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New Albany

Learn about the people, housing, costs and businesses in New Albany, Kansas

Median Home$95,700
Median Rent$860/month
Population56
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services12% arts, food & hospitality
Young Adults34% of residentswell above average
Homeowners90% of occupied units
NotableHighly Educated31% bachelor's · 14% graduate · top 7% nationally
NotableTransit81/100 · excellent transit access
New Albany
KS

Frequently Asked Questions

What are today's mortgage rates in New Albany?

As of today, the 30-year fixed mortgage rate for New Albany is approximately 6.837% (6.871% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in New Albany?

The median home value in New Albany is $96k. The median monthly rent is $860. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in New Albany?

Based on a typical all-in ownership cost of $786/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Albany is $71k/year.

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What industries drive the economy in New Albany?

The largest employment sectors in New Albany are public administration (26%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.