New Albany Indiana Real Estate
New Albany, Indiana, is located in Floyd County, 8 miles NW of Louisville, Kentucky and 105 miles S of Indianapolis, Indiana. New Albany has a population of 37,603.
New Albany Homes
New Albany properties pool is 15,918 residential properties including New Albany new homes. Median age of real estate in New Albany is 1958. Average Household size is 2.88 people. 3% are one bedroom homes, 30% are 2 bedroom homes, 48% are 3 bedroom homes, 16% are 4 bedroom homes, and 3% are 5+ bedroom homes.
New Albany Mortgage Statistics
New Albany mortgages vs. USA median statistics
| Homes |
New Albany |
USA |
| Homes With No Mortgage |
35% |
30% |
| Homes With Mortgage |
65% |
70% |
| First Mortgage Only |
48% |
54% |
| First & Second Mortgage or HELOC |
17% |
16% |
New Albany Area Real Estate Tax
New Albany Real estate Tax: Median Real Estate Taxes (2000) were $864 comparing to 1999 Median Family income $ 41,993. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
New Albany School District: Children make up 24% of New Albany population. New Albany has 9,033 under 18 years old residents, or 0.51 kids per one worker, or 0.57 kids per one household.
New Albany Real Estate & New Albany Homeownership
There are 4934.58 or 31% one person households, 5412.12 or 34% two person households, and 2706.06 or 17% three person households in New Albany, Indiana. Median residents age is 36.6, Senior citizens (65+) make up 5,799 or 15.4%% of New Albany population.
There are 17,703 workers (over 16 years of age) in New Albany. Of these, 94.19% drive to work. Approximately 0.86% of workers in New Albany take public transportation. An estimated 2.12% walk to work.
Median New Albany homeowner's housing expences are 17.1%
Crime in New Albany (2003), crimes per 10,000 residents per year
| Type of Crime |
New Albany |
USA, 2003 |
| Violent Crimes |
52.92 |
47.5 |
| Robberies |
22.34 |
14.2 |
| Aggravated Assaults |
27.66 |
29.5 |
| Property Crimes |
711.65 |
358.8 |
| Burglaries |
159.83 |
74.0 |
| Larceny-Thefts |
506.61 |
241.5 |
| Motor Vehicle Thefts |
45.21 |
43.3 |
Invest in New Albany Properties
When making a decision about buying real estate in New Albany Indiana area, you should consider following statistical data:
| Category |
New Albany |
USA |
| Near Medium City |
Louisville, Kentucky |
- |
| Near Large City |
Indianapolis, Indiana |
- |
| New Albany Zip Codes |
47150 |
- |
| New Albany Area Codes |
812 |
- |
| White population |
90% |
75.1% |
| African-American population |
6.93% |
12.3% |
| Asian |
0.42% |
3.6% |
| American Indian & Alaskan |
0.31% |
0.9% |
| Hispanic (of any race) |
1.36% |
12.5% |
| Median Family Income (1999) |
$ 41,993% |
$42,000 |
| Population Below Poverty Level |
13.35% |
12.4% |
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