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New Albany city, Indiana Demographics & Population 2026

As of 2026, New Albany city, Indiana has a total population of 37,589, the 25th largest city in Indiana, with a median household income of $54,152, which is 23% lower than the state average. The poverty rate is 18.4%.

New Albany city Quick Facts

Population 37,589
Median Household Income $54,152
Median Home Value $169,600
Poverty Rate 18.4%
Unemployment Rate 5.3%
Median Age 38.0 years
Homeownership Rate 55.9%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 22.8%
High School Graduation Rate 89.6%
Diversity Index 34/100
Population 37,589 25th of 967
Median Income $54,152 below average
Poverty Rate 18.4% 48% higher national
Median Home Value $169,600 above average

How New Albany city Compares

Economy & Housing

Employment

5.3% Unemployment Rate State: 4.3% | National: 5.2%
61.2% Labor Force Participation

Housing Overview

Owner 55.9%
Renter 44.1%
Affordability Index Affordable
3.1x home value to income ratio

People & Demographics

Diversity Index

34out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

New Albany city Rankings in Indiana

#25 Population of 967
#557 Median Income of 967
#253 Education of 967
#275 Home Value of 967

Cities Similar to New Albany city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Goshen city34,374$55,436$175,20023.2%18.1%
Merrillville town36,343$64,791$194,00025.2%13.7%
Richmond city35,551$46,395$107,60020.6%23.2%
Portage city37,951$72,833$210,80016.0%11.2%
Michigan City city31,894$52,979$129,00018.8%19.3%

Population Overview

New Albany city is a mid-sized community located in Indiana. The total population is 37,589. It ranks as the 25th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in New Albany city is 38.0 years. This is about average than the state median of 38.0 years.

Economy, Income & Housing

The median household income in New Albany city is $54,152. This is 23% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 31% lower. The poverty rate stands at 18.4%. This is 51% higher than the state poverty rate of 12.2%. The unemployment rate is 5.3%. This is 23% higher than the state rate of 4.3%. The median home value is $169,600. Housing costs are 16% lower than the state median of $201,600. The home-value-to-income ratio is 3.1x. 55.9% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in New Albany city is White (non-Hispanic), making up 80.0% of the population. Black or African American residents account for 8.3%. The Asian population (1.2%) is well below the state average of 2.5%.

Education

22.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 21% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.6%.

Data Sources & Methodology

All demographic data for New Albany city, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of New Albany city, Indiana?

New Albany city, Indiana has a population of 37,589 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Albany city, IN?

The median household income in New Albany city is $54,152, which is 31% lower the national median of $78,538.

What is the poverty rate in New Albany city, IN?

The poverty rate in New Albany city is 18.4%. This means approximately 6,710 residents live below the federal poverty line.

What is the racial makeup of New Albany city, Indiana?

New Albany city's population is 80.0% White, 8.3% Black, 5.4% Hispanic/Latino, and 1.2% Asian.

What is the median home value in New Albany city, IN?

The median home value in New Albany city is $169,600. The home-value-to-income ratio is 3.1x.

How educated is New Albany city, Indiana?

22.8% of adults (25+) in New Albany city hold a bachelor's degree or higher, and 8.9% hold a graduate or professional degree.