New Albany
New Albany city, Mississippi
If you're seeking a refreshing alternative to the soaring costs of the national housing market, New Albany, Mississippi, is a hidden gem that deserves your attention. This charming town of just over 7,600 residents offers a remarkably affordable lifestyle, with a median home value of around $139,200 โ that's a steal compared to the national average. Imagine owning a home for a fraction of the cost, freeing up your finances for other pursuits. The pace of life here is slower and more relaxed, ideal for those seeking a close-knit community vibe. You'll find a welcoming atmosphere and a strong sense of local pride.
From an investment standpoint, the New Albany market presents a compelling opportunity. While the median household income hovers around $50,890, the low cost of living allows residents to stretch their dollars further. The town's affordability makes it particularly attractive to first-time homebuyers or those looking to downsize. With a focus on community and a relaxed pace, New Albany is perfect for families, retirees, or anyone looking for a friendly, budget-conscious environment.
New Albany, Mississippi at a Glance
New Albany is a city in New Albany city, Mississippi with a population of approximately 7,657. The median home value is $139,200 and the median household income is $50,890.. The violent crime rate is 3.1 per 1,000 residents, which is 14% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $886 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$139,200
Median Income
$50,890
Population
7,657
Walk Score
N/A
Air Quality
AQI 40
Good
Climate Risk
Relatively Moderate
Good
Are you a real estate agent in New Albany?
Thousands of homebuyers research this neighborhood every month. Make sure they find you.
Get discovered
Your profile shown to every visitor
Generate leads
Direct calls, emails & website clicks
Build authority
Branded reports & local expert badge
Available on Pro & Enterprise plans
- Population
- 7,657
- Median Age
- N/A
- Median Household Income
- $50,890
32% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 16.7%
35% above nat'l avg
- Median Home Value
- $139,200
51% below nat'l avg
- Median Rent
- $886
24% below nat'l avg
- Homeownership Rate
- 54.0%
18% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 3.1 per 1K
14% below nat'l avg
- Property Crime Rate
- 6.1 per 1K
68% below nat'l avg
- AQI
- 40
5% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 69.85
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 12.6ยข/kWh
24% below nat'l avg
- Est. Monthly Electric
- $113
18% below nat'l avg
- Unemployment Rate
- 1.0%
73% below nat'l avg
- Poverty Rate
- 16.7%
35% above nat'l avg
Political Landscape
โ Trending more Republican
Based on Leake County county-level presidential election data
Culture & Things to Do in New Albany
Union County Fair
Annual fair featuring rides, food, and agricultural exhibits.
New Albany Main Street Fall Festival
A fall festival with arts, crafts, food vendors, and live music.
Christmas Parade
Annual Christmas parade held in downtown New Albany.
Union County Relay for Life
An annual fundraising event for the American Cancer Society.
Similar Cities in Mississippi
Grenada
Grenada city, MS
Picayune
Picayune city, MS
Horn Lake
Horn Lake city, MS
Hattiesburg
Hattiesburg city, MS
Petal
Petal city, MS