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New Albany, Mississippi Demographics & Population 2026

During the 2020–2024 ACS period, New Albany, Mississippi had a total population of 7,663, the 50th largest city in Mississippi, with a median household income of $51,332, which is 9% lower than the state average. The poverty rate is 14.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

New Albany Quick Facts

Population 7,663
Median Household Income $51,332
Median Home Value $161,400
Poverty Rate 14.8%
Unemployment Rate 2.5%
Median Age 38.4 years
Homeownership Rate 61.7%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 25.8%
High School Graduation Rate 85.5%
Diversity Index 56/100
Population 7,663 50th of 420
Median Income $51,332 average
Poverty Rate 14.8% 19% higher than national
Median Home Value $161,400 top 30%

How New Albany Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,6617,663+0.0%
Median household income$46,276$51,332+10.9%
Median home value$150,000$161,400+7.6%

How New Albany Compares

Economy & Housing

Household Income Distribution

Under $25K 20.2%
$25K-$50K 28.1%
$50K-$100K 29.6%
$100K+ 22.1%
Detailed income brackets
Under $10K
4.5%
$10K-$15K
5.1%
$15K-$20K
6.3%
$20K-$25K
4.2%
$25K-$30K
2.9%
$30K-$35K
4.6%
$35K-$40K
7.1%
$40K-$45K
3.3%
$45K-$50K
10.1%
$50K-$60K
9.4%
$60K-$75K
10.4%
$75K-$100K
9.8%
$100K-$125K
7.3%
$125K-$150K
6.4%
$150K-$200K
4.7%
$200K+
3.8%

Employment

2.5% Unemployment Rate State: 5.8%|National: 5.2%
54.1% Labor Force Participation

Housing Overview

Owner 61.7%
Renter 38.3%
Affordability Index Affordable
3.1x home value to income ratio
Median gross rent $973/mo 22.7% of median household income annually

People & Demographics

Diversity Index

56out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 56 | National average: 61

Education

New Albany Rankings in Mississippi

#50 Population of 420
#145 Median Income of 349
#100 Education of 419
#103 Home Value of 354

Other Cities in Union County

CityPopulationMedian IncomePovertyHome Value
Myrtle 771 $65,833 18.6% $158,600
Blue Springs 268 $44,286 15.2% $158,300

Cities Similar to New Albany

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Batesville7,387$51,727$222,40029.9%21.9%
St. Martin8,139$55,000$172,40017.3%17.2%
Philadelphia6,996$50,788$97,30025.9%25.6%
Senatobia8,380$54,167$212,10029.0%26.4%
Richland7,346$66,558$125,80020.5%12.7%

Population Overview

New Albany is a small city located in Mississippi, within Union County. The total population is 7,663. It ranks as the 50th most populous out of 420 Census-designated places in Mississippi.

Age Demographics

The median age in New Albany is 38.4 years. This is about the same as the state median of 38.6 years.

Economy, Income & Housing

The median household income in New Albany is $51,332. This is 9% lower than the state median of $56,447. It is also 36% lower than the national median of $80,734. The poverty rate stands at 14.8%. This is 22% lower than the state poverty rate of 18.9%. The unemployment rate is 2.5%. This is 57% lower than the state rate of 5.8%. The median home value is $161,400. Housing costs are 5% lower than the state median of $169,800. The home-value-to-income ratio is 3.1x. 61.7% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 70.0%.

Race & Ethnicity

The largest racial or ethnic group in New Albany is White (non-Hispanic), making up 60.2% of the population. Black or African American residents account for 27.3%. The Hispanic or Latino population is significantly higher than the state average (7.7% vs 3.7%).

Education

25.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% higher than the state rate of 25.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.5%.

Data Sources & Methodology

All demographic data for New Albany, Mississippi is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 420 Census-designated places in Mississippi. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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

Frequently Asked Questions

What is the population of New Albany, Mississippi?

New Albany, Mississippi has a population of 7,663 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Albany, MS?

The median household income in New Albany is $51,332, which is 36% lower than the national median of $80,734.

What is the poverty rate in New Albany, MS?

The poverty rate in New Albany is 14.8%. This means approximately 1,103 residents live below the federal poverty line.

What is the racial makeup of New Albany, Mississippi?

New Albany's population is 60.2% White, 27.3% Black, 7.7% Hispanic/Latino, and 0.6% Asian.

What is the median home value in New Albany, MS?

The median home value in New Albany is $161,400. The home-value-to-income ratio is 3.1x.

How educated is New Albany, Mississippi?

25.8% of adults (25+) in New Albany hold a bachelor's degree or higher, and 11.7% hold a graduate or professional degree.