2025 Compare Cities Economy:
New Albany, IN vs Frankfort, KY

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Highlights
- Household income in Frankfort, is 5% more than it is in New Albany and is 33% below the National Average.
- New Albany unemployment rate is 4.8%.
- Frankfort unemployment rate is 5.3%.
 New Albany, INFrankfort, KYUnited States
 Unemployment Rate  Unlock5.3%6.0%
 Recent Job Growth  Unlock1.3%1.6%
 Future Job Growth34.5%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock7.8%4.6%
 Income per Cap.$27,697  Unlock$37,638
 Household Income  Unlock$51,731$69,021
 Family Median Income$66,281  Unlock$85,028
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 Est. Households By Income
 New Albany, INFrankfort, KYUnited States
 Income Less Than 15K  Unlock10.0%9.4%
 Income between 15K and 20K6.0%  Unlock3.8%
 Income between 20K and 30K  Unlock10.0%8.1%
 Income between 30K and 40K11.0%  Unlock8.0%
 Income between 40K and 50K  Unlock9.3%7.6%
 Income between 50K and 60K7.2%  Unlock7.2%
 Income between 60K and 75K  Unlock9.6%9.6%
 Income between 75K and 100K12.0%  Unlock12.8%
 Income between 100K and 150K  Unlock13.0%16.3%
 Income between 150K and 200K3.4%  Unlock7.8%
 Income greater than 200K  Unlock2.7%9.5%
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 Population By Occupation
 New Albany, INFrankfort, KYUnited States
 Management, business, finance12.5%  Unlock16.4%
 Engineering, computers, science  Unlock5.5%6.5%
 Community, social services1.3%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library5.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.7%2.0%
 Healthcare practitioners and technology6.5%  Unlock6.2%
 Healthcare support  Unlock3.1%3.3%
 Firefighters, law enforcement1.4%  Unlock2.1%
 Food preparation, serving  Unlock5.4%5.4%
 Building maintenance2.9%  Unlock3.6%
 Personal care  Unlock1.6%2.6%
 Sales, office, administrative support19.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.3%0.6%
 Construction, extraction, maintenance/repair10.2%  Unlock8.1%
 Production, transportation, material moving  Unlock13.1%13.1%
Reviews for New Albany    2 Reviews

Over 9 years ago

I've lived in New Albany Indiana nearly six years. This town is one of the friendliest I have ever lived in. People are almost always helpful and good. Life  More

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Over 18 years ago

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  More

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Reviews for Frankfort    3 Reviews

I was born here at Kings Daughter Hospital. I still have family members living here. Although I haven't lived here in years, I knew the place well and keep up with  More

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I have traveled all over the United States (SC, NY, FL, CO, WY, MO, OH, IN, WV). I've also traveled to other countries (Panama & Canada), and I've never been anywhere  More

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Over 8 years ago

I've lived here for 15 years. Almost all the restaurants are fast food. State government is the dominant workforce and does not pay well, so many businesses open only  More

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