Is New Albany, OH a Good Place to Live?
New Albany is a small city of 10,516 in Ohio, with a median household income of $224,824 and a 2.2% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.
Strengths: New Albany stands out for an affordable cost of living, lower-than-average crime, solid school ratings (A), a well-educated population, short average commutes.
Trade-offs: Potential downsides include high home prices. 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: 94.5New Albany's overall cost of living index is 94.5, where 100 represents the US national average. Living in New Albany costs roughly 6% less than the average American city.
| Metric | New Albany, OH | National Avg |
|---|---|---|
| Median Home Value | $634,600 | $244,900 |
| Median Monthly Rent | $2,013 | $1,163 |
| Homeownership Rate | 91.5% | 65.9% |
| Median Household Income | $224,824 | $74,755 |
Crime & Safety
Very SafeNew Albany's violent crime rate is 96.3 per 100,000 residents — 75% 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-Plain Local. The student-to-teacher ratio is 16.8:1 (slightly above the national average of ~16:1).
| Metric | New Albany, OH | National Avg |
|---|---|---|
| School District | New Albany-Plain Local | — |
| Elementary Schools | 2 | — |
| Middle Schools | 2 | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 16.8:1 | 16:1 |
| Bachelor's Degree or Higher | 77.0% | 35.4% |
| High School Diploma or Higher | 98.5% | 91.1% |
Weather & Climate
New Albany sees average highs of 37.1°F in January and 85.4°F in July, with 44.4 inches of annual precipitation and 28.2 inches of snow per year.
| Metric | New Albany, OH |
|---|---|
| Average High — January | 37.1°F |
| Average High — July | 85.4°F |
| Annual Precipitation | 44.4" |
| Annual Snowfall | 28.2" |
Demographics
| Metric | New Albany, OH | National Avg |
|---|---|---|
| Population | 10,516 | — |
| Median Age | 40.9 | 38.9 |
| Unemployment Rate | 2.2% | 3.7% |
| Avg Commute Time | 24.6 min | 26 min |
| White (non-Hispanic) | 76.7% | 59.3% |
| Black or African American | 2.2% | 13.6% |
| Hispanic or Latino | 6.2% | 18.9% |
| Asian | 8.2% | 6.3% |
| Under 18 | 34.1% | 22.2% |
| 65 and over | 9.8% | 16.8% |
Nearby Cities
ZIP Codes in New Albany
New Albany, OH is covered by 1 ZIP code: