New Albany

Located in Franklin County, New Albany is a city of 10,524 residents with a housing stock of 3,696 units, of which 89.2 percent are owner-occupied. The median gross rent among the smaller share of rented units stands at $2,134 per month. The local economy supports a median household income of $232,524, placing it well above regional and national benchmarks. Residents who commute to work reach their destinations in an average of 17.7 minutes, a relatively short travel time that reflects the city's position within the broader Columbus metropolitan area. Just 1.1 percent of workers in New Albany report working from home, suggesting that most employment requires a physical presence at a workplace. The combination of high owner-occupancy rates and strong household incomes points to a predominantly settled, established residential population. The city sits within Franklin County, giving residents access to county-level services, courts, and infrastructure shared with the larger Columbus region.

Market description generated from current MLS and U.S. Census data.