Pros and Cons of Living In New Albany, Mississippi. Is New Albany, MS a Nice Place To Live or Retire?

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New Albany, Mississippi

Moving to New Albany In Mississippi ? Is New Albany, MS a Nice Place To Live? Pros and Cons of Living in New Albany, Mississippi. Find out the best and worst about to live, raise a family or retire in New Albany.

DEMOGRAPHICS

Population
8723
Unemployment
2.2%
53% NAT AVG.
Poverty
11.5%
18% NAT AVG.
Cost Of Living
83
17% NAT AVG.

ECONOMICS

Median Home Cost
$111200
52% NAT AVG.
Median Income
$41975
38% NAT AVG.
Median Rent
$743
36% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 9
Unemployed People
1 in 45
People Earning < $10,000
1 in 18
People Earning < $50,000
57.3%
People With Any Degree
1 in 3.1

ETHNICITY

Ethnicity New Albany USA
White 57.3% 60.1%
African American 33.3% 12.2%
American Indian 0% 0.6%
Asian 0.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.3% 2.8%
Hispanic 9% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME New Albany USA
Less than $10,000 5.6% 5.8%
$10,000 to $14,999 4.7% 4.1%
$15,000 to $24,999 17.1% 8.5%
$25,000 to $34,999 10.9% 8.6%
$35,000 to $49,999 19% 12.0%
$50,000 to $74,999 17.6% 17.2%
$75,000 to $99,999 11.4% 12.8%
$100,000 to $149,999 7.4% 15.6%
$150,000 to $199,999 4.3% 7.1%

EDUCATION

Education New Albany USA
< 9th Grade 6% 5.0%
9-12th Grade 15% 7.0%
High School or GED 27% 27.0%
Other College 20% 20.0%
Associate's Degree 14% 9%
Bachelor's Degree 11% 20.0%
Master's Degree 4% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
New Albany is a city in Mississippi state in USA with a population of 8723 residents.. The poverty rate of New Albany is 11.5%, which is 18% lower than national average. The typical household in New Albany earns $41975 a year, compared to the national median of $67,500. Nearly 57.3% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of New Albany remained 2.2%, which is 53% lower than national rate.

Cost of living in New Albany is 83, which is 17% lower than national average. In New Albany, only 18% of adults have a bachelor's degree and 34% have some college but no degree. Median home value in New Albany is $111200 , which is 52% lower than national average. While median income in New Albany remained $41975, which is 38% lower than national average.
New Albany Scorecard

Jobs80%

Housing50%

Affordability70%

Safety60%

Amenities60%

Diversity90%

Education50%

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