Places › Indiana › New Albany

Living in New Albany, IN

Suburb in Indiana

New Albany is a suburb in Indiana, home to about 38,000 people, with 1.0 million living within 31 mi. Day to day, most trips are by car. Life moves at a relaxed pace, and homes are a mix of apartments and houses.

Is New Albany a good place to live? Pros and cons

👍 Pros

  • Affordable housing: a typical 3-bedroom home is about $245k and rents for $1,630 a month
  • Strong healthcare: 3 top-rated (4–5★) hospitals within 31 mi
  • Dog-friendly: 8 dog parks within 9 mi
  • Easy flying: SDF is 11 mi away

👎 Cons

  • Smaller job market: about 1.0 million people live within 31 mi
  • Fewer graduates: 23% of adults have a bachelor's degree or higher
  • Fewer outdoor escapes: no big hills or water close by
  • Cloudier than most places

Whether it's a good place for you depends on what you value. Take the quiz to see how New Albany ranks against your own priorities.

Key facts

Population
38,000
1.0 million within 31 mi
Winter / summer highs
46°F / 87°F
Average daily highs · 4″ snow a year
3-bedroom home
$245k
Typical value (Zillow)
3-bedroom rent
$1,630/mo
Incl. utilities (HUD)
Cost of living
93
US average = 100 (BEA)
Taxes
$1,275
State income tax per resident · 0.78% property tax
Safety
No data
Not in FBI 2019 city table
Natural disasters
7 since 2000
Declared in the county · mainly flooding, tornadoes
Top-rated hospitals
3
4–5★ within 31 mi (CMS)
Public schools
Average
Tests close to US average · 19 students per teacher
Adults with a degree
23%
1 research university within 31 mi
Nearest major airport
SDF
11 mi away

Living in New Albany: common questions

What is the cost of living in New Albany?

A typical 3-bedroom home is worth about $245k, and a 3-bedroom rents for about $1,630 a month including utilities. Overall living costs are below the US average (index 93, where the US is 100).

What are taxes like in New Albany?

Indiana collects about $1,275 in state income tax per resident, and homeowners here pay about 0.78% of their home's value in property tax each year.

Is New Albany safe?

New Albany isn't in the FBI's 2019 city crime table, so Best Life Fit Me counts its safety as average.

How are the schools in New Albany?

Public schools in New Albany test close to the US average in math and reading (2018–19 state tests, put on one national scale with NAEP), with about 19 students per teacher.

What is the weather like in New Albany?

New Albany has cool winters: winter days average around 46°F and summer days around 87°F, with roughly 4″ of snow a year.

Does New Albany get natural disasters?

Natural disaster risk is moderate, mainly from flooding, tornadoes and cold waves: 7 federally declared disasters have hit the county since 2000, and FEMA expects about 1.43 deaths or injuries per 100,000 residents a year.

What is the nearest major airport to New Albany?

The nearest major airport is SDF, about 11 mi away.

How New Albany scores

Each bar compares New Albany with the other 1,990 places in Best Life Fit Me. A dot shows where it sits between two ends, such as major metro and small town; neither end is better. Coloured bars run from poor (red) to excellent (green).

🏙️City sizeSmall city Major metroSmall town
🏘️Urban or quietUrban & suburban mix Dense & urbanQuiet / rural
🚶Getting aroundMostly car Walk & transitCar essential
🌲Culture or natureStrong culture scene Culture & nightlifeNature on the doorstep
🌡️ClimateCool winters Warm all yearLong, snowy winters
💰Cost of livingVery affordable Very expensiveVery affordable
⏱️PaceRelaxed Very fast-pacedSlow & calm
🤝CommunitySome community feel AnonymousTight-knit community
🏡HousingApartments & houses ApartmentsHouses with yards
🏷️Affordable housingExcellent
💸Low taxesGood
💼Job marketBelow average
🏥HealthcareExcellent
🏫SchoolsAverage
🎓EducationBelow average
🧸Kids & familyAverage
🐕Dog-friendlyExcellent
⛰️OutdoorsBelow average
🎭CultureGood
👮SafetyNo crime data (counted as average)
🌪️Few natural disastersGood
☀️SunnyBelow average
🌤️Mild summersGood
✈️AirportGood

Places like New Albany

These places have the most similar overall profile across all 24 aspects.

The circle is each place's all-round score out of 100: the average of its 15 quality scores, from red (poor) to green (excellent).

Jeffersonville, INSuburb61 $249k$1,630/moSafe Fairborn, OHSmall city63 $202k$1,650/moVery safe Kernersville, NCSuburb61 $302k$1,610/moSafe Nicholasville, KYSuburb62 $283k$1,740/moVery safe Leavenworth, KSSuburb58 $251k$1,770/moNo crime data Gladstone, MOSuburb60 $257k$1,770/moSafe

Nearby

Jeffersonville, INSuburb · 7 mi away61 $249k$1,630/moSafe Louisville, KYBig city · 14 mi away48 $276k$1,630/moHigher crime Jeffersontown, KYSuburb · 16 mi away56 $275k$1,630/moVery safe Elizabethtown, KYSmall city · 42 mi away47 $263k$1,470/moVery safe Frankfort, KYSmall city · 53 mi away48 $254k$1,410/moSafe Columbus, INSmall city · 62 mi away50 $267k$1,700/moVery safe

See all the best places to live in Indiana.

Is New Albany right for you?

Answer 27 quick questions and see how it ranks against your priorities.

Take the free quiz →

Sources: US Census ACS 2019–2023, Census State Tax Collections FY2025, Zillow 3-bedroom ZHVI, HUD Fair Market Rents, BEA Regional Price Parities 2024, FBI 2019, FEMA National Risk Index v1.20, OpenFEMA disaster declarations, NOAA Normals 1991–2020, NASA POWER, CMS, NCES IPEDS 2023, IMLS, OpenStreetMap. How scores work.