Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
New Albany, Mississippi is a small-sized city with a population of 9,039 inhabitants. New Albany is known to be an ethnically diverse city. The two most common races are White (59%) and Black or African American (33%). If you are not a fan of long commutes, you will enjoy living in New Albany. With an average one way commute time of only 18 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Are you trying to ascertain if living in New Albany is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Mississippi, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in New Albany and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Mississippi and national averages.
Using data and statistics New Albany has received a livability score of 74 out of 100. This score is ranked in the 85th percentile when compared to all other cities. If we examine each of the categories individually, we see that New Albany ranks well for crime (A) and housing (B+). Unfortunately for New Albany, there are some categories for which it does not rank well, this includes: amenities (F).
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In New Albany, residents are fortunate to experience a cost of living that is 20.11% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making New Albany an attractive choice for those seeking financial prudence without compromising on quality of life.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. New Albany has a violent crime rate of 78 crimes per 100,000 residents which is far lower than the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that New Albany has an unemployment rate of 1.3% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, New Albany has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in New Albany is actually affordable. Median real estate prices in New Albany come in at $200,147, which is 6.7% higher than the Mississippi average. The home price to income ratio compares the median home prices to the median household income. In New Albany, the home price to income ratio is 3.2, which is 3.2% higher than the Mississippi average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | New Albany | Mississippi | National |
| Average one way commute | 18min | 24min | 26min |
| Workers who drive to work | 85.0% | 84.7% | 76.4% |
| Workers who carpool | 12.6% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 0.3% | 1.5% | 2.8% |
| Working from home | 0.5% | 2.2% | 4.6% |
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