New Albany is a city in Indiana state in USA with a population of 36730 residents.. The poverty rate of New Albany is 17.5%, which is 25% higher than national average. The typical household in New Albany earns $49415 a year, compared to the national median of $67,500. Nearly 50.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in New Albany, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Albany remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Albany, only 23% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in New Albany is 91, which is 9% lower than national average. Median home value in New Albany is $128700 , which is 44% lower than national average. While median income in New Albany remained $49415, which is 27% lower than national average.