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New Albany Mississippi Real Estate By Jennifer Hershey

New Albany Mississippi Real Estate

New Albany, Mississippi, is located in Union County, of , and 69 miles SE of Memphis, Tennessee. New Albany has a population of 7,607.

New Albany Homes

New Albany properties pool is 3,026 residential properties including New Albany new homes. Median age of real estate in New Albany is 1972. Average Household size is 3.02 people. 1% are one bedroom homes, 21% are 2 bedroom homes, 65% are 3 bedroom homes, 12% are 4 bedroom homes, and 2% are 5+ bedroom homes.

New Albany Mortgage Statistics

New Albany mortgages vs. USA median statistics

Homes New Albany USA
Homes With No Mortgage 42%
30%
Homes With Mortgage 58%
70%
First Mortgage Only 53%
54%
First & Second Mortgage or HELOC 5%
16%

New Albany Area Real Estate Tax

New Albany Real estate Tax: Median Real Estate Taxes (2000) were $338 comparing to 1999 Median Family income $ 38,750. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

New Albany School District: Children make up 26.3% of New Albany population. New Albany has 1,999 under 18 years old residents, or 0.69 kids per one worker, or 0.66 kids per one household.

New Albany Real Estate & New Albany Homeownership

There are 938.06 or 31% one person households, 938.06 or 31% two person households, and 484.16 or 16% three person households in New Albany, Mississippi. Median residents age is 35.9, Senior citizens (65+) make up 1,320 or 17.4%% of New Albany population.

There are 2,887 workers (over 16 years of age) in New Albany. Of these, 97.23% drive to work. Approximately 0% of workers in New Albany take public transportation. An estimated 0.94% walk to work.

Median New Albany homeowner's housing expences are 16.1%

Crime in New Albany (2003), crimes per 10,000 residents per year

Type of Crime New Albany USA, 2003
Violent Crimes
24.98
47.5
Robberies
5.26
14.2
Aggravated Assaults
18.4
29.5
Property Crimes
258.97
358.8
Burglaries
57.84
74.0
Larceny-Thefts
186.67
241.5
Motor Vehicle Thefts
14.46
43.3

Invest in New Albany Properties

When making a decision about buying real estate in New Albany Mississippi area, you should consider following statistical data:

Category New Albany USA
Near Medium City
-
Near Large City
Memphis, Tennessee
-
New Albany Zip Codes
38652
-
New Albany Area Codes
662
-
White population
63.98%
75.1%
African-American population
32.98%
12.3%
Asian
0.35%
3.6%
American Indian & Alaskan
0.17%
0.9%
Hispanic (of any race)
2.83%
12.5%
Median Family Income (1999)
$ 38,750%
$42,000
Population Below Poverty Level
17.39%
12.4%

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