New Albany

Population: 10,524
Median household income: $232,524
Median home value: $728,200

New Albany, a community in Franklin County, Ohio, has 10,524 residents. Its median household income of $232,524 runs above the Franklin County figure of $73,795.

Between 2019 and 2023, New Albany's population declined 3.7% from 10,925 to 10,524, while its median home value rose 46.3% from $497,800 to $728,200.

90.2% of homes are single-family detached houses. The typical home was built around 2005.

Demographics

ACS 2019–2023

Population: 10,524
Median age: 41.0 yrs
Median household income: $232,524
Median home value: $728,200
Median gross rent: $2,134
Housing units: 3,696
Homeownership rate: 89.2%
Bachelor's degree or higher: 78.9%
Unemployment rate: 2.4%

Trends

ACS 5-year · 2019–2023

Population

10,92510,524

Median household income

$203,409$232,524

Median home value

$497,800$728,200

Median gross rent

$1,904$2,134

Year	Population	Median household income	Median home value	Median gross rent
2019	10,925	$203,409	$497,800	$1,904
2020	11,085	$200,580	$515,100	$1,850
2021	10,962	$206,130	$531,700	$1,833
2022	10,516	$224,824	$634,600	$2,013
2023	10,524	$232,524	$728,200	$2,134

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.5%

5 to 1726.4%

18 to 242.9%

25 to 344.2%

35 to 4416.6%

45 to 5422.4%

55 to 649.2%

65 to 745.6%

75 and over6.2%

	Count	Share
Under 5	683	6.5%
5 to 17	2,783	26.4%
18 to 24	308	2.9%
25 to 34	438	4.2%
35 to 44	1,744	16.6%
45 to 54	2,358	22.4%
55 to 64	973	9.2%
65 to 74	588	5.6%
75 and over	649	6.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	7,756	73.7%
Black or African American	328	3.1%
American Indian & Alaska Native	0	0.0%
Asian	985	9.4%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	7	0.1%
Two or more races	605	5.7%
Hispanic or Latino (any race)	843	8.0%

Educational attainment (age 25+)

No high school diploma0.7%

High school graduate6.2%

Some college or associate's14.2%

Bachelor's degree46.2%

Graduate or professional degree32.7%

	Count	Share
No high school diploma	48	0.7%
High school graduate	417	6.2%
Some college or associate's	960	14.2%
Bachelor's degree	3,117	46.2%
Graduate or professional degree	2,208	32.7%

Commute to work

Mean travel time to work: 23 min

Drove alone71.4%

Carpooled2.6%

Public transit0.2%

Walked1.1%

Bicycle0.0%

Worked from home23.8%

Other means0.8%

How workers get to work

	Count	Share
Drove alone	3,447	71.4%
Carpooled	127	2.6%
Public transit	10	0.2%
Walked	54	1.1%
Bicycle	0	0.0%
Worked from home	1,151	23.8%
Other means	40	0.8%

Travel time

	Count	Share
Under 15 min	988	26.9%
15 to 29 min	1,736	47.2%
30 to 44 min	648	17.6%
45 to 59 min	95	2.6%
60+ min	211	5.7%

Households

Average household size: 3.01
Poverty rate: 1.8% (183 of 10,368)

	Count	Share
Family households	3,031	86.7%
Nonfamily households	464	13.3%

Housing

Median year structure built: 2005

Occupancy

	Count	Share
Occupied	3,495	94.6%
Vacant	201	5.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	3,119	89.2%
Renter-occupied	376	10.8%

1-unit, detached90.2%

1-unit, attached3.3%

2 to 4 units2.0%

5 to 19 units0.2%

20 or more units3.6%

Mobile home & other0.7%

Units in structure

	Count	Share
1-unit, detached	3,333	90.2%
1-unit, attached	123	3.3%
2 to 4 units	73	2.0%
5 to 19 units	7	0.2%
20 or more units	133	3.6%
Mobile home & other	27	0.7%

Geography

Place GEOID: 3953970
Type (LSAD): 25
Land area: 21 sq mi
Water area: 0.17 sq mi
Center point: 40.0900, -82.7763