Housing data for New Albany, MS

New Albany, MS has an estimated 7,663 residents and 3,620 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a city in Union County.

38.3% of households rent.

The median gross rent is $973 a month.

Its population shrank measurably since 2015–2019 (−12.0%).

Figures last updated on .

Residents
7,663 (±60)
Housing units
3,620 (±213)
Households that rent
38.3%
Median gross rent
$973
Residents since 2015–2019
−12.0%

What stands out in New Albany

Households that rent: 38.3% (±6.2 points) in New Albany, higher than in Union County (25.3%).

Homes in buildings of 5 or more units: 7.9% (±3.3 points) in New Albany, higher than in Union County (3.1%).

Households that moved in since 2020: 26.6% (±6.2 points) in New Albany, higher than in Union County (18.3%).

Homes built before 1980: 60.1% (±9.6 points) in New Albany, higher than in Union County (43.5%).

Housing in New Albany at a glance

New Albany against Union County, its state and the nation

Estimate (90% margin of error)
New AlbanyUnion CountyMississippiUnited States
Residents7,663 (±60)28,122 (exact)2,946,779 (exact)334,922,499
Housing units3,620 (±213)12,250 (±24)1,341,114 (±478)143,775,355
Households that rent38.3% (±6.2 points)25.3% (±3.2 points)30.0% (±0.4 points)34.8%
Median gross rent$973 (±$98)$865 (±$43)$954 (±$8)$1,413
Median household income$51,332 (±$7,295)$55,505 (±$4,529)$56,447 (±$539)$80,734
Median home value$161,400 (±$16,502)$163,400 (±$11,218)$169,800 (±$1,198)$332,700
Median real estate taxes (a year)$965 (±$163)$918 (±$146)$1,215 (±$12)$3,119
Built before 198060.1% (±9.6 points)43.5% (±4.9 points)41.4% (±0.4 points)49.7%
Average commute18.4 minutes (±1.7)23.0 minutes (±1.4)25.6 minutes (±0.2)26.4 minutes
Households with broadband89.1% (±3.8 points)83.8% (±2.7 points)84.1% (±0.3 points)91.0%
Median age of residents38.4 years (±3.1)38.3 years (±0.9)38.6 years (±0.1)38.9 years

New Albany covers 18.2 square miles of land, about 420 residents per square mile (Census Bureau Gazetteer).

How New Albany has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents8,705 (±24)7,663 (±60)−12.0%Measurable decrease
Housing units3,681 (±231)3,620 (±213)−1.7%Not a measurable change
Median gross rent$754 (±$45)$973 (±$98)+29.0%No measurable change after inflation
Median home value$121,900 (±$17,959)$161,400 (±$16,502)+32.4%No measurable change after inflation
Median household income$44,289 (±$7,453)$51,332 (±$7,295)+15.9%No measurable change after inflation
Median owner cost with a mortgage$1,100 (±$130)$1,144 (±$169)+4.0%No measurable change after inflation
Median real estate taxes$819 (±$157)$965 (±$163)+17.8%No measurable change after inflation
Households that rent42.0% (±6.2 points)38.3% (±6.2 points)−3.7 percentage pointsNot a measurable change
Rental vacancy rate9.9% (±6.7 points)0.0% (±3.7 points)−9.9 percentage pointsMeasurable decrease

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in New Albany

In 2025, the New Albany Police Department reported 39 violent and 877 property crimes per 100,000 residents to the FBI.

Across Union County, the departments that report recorded 142 violent and 731 property crimes per 100,000 residents that year.

ZIP codes in New Albany

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
3865212%15,789$906$166,100$54,980

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near New Albany

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Myrtle7.2 mi$939$158,60052.4%
Ecru10.0 mi$797$196,70024.6%
Blue Springs10 mi$733$158,30037.0%
Blue Mountain13 mi$718$79,70040.1%
Hickory Flat13 mi$733$109,60041.1%
Sherman14 mi$982$158,90041.9%
Dumas14 mi$688$116,20018.3%
Thaxton16 mi$820$231,50012.6%

Places in Mississippi most like New Albany

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Amory$834$162,000$52,90137.6%
Forest$900$141,100$49,72449.2%
Laurel$909$125,800$47,66136.8%
Grenada$802$145,600$46,30343.7%
Cleveland$943$159,300$44,07433.2%
Pontotoc$803$155,800$46,16746.2%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Mississippi.

HUD Fair Market Rent for New Albany, fiscal year 2027

Union County, MS, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$798$831$905$1,128$1,189

HUD income limits for New Albany, fiscal year 2026

Union County, MS, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$15,960$26,400$42,250
2 people$21,640$30,200$48,250
3 people$27,320$33,950$54,300
4 people$33,000$37,700$60,300
5 people$38,680$40,750$65,150
6 people$43,750$43,750$69,950
7 people$46,750$46,750$74,800
8 people$49,800$49,800$79,600

These are the limits HUD sets for its housing programs in the Union County, MS, where HUD’s median family income for fiscal year 2026 is $75,400.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about New Albany

What is the average rent in New Albany, MS?

The Census Bureau publishes the median rather than the average: the median gross rent in New Albany is $973 (±$98) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in New Albany?

The median gross rent for a one-bedroom home in New Albany, MS is $840 (±$192) a month (2020–2024 American Community Survey).

Are renters in New Albany rent-burdened?

52.4% of renting households in New Albany pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in New Albany?

New Albany has an estimated 1,092 (±203) renting households, 38.3% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in New Albany?

The median household income in New Albany is $51,332 (±$7,295) a year (2020–2024 American Community Survey).

What is the average home value in New Albany, MS?

The Census Bureau publishes the median: $161,400 (±$16,502) for owner-occupied homes in New Albany (2020–2024 American Community Survey).

Is New Albany growing?

In New Albany, the number of residents went from 8,705 in 2015–2019 to 7,663 in 2020–2024 (−12.0%), a measurable decrease.

What ZIP codes are in New Albany?

The ZIP code that covers New Albany is 38652.

What is the median rent in ZIP code 38652?

The median gross rent in ZIP Code Tabulation Area 38652 is $906 (±$78) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Albany city, Mississippi (place:51000, in state:28).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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