Is New Albany, MS a Good Place to Live?
New Albany is a small town of 7,657 in Mississippi, with a median household income of $50,890 and a 1.0% unemployment rate. Its cost of living index is 91 (US average = 100), which is 9% below the national average.
Strengths: New Albany stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B-), short average commutes.
Trade-offs: No major red flags stand out in the available data. Whether New Albany is right for you depends on your priorities — the full breakdown is below.
All New Albany city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 91.4New Albany's overall cost of living index is 91.4, where 100 represents the US national average. Living in New Albany costs roughly 9% less than the average American city.
| Metric | New Albany, MS | National Avg |
|---|---|---|
| Median Home Value | $139,200 | $244,900 |
| Median Monthly Rent | $886 | $1,163 |
| Homeownership Rate | 54.0% | 65.9% |
| Median Household Income | $50,890 | $74,755 |
Crime & Safety
Very SafeNew Albany's violent crime rate is 77.6 per 100,000 residents — 80% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
New Albany is served primarily by NEW ALBANY PUBLIC SCHOOLS. The student-to-teacher ratio is 14.2:1 (better than the national average of ~16:1).
| Metric | New Albany, MS | National Avg |
|---|---|---|
| School District | NEW ALBANY PUBLIC SCHOOLS | — |
| Elementary Schools | 1 | — |
| Middle Schools | 1 | — |
| High Schools | 2 | — |
| Student/Teacher Ratio | 14.2:1 | 16:1 |
| Bachelor's Degree or Higher | 21.3% | 35.4% |
| High School Diploma or Higher | 79.9% | 91.1% |
Weather & Climate
New Albany sees average highs of 50.7°F in January and 89.7°F in July, with 57.6 inches of annual precipitation and 1.2 inches of snow per year.
| Metric | New Albany, MS |
|---|---|
| Average High — January | 50.7°F |
| Average High — July | 89.7°F |
| Annual Precipitation | 57.6" |
| Annual Snowfall | 1.2" |
Demographics
| Metric | New Albany, MS | National Avg |
|---|---|---|
| Population | 7,657 | — |
| Median Age | 38.1 | 38.9 |
| Unemployment Rate | 1.0% | 3.7% |
| Avg Commute Time | 17.8 min | 26 min |
| White (non-Hispanic) | 53.0% | 59.3% |
| Black or African American | 33.3% | 13.6% |
| Hispanic or Latino | 12.2% | 18.9% |
| Asian | 0.3% | 6.3% |
| Under 18 | 26.1% | 22.2% |
| 65 and over | 17.1% | 16.8% |
Nearby Cities
ZIP Codes in New Albany
New Albany, MS is covered by 1 ZIP code: