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New Albany, Ohio Demographics & Population 2026

Highest IncomeHighest median household income in Ohio

During the 2020–2024 ACS period, New Albany, Ohio had a total population of 10,896, the 171st largest city in Ohio, with a median household income of $238,250, which is 234% higher than the state average. The poverty rate is 1.4%.

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

Key Takeaways

New Albany Quick Facts

Population 10,896
Median Household Income $238,250
Median Home Value $772,100
Poverty Rate 1.4%
Unemployment Rate 0.9%
Median Age 42.5 years
Homeownership Rate 88.7%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 79.4%
High School Graduation Rate 99.2%
Diversity Index 43/100
Population 10,896 171st of 1,264
Median Income $238,250 top 10%
Poverty Rate 1.4% 89% lower than national
Median Home Value $772,100 top 10%

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
Population10,52410,896+3.5%
Median household income$232,524$238,250+2.5%
Median home value$728,200$772,100+6.0%

How New Albany Compares

Economy & Housing

Household Income Distribution

Under $25K 2.5%
$25K-$50K 2.6%
$50K-$100K 8.0%
$100K+ 86.9%
Detailed income brackets
Under $10K
0.7%
$10K-$15K
0.3%
$15K-$20K
0.0%
$20K-$25K
1.6%
$25K-$30K
0.4%
$30K-$35K
1.1%
$35K-$40K
0.7%
$40K-$45K
0.0%
$45K-$50K
0.4%
$50K-$60K
0.9%
$60K-$75K
3.8%
$75K-$100K
3.3%
$100K-$125K
8.2%
$125K-$150K
6.2%
$150K-$200K
11.3%
$200K+
61.2%

Employment

0.9% Unemployment Rate State: 4.8%|National: 5.2%
65.1% Labor Force Participation

Housing Overview

Owner 88.7%
Renter 11.3%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $2,355/mo 11.9% of median household income annually

People & Demographics

Diversity Index

43out of 100
Moderate Diversity

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

State average: 41 | National average: 61

Education

New Albany Rankings in Ohio

#171 Population of 1,264
#2 Median Income of 1,191
#13 Education of 1,264
#5 Home Value of 1,206

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Columbus 914,802 $66,082 18.1% $252,900
Dublin 49,294 $160,296 3.2% $563,500
Grove City 42,517 $93,161 6.4% $310,400
Reynoldsburg 41,224 $72,972 12.0% $244,300
Westerville 38,645 $109,404 5.6% $374,500
Hilliard 38,033 $128,189 5.8% $385,100
Upper Arlington 36,293 $155,167 3.3% $595,600
Gahanna 35,486 $109,061 5.6% $350,900
Pickerington 24,477 $111,833 3.6% $339,600
Whitehall 20,019 $51,759 16.4% $159,600

Cities Similar to New Albany

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Montgomery10,855$150,995$545,10073.5%3.3%
Madeira9,484$167,653$484,20074.7%2.5%
Oakwood9,458$156,667$370,10074.5%2.7%
Canal Winchester10,170$131,209$336,10045.6%4.5%
Powell14,451$195,495$561,50078.1%1.1%

Population Overview

New Albany is a small city located in Ohio, within Franklin County. The total population is 10,896. It ranks as the 171st most populous out of 1,264 Census-designated places in Ohio.

Age Demographics

The median age in New Albany is 42.5 years. This is 7% higher than the state median of 39.7 years. With 30.9% of the population under 18, New Albany has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in New Albany is $238,250. This is 234% higher than the state median of $71,389. It is also 195% higher than the national median of $80,734. The poverty rate stands at 1.4%. This is 89% lower than the state poverty rate of 13.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.9%. This is 81% lower than the state rate of 4.8%. The median home value is $772,100. Housing costs are 259% higher than the state median of $214,800. The home-value-to-income ratio is 3.2x. 88.7% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 67.2%.

Race & Ethnicity

The largest racial or ethnic group in New Albany is White (non-Hispanic), making up 74.6% of the population. Asian residents account for 9.7%. The Black or African American population (4.3%) is well below the state average of 12.0%. The Asian population is significantly higher than the state average (9.7% vs 2.5%).

Education

79.4% of residents aged 25 and older hold a bachelor's degree or higher. This places New Albany in the top 10% of all cities in the state for educational attainment. This is 152% higher than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.2%. Notably, 37.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for New Albany, Ohio 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 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of New Albany, Ohio?

New Albany, Ohio has a population of 10,896 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in New Albany is $238,250, which is 195% higher than the national median of $80,734.

What is the poverty rate in New Albany, OH?

The poverty rate in New Albany is 1.4%. This means approximately 154 residents live below the federal poverty line.

What is the racial makeup of New Albany, Ohio?

New Albany's population is 74.6% White, 4.3% Black, 5.6% Hispanic/Latino, and 9.7% Asian.

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

The median home value in New Albany is $772,100. The home-value-to-income ratio is 3.2x.

How educated is New Albany, Ohio?

79.4% of adults (25+) in New Albany hold a bachelor's degree or higher, and 37.4% hold a graduate or professional degree.