B+

New Albany, OH

Source:

Affordability Score: 79/100

Population: 20,566 · 1 ZIP codes

The affordability dashboard for New Albany, OH aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 20,566 residents, then layers in county-level federal data to produce an overall grade of B+ (79/100). The headline inputs are median household income of $148,100, median home value of $510,600, median rent of $1,844 per month, and 65.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,430 per month (studio $1,111, 1BR $1,194, 3BR $1,715, 4BR $1,927). Department of Labor data lists infant center-based childcare at $15,340 per year, consuming 10% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for New Albany, OH include income, education, rent. Unemployment currently reads 1.6% and poverty 1.8% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A+
$148,100
Median household income
Education A+
65.1%
Bachelor's degree or higher
Housing C-
3.4x
Home value $510,600 vs income
Commute C+
23 min
Average commute time
Rent A+
$1,430/mo
2BR fair market rent (12% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B
$15,340/yr
Center-based infant care (10% of income)

Income & Employment

Median Income
$148,100
▲ 139% vs national
Per Capita Income
$88,042
Unemployment Rate
1.6%
Poverty Rate
1.8%

Housing

Median Home Value
$510,600
▲ 86% vs national
Median Rent
$1,844/mo
Owner Occupied
67.7%
2BR Fair Market Rent
$1,430/mo
▲ 19% vs national

Fair Market Rents by Bedroom

Studio
$1,111
1BR
$1,194
2BR
$1,430
3BR
$1,715
4BR
$1,927

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
65.1%
▲ 35 ppt vs national
High School+
76.0%
Median Age
38.6
Avg. Commute
23 min
▼ 3 min vs national

Childcare Costs

Infant (Center)
$15,340/yr
10% of income
Toddler (Center)
$13,780/yr
Preschool (Center)
$12,064/yr
School-Age (Center)
$7,800/yr

What This Means

New Albany, OH receives an overall affordability grade of B+ (79/100), aggregated from 1 ZIP codes with a total population of 20,566. This area performs well in income and education and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is New Albany, OH affordable?
New Albany, OH receives an overall affordability grade of B+ (79/100) based on Census, HUD, FBI, and DOL data. Median household income is $148,100. Median home value is $510,600.
What is the cost of living in New Albany?
Key cost metrics: Median rent $1,844/mo. 2BR fair market rent $1,430/mo. Infant childcare $15,340/yr. Median home value $510,600.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →