How many renters in New Albany, MS pay more than 30% of their income on rent?
52.4% (±15.7 points) of renting households in New Albany, MS spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
35.4% spend 35% or more.
The median renting household spends 30.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 52.4% (±15.7 points)
- Paying 35% or more
- 35.4% (±12.5 points)
- Median share of income
- 30.7% (±3.5 points)
Rent as a share of income in New Albany
| Share of income spent on rent | New Albany | Union County | Mississippi | United States |
|---|---|---|---|---|
| Less than 15% | 15.2% (±7.7 points) | 16.8% | 14.4% | 12.6% |
| 15% to 19.9% | 9.3% (±8.0 points) | 19.0% | 11.7% | 12.2% |
| 20% to 24.9% | 8.3% (±6.3 points) | 9.7% | 11.8% | 12.6% |
| 25% to 29.9% | 14.8% (±11.9 points) | 11.1% | 10.9% | 11.5% |
| 30% to 34.9% | 17.0% (±9.5 points) | 8.9% | 9.2% | 9.2% |
| 35% or more | 35.4% (±12.5 points) | 34.4% | 42.1% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
New Albany against Union County, its state and the nation
| New Albany | Union County | Mississippi | United States | |
|---|---|---|---|---|
| Paying 30% or more | 52.4% (±15.7 points) | 43.3% (±10.6 points) | 51.3% (±1.0 points) | 51.1% |
| Paying 35% or more | 35.4% (±12.5 points) | 34.4% (±9.3 points) | 42.1% (±0.9 points) | 41.9% |
| Median share of income | 30.7% (±3.5 points) | 27.0% (±4.3 points) | 30.7% (±0.5 points) | 30.6% |
| Median renter household income | $41,759 (±$10,737) | $41,860 (±$10,306) | $34,642 (±$649) | $52,966 |
| Median gross rent | $973 (±$98) | $865 (±$43) | $954 (±$8) | $1,413 |
In New Albany, the share of renters paying 30% or more of income is not measurably different from Union County (43.3%).
It is not measurably different from Mississippi (51.3%).
It is not measurably different from the national figure (51.1%).
In Union County, New Albany ranks 2 of 3 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 132 of 325.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near New Albany
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| New Albany | — | 52.4% (±15.7 points) | — |
| Myrtle | 7.2 mi | 40.7% (±29.0 points) | Not measurably different |
| Ecru | 10.0 mi | 43.5% (±26.1 points) | Not measurably different |
| Blue Springs | 10 mi | 55.0% (±64.7 points) | Not measurably different |
| Blue Mountain | 13 mi | 48.2% (±29.5 points) | Not measurably different |
| Hickory Flat | 13 mi | 86.1% (±40.2 points) | Not measurably different |
| Sherman | 14 mi | 52.8% (±26.0 points) | Not measurably different |
| Dumas | 14 mi | 33.3% (±116.4 points) | Not measurably different |
| Thaxton | 16 mi | 27.3% (±39.0 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Union County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Blue Springs | 55.0% (±64.7 points) |
| 2 | New Albany | 52.4% (±15.7 points) |
| 3 | Myrtle | 40.7% (±29.0 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about New Albany
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).
What share of income do renters in New Albany spend on rent?
The median renting household in New Albany, MS spends 30.7% (±3.5 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Albany city, Mississippi
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — New Albany city, Mississippi
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Albany city, Mississippi
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) and detailed tables (acs/acs5) 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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 .
Related
- Housing in New Albany at a glance
- Median rent in New Albany
- Rent by bedrooms in New Albany
- Renters and owners in New Albany
- Income and affordability in New Albany
- Home values in New Albany
- Homeowner costs in New Albany
- Property taxes in New Albany
- Types of homes in New Albany
- Bedrooms in New Albany
- Age of homes in New Albany
- Heating fuel in New Albany
- Commute and cars in New Albany
- Crime reported to police in New Albany
- Population growth in New Albany
- How long people stay in New Albany
- Crowding and facilities in New Albany
- Mississippi landlord and tenant rules
- Housing across Union County
- Mississippi places ranked by rent burden
- Housing data for every place in Mississippi