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New Albany-Plain Local

Learn about the people, housing, costs and businesses in New Albany-Plain Local, Ohio

Median Home$593,937
Median Rent$1,980/month
Population23,744
Leading IndustriesArts, Food & Hospitality · Education · Healthcare13% arts, food & hospitality
Home Value Growth⬆⬆+15.8% over 2 years
Family-Friendly27% of residentswell above average
Homeowners65% of occupied units
NotableHigh Incomes$173k/year · top 1% nationally
NotableHighly Educated36% bachelor's · 18% graduate · top 1% nationally
New Albany-Plain Local
OH

Explore New Albany-Plain Local

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in New Albany-Plain Local?

As of today, the 30-year fixed mortgage rate for New Albany-Plain Local is approximately 6.849% (6.883% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for New Albany-Plain Local
What is the median home price in New Albany-Plain Local?

The median home value in New Albany-Plain Local is $594k. The median monthly rent is $1,980. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Albany-Plain Local?

Home values in New Albany-Plain Local have increased 15.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

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

Based on a typical all-in ownership cost of $2,455/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $105k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Albany-Plain Local is $173k/year.

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What industries drive the economy in New Albany-Plain Local?

The largest employment sectors in New Albany-Plain Local are public administration (26%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.