New Albany, Mississippi

Moving to or Living in New Albany Pros and Cons, Cost of Living, Crime Rate, Demographics

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

Explore the life in New Albany based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In New Albany
  2. Pros and Cons of Living In New Albany
  3. Crime In New Albany
  4. Cost of Living In New Albany
  5. Gender In New Albany
  6. Household Income For New Albany
  7. Education In New Albany
  8. Race & Ethnicity In New Albany
About New Albany, Mississippi
Is New Albany, Mississippi a good place to live?
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.

A high school education is a basic prerequisite for most jobs, and in New Albany, only 79% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Albany remained 2.2%, which is 53% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Albany, only 18% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in New Albany is 83, which is 17% lower than national average. 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.
Population
8723
Unemployment
2.2%
53% NAT AVG.
Poverty
11.5%
18% NAT AVG.
Overall Score
6
Median Home
$111200
52% NAT AVG.
Median Income
$41975
38% NAT AVG.
Median Rent
$743
36% NAT AVG.
Cost Of Living
83
17% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 45
People Earning < $10,000
1 in 18
People Earning < $50,000
57.3%
People with <= High School
1 in 2.1
People With Any Degree
1 in 3.1
Pros & Cons Overview

Jobs80%

Housing50%

Affordability70%

Safety60%

Amenities60%

Diversity90%

Education50%

Commute90%


Cost of Living
Expense New Albany Mississippi National Avg.
Services 90 95 100
Groceries 84 94 100
Health 79 90 100
Housing 68 64 100
Transportation 87 89 100
Utilities 88 97 100
Cost of Living
Gender
Gender New Albany Mississippi Country
Female 52.2% 51.6% 50.8%
Male 47.8% 48.4% 49.2%
Gender

Household Income


Income New Albany Mississippi Country
Less than $10,000 5.6% 9.4% 5.8%
$10,000 to $14,999 4.7% 6.7% 4.1%
$15,000 to $24,999 17.1% 12.3% 8.5%
$25,000 to $34,999 10.9% 11% 8.6%
$35,000 to $49,999 19% 13.5% 12.0%
$50,000 to $74,999 17.6% 17% 17.2%
$75,000 to $99,999 11.4% 11.4% 12.8%
$100,000 to $149,999 7.4% 11.2% 15.6%
$150,000 to $199,999 4.3% 4.1% 7.1%
$200,000 or more 2% 3.4% 8.3%
Education


Education New Albany Mississippi Country
< 9th Grade 6% 5% 5.0%
9-12th Grade 15% 10% 7.0%
High School or GED 27% 30% 27.0%
Other College 20% 22% 20.0%
Associate's Degree 14% 10% 9%
Bachelor's Degree 11% 14% 20.0%
Master's Degree 4% 6% 9.0%
Professional Degree 2% 2% 2.0%
Doctorate Degree 1% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity New Albany Mississippi Country
White 57.3% 56.4% 60.1%
African American 33.3% 37.5% 12.2%
American Indian 0% 0.4% 0.6%
Asian 0.1% 1% 5.6%
Hawaiian 0% 0% 0.2%
Other 0% 0.2% 0.3%
Multiracial 0.3% 1.3% 2.8%
Hispanic 9% 3.2% 18.2%
Race / Ethnicity