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CITY · 2020 ACS

New Albany

Mississippi · 7,626 residents · 18.233 sq mi
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The short version

New Albany has notably lower household income than the US average, with a median household income of $41,975. Population has held roughly steady since 2000. 16% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $111,200.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 39.0
US median: 38.8
Less educated
16% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
7,626
Unchangedsince 2000
from 7,607 in 2000
1990 – 2025
Population density
418 / sq mi
Unchangedsince 2000
from 417 / sq mi in 2000
US average: 280
Median age
39.0
+9%since 2000
from 35.9 in 2000
US average: 38.8
Population, 1990 – 2024
7K7K8K8K9K1990201020202024New Albany
20248K
1990201020202024
Section 02

Income & economy

Median household income
$41,975
−3%inflation adjusted, since 2000
from $28,730 in 2000
US average: $66,278
1990 – 2024
Per capita income
$23,354
+41%since 2000
from $16,507 in 2000
US average: $35,364
Households earning $100K+
25.1%
+8.5 ptssince 2009
from 16.6% in 2009
US average: 43.9%
Poverty rate
11.5%
−6.6 ptssince 2000
from 18.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade26.3%
US avg: 10%
Information17.1%
US avg: 11.1%
Other services8%
US avg: 6.6%
Public administration7.9%
US avg: 4.7%
Finance & insurance3.4%
US avg: 5.5%
Professional, scientific, technical3.4%
US avg: 4.7%
Wholesale trade2.4%
US avg: 6.7%
Transportation & warehousing2.2%
US avg: 2.5%
Arts, entertainment, food0.3%
US avg: 2%
Agriculture, forestry, fishing0.3%
US avg: 1.7%
Construction0.3%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$111,200
+6%inflation adjusted, since 2000
from $70,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$743
+25%inflation adjusted, since 2000
from $395 in 2000
US average: $1,124
Owner-occupied
58.3%
−3.3 ptssince 2000
from 61.6% in 2000
41.7% rent
Afford Score
2.6
+9%since 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in New Albany on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic63.2%(4,804)
Black32.9%(2,504)
Hispanic / Latino2.8%(215)
Asian0.2%(19)
Other0%
Diversity Score60.4%(4,595)
2020
White, non-Hispanic56.6%(4,319)
Black29.2%(2,229)
Hispanic / Latino9.5%(722)
Asian0.9%(69)
Other0.3%(26)
Diversity Score69.4%(5,289)
Diversity Score
69
+15%since 2000
from 60 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
16.4%
−3.5 ptssince 2000
from 19.9% in 2000
US average: 32.9%
High school or higher
78.0%
+9.7 ptssince 2000
from 68.3% in 2000
US average: 88.5%
Graduate degree
5.7%
−2.1 ptssince 2000
from 7.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
18.1 min
+47%since 2000
from 12.3 min in 2000
US average: 26.9
Drive alone to work
85.0%
+1.6 ptssince 2009
from 83.3% in 2009
US average: 75.1%
No vehicle available
3.9%
−2.4 ptssince 2009
from 6.3% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.2%
−9.1 ptssince 2011
from 11.3% in 2011
US average: 5.4%
Labor force participation
58.0%
−1.2 ptssince 2011
from 59.3% in 2011
US average: 63.4%
Management & professional
33.2%
−28.3 ptssince 2009
from 61.5% in 2009
US average: 39.3%
Section 08

People & community

Male
47.8%
+1.0 ptssince 2009
from 46.8% in 2009
Female
52.2%
−1.0 ptssince 2009
from 53.2% in 2009
Foreign born
4.8%
−2.1 ptssince 2009
from 6.9% in 2009
US average: 13.5%
Uninsured
11.7%
−70.6 ptssince 2013
from 82.3% in 2013
US average: 8.8%
Drill deeper

Places similar to New Albany

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Pop 8,291
DeFuniak Springs
Pop 7,338
Inwood
Pop 7,556
Beacon Square
Pop 7,895
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Compare New Albany to nearby cities

NEW ALBANY VS
Tupelo
Income$66,257+58%
Home value$212,800+91%
Population38,087+391%
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NEW ALBANY VS
Booneville
Income$50,879+21%
Home value$136,700+23%
Population9,257+19%
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NEW ALBANY VS
Oxford
Income$64,451+54%
Home value$385,700+247%
Population26,773+245%
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NEW ALBANY VS
Corinth
Income$44,226+5%
Home value$177,100+59%
Population14,345+85%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Albany, Mississippi?

New Albany, Mississippi has about 7,626 residents according to the 2020 American Community Survey.

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

The typical household in New Albany, Mississippi earns about $41,975 a year. Half of households make more than that, and half make less.

Is New Albany, Mississippi expensive?

In New Albany, Mississippi, the median home is worth about $111,200, and the typical rent is about $743 a month.

How educated are people in New Albany, Mississippi?

About 16.4% of adults age 25 and over in New Albany, Mississippi hold a bachelor's degree or higher.

What is the poverty rate in New Albany, Mississippi?

About 11.5% of people in New Albany, Mississippi live below the federal poverty line.

Has New Albany, Mississippi grown since 1990?

Yes, New Albany, Mississippi has grown since 1990. The population has added about 851 residents, a change of about 13 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →