New Albany is a somewhat small village located in the state of Ohio. With a population of 10,933 people and two constituent neighborhoods, New Albany is the 202nd largest community in Ohio. New Albany has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in New Albany, where the median household income is $203,409.00.
New Albany home prices are not only among the most expensive in Ohio, but New Albany real estate also consistently ranks among the most expensive in America.
New Albany is a decidedly white-collar village, with fully 94.93% of the workforce employed in white-collar jobs, well above the national average. Overall, New Albany is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in New Albany who work in management occupations (21.13%), sales jobs (15.53%), and healthcare (15.33%).
Also of interest is that New Albany has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.14% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, New Albany is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
New Albany is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, New Albany’s overall crime rate is lower than average for the country.
As is often the case in a small village, New Albany doesn't have a public transportation system that people use for their commute.
Do you like to read, write and learn? If you move to New Albany, you'll likely find that many of your neighbors like to as well. New Albany is one of the more educated communities in America, with a full 78.51% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in New Albany in 2018 was $79,418, which is wealthy relative to Ohio and the nation. This equates to an annual income of $317,672 for a family of four.
New Albany is a very ethnically-diverse village. The people who call New Albany home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Albany residents report their race to be White, followed by Black or African-American. Important ancestries of people in New Albany include German, Irish, English, Italian, and Polish.
The most common language spoken in New Albany is English. Other important languages spoken here include Spanish and Langs. of India.