.