New Albany is a medium-sized city located in the state of Ohio. With a population of 11,335 people and two associated neighborhoods, New Albany is the 169th largest community in Ohio. Much of the housing stock in New Albany was built relatively recently. The construction of new real estate can often be taken as an indication that the local New Albany economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in New Albany, where the median household income is $232,524.00. 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 city, with fully 97.23% of the workforce employed in white-collar jobs, well above the national average. Overall, New Albany is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in New Albany who work in management occupations (25.70%), healthcare (14.05%), and business and financial occupations (11.90%). 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. Of important note, New Albany is also a city of artists. New Albany has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape New Albany’s character. A relatively large number of people in New Albany telecommute to their jobs. Overall, about 23.84% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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. Because of many things, New Albany is a great place for families with children to consider. First of all, many other families with children live here, making New Albany a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, New Albany has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, New Albany’s overall crime rate is lower than average for the country.Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New Albany. 78.89% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in New Albany in 2022 was $111,494, which is wealthy relative to Ohio and the nation. This equates to an annual income of $445,976 for a family of four. New Albany is a very ethnically-diverse city. 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 Asian. Important ancestries of people in New Albany include German, English, Irish, Italian, and Polish. The most common language spoken in New Albany is English. Other important languages spoken here include Spanish and Langs. of India.
