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Economy in New Albany, Indiana

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNew Albany, INUnited States
Unemployment Rate9.40%9.10%
Recent Job Growth-0.33%-0.12%
Future Job Growth29.94%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.40%6.25%
Income per Cap.$21,882$27,067
Household Income$40,338$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.66%12.10%
Income between 15K and 25K13.05%10.18%
Income between 25K and 35K13.91%10.56%
Income between 35K and 50K18.26%14.98%
Income between 50K and 75K19.46%19.53%
Income between 75K and 100K9.41%12.52%
Income between 100K and 150K7.10%12.14%
Income between 150K and 250K1.20%3.91%
Income between 250K and 500K0.84%3.34%
Income greater than 500K0.11%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.86%13.81%
Professional and Related Occupations20.47%22.68%
Service15.64%14.51%
Sales and Office29.44%25.22%
Farming, Fishing, and Forestry0.12%0.68%
Construction, Extraction, and Maintenance9.92%9.37%
Production, Transportation, and Material Moving20.58%15.86%
Median Household Income

The unemployment rate in New Albany, IN, is 9.40%, with job growth of -0.33%. Future job growth over the next ten years is predicted to be 29.94%.

New Albany, IN Taxes

New Albany, IN,sales tax rate is 6.00%. Income tax is 4.40%.

New Albany, IN Income and Salaries

The income per capita is $21,882, which includes all adults and children. The median household income is $40,338.


New Albany Economy SperlingViews

Old city: Many 100+ year old homes, not much to do there, close to to the Ohio River, pretty bad for allergy suffers. Schools not good. Excise tax on auto is paid every year and... (read more)Have an opinion about New Albany? Leave a commentTo See All SperlingViews for New Albany Click Here