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New Albany city, Ohio Demographics & Population 2026

3rd Highest Income3rd highest median income in Ohio

As of 2026, New Albany city, Ohio has a total population of 10,524, the 180th largest city in Ohio, with a median household income of $232,524, which is 234% higher than the state average. The poverty rate is 1.8%.

Key Takeaways

New Albany city Quick Facts

Population 10,524
Median Household Income $232,524
Median Home Value $728,200
Poverty Rate 1.8%
Unemployment Rate 2.4%
Median Age 41.0 years
Homeownership Rate 89.2%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 78.9%
High School Graduation Rate 99.3%
Diversity Index 43/100
Population 10,524 180th of 1,264
Median Income $232,524 top 10%
Poverty Rate 1.8% 86% lower national
Median Home Value $728,200 top 10%

How New Albany city Compares

Economy & Housing

Employment

2.4% Unemployment Rate State: 4.9% | National: 5.2%
63.9% Labor Force Participation

Housing Overview

Owner 89.2%
Renter 10.8%
Affordability Index Affordable
3.1x home value to income ratio

People & Demographics

Diversity Index

43out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 39 | National average: 60

Education

New Albany city Rankings in Ohio

#180 Population of 1,264
#3 Median Income of 1,264
#12 Education of 1,264
#8 Home Value of 1,264

Cities Similar to New Albany city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Montgomery city10,816$148,438$505,80076.1%2.7%
Madeira city9,454$168,981$463,60071.8%2.3%
Oakwood city9,480$158,968$350,10075.1%3.2%
Wyoming city8,712$156,518$404,50070.9%1.6%
Powell city14,229$191,250$493,50076.2%1.5%

Population Overview

New Albany city is a small city located in Ohio. The total population is 10,524. It ranks as the 180th most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in New Albany city is 41.0 years. This is 4% higher than the state median of 39.6 years. With 32.9% of the population under 18, New Albany city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in New Albany city is $232,524. This is 234% higher than the state median of $69,680. Compared to the national median of $78,538, household income here is 196% higher. The poverty rate stands at 1.8%. This is 87% lower than the state poverty rate of 13.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.4%. This is 51% lower than the state rate of 4.9%. The median home value is $728,200. Housing costs are 266% higher than the state median of $199,200. The home-value-to-income ratio is 3.1x. 89.2% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 67.0%.

Race & Ethnicity

The largest racial or ethnic group in New Albany city is White (non-Hispanic), making up 73.7% of the population. Asian residents account for 9.4%. The Black or African American population (3.1%) is well below the state average of 12.1%. The Hispanic or Latino population is significantly higher than the state average (8.0% vs 4.6%). The Asian population is significantly higher than the state average (9.4% vs 2.4%).

Education

78.9% of residents aged 25 and older hold a bachelor's degree or higher. This places New Albany city in the top 10% of all cities in the state for educational attainment. This is 155% higher than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.3%. Notably, 32.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for New Albany city, Ohio 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 Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of New Albany city, Ohio?

New Albany city, Ohio has a population of 10,524 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in New Albany city is $232,524, which is 196% higher the national median of $78,538.

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

The poverty rate in New Albany city is 1.8%. This means approximately 183 residents live below the federal poverty line.

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

New Albany city's population is 73.7% White, 3.1% Black, 8.0% Hispanic/Latino, and 9.4% Asian.

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

The median home value in New Albany city is $728,200. The home-value-to-income ratio is 3.1x.

How educated is New Albany city, Ohio?

78.9% of adults (25+) in New Albany city hold a bachelor's degree or higher, and 32.7% hold a graduate or professional degree.