HomeOhioFranklin CountyNew Albany
New Albany, Ohio: commercial real estate data.
New Albany is a Census city of 10,896 people across 20.52 square miles of land, lying across Franklin County and Licking County. Median household income is $238,250, 88.7 percent of occupied homes are owned, and the SBA record carries 71 7(a) approvals to borrowers here worth $33.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New Albany
What New Albany is
- Census place typecity
- Land area20.52 sq mi
- Water area0.17 sq mi
- Population per square mile of land531
- County holding the largest share of its areaFranklin County, 54.5 percent
- Counties this place lies inFranklin County 54.5 percent, Licking County 45.5 percent
New Albany crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Albany
How many people live in New Albany
- Population10,896
- Median age42.5
- Population under 183,361
- Share under 1830.8 percent
- Population 65 and over1,425
- Share 65 and over13.1 percent
- Households3,651
- Family households3,235
- Share of households that are families88.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Albany
Income and work in New Albany
- Median household income$238,250
- Per capita income$114,920
- Civilian labor force5,322
- Employed5,273
- Unemployed49 plus or minus 35
- Unemployment rate0.9 percent plus or minus 0.7
- Adults 25 and over7,165
- Adults 25 and over with a high school diploma or higher99.2 percent
- Adults 25 and over with a bachelor degree or higher79.4 percent
- Adults 25 and over with a graduate degree37.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Albany
Housing in New Albany
- Housing units3,851
- Occupied units3,651
- Vacant units200 plus or minus 119
- Vacancy rate5.2 percent plus or minus 3.1
- Owner occupied3,237
- Renter occupied414 plus or minus 137
- Ownership rate88.7 percent
- Median owner-occupied home value$772,100
- Median gross rent, monthly$2,355
- Annual rent as a share of median income11.9 percent
- Single family units3,558
- Share single family92.4 percent
- Units in buildings of two or more293 plus or minus 122
- Share in buildings of two or more7.6 percent plus or minus 3.1
- Mobile homes0
- Median year structure built2005
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Albany
How New Albany gets to work
- Workers 16 and over who commute3,958
- Commuting under 15 minutes1,078 plus or minus 252
- Share commuting under 15 minutes27.2 percent plus or minus 5.6
- Commuting 30 minutes or more1,007 plus or minus 217
- Share commuting 30 minutes or more25.4 percent
- Drove alone69.9 percent
- Carpooled3.3 percent plus or minus 1.6
- Public transport0.2 percent plus or minus 0.3
- Walked1.6 percent plus or minus 1.1
- Worked from home24.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Albany
SBA loans in New Albany (7(a))
- Approvals71
- Gross approval$33,295,700
- Average approval$468,954
- Median approval$100,000
- Ninetieth percentile approval$1,432,000
- Largest approval$5,000,000
- Jobs supported665
- Jobs per approval9.4
- Loans with a final outcome14
- Paid in full14
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more5.6 percent
- Share to franchises9.9 percent
- Distinct lenders17
- Distinct industries by NAICS45
Counted by borrower city: approvals to borrowers whose address is in New Albany, in any county, FY2020 to FY2026. Only 14 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New Albany
SBA loans in New Albany (504)
- Approvals7
- Gross approval$6,490,000
- Average approval$927,143
- Median approval$398,000
- Largest approval$2,986,000
- Jobs supported100
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in New Albany, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
New Albany
Flood risk in New Albany
- NFIP communityCity of New Albany
- NFIP community number390895
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/17/08
The City of New Albany participates in the National Flood Insurance Program as community 390895 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Franklin County, not New Albany
Franklin County context, not New Albany figures
- Establishments in Franklin County30,700
- Covered employment, Franklin County779,560
- Average annual pay, Franklin County$73,180
- Housing units permitted, Franklin County8,122
Every figure in this section is published for Franklin County as a whole and is not a measurement of New Albany.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
New Albany questions, answered from the record.
How many people live in New Albany, Ohio?
10,896, in 3,651 households. New Albany city covers 20.52 square miles of land, which is 531 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Albany in?
New Albany lies in more than one. By area it is 54.5 percent in Franklin County, 45.5 percent in Licking County. This page sits under Franklin County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in New Albany?
$238,250. The median owner-occupied home is valued at $772,100. Median gross rent is $2,355 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New Albany businesses?
71 7(a) approvals totaling $33.3 m since FY2020, across 17 lenders, median approval $100,000, plus 7 504 approvals worth $6.5 m since FY2010. These count approvals to borrowers whose address is in New Albany, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Albany borrowers get paid back?
No rate is published for New Albany. Only 14 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is New Albany in the National Flood Insurance Program?
Yes. New Albany appears in the FEMA Community Status Book as New Albany, city of, community 390895, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page New Albany figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Franklin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New Albany.
Is zoning published for New Albany?
No. Nothing on this page presents parcel level zoning.