Photo by Squids Z on Unsplash (https://unsplash.com/@squids93)
New Albany, Indiana Retirement Guide
62
Retirement Score
New Albany, Indiana at a Glance
- Median Home Price
- $160,600
- State Income Tax
- State income tax; Social Security exempt; some retirement income deductions available.
- Avg January Low
- 28°F
- Cost of Living Index
- 91.9 (US avg = 100)
- Best For
- N/A
- RetireCityIQ Score
- 62 / 100
Retirement Data
Affordability
Cost of Living Index
91.9 (U.S. avg = 100)High confidence
BEA Regional Price Parities · Updated May 2026
Median Home Price
$160,600High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Monthly Rent
$927High confidence
U.S. Census ACS 5-Year · Updated June 2026
Taxes
Retirement Tax Score
45 / 100High confidence
Tax Foundation · Updated June 2026
Tax Details
State income tax; Social Security exempt; some retirement income deductions available.High confidence
Tax Foundation · Updated June 2026
Retiree Readiness (Sprint 2)
Care Access Score (proxy)
62.6 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Aging-in-Place Score (proxy)
50.5 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Healthcare
Healthcare Access Score
62.6 / 100High confidence
CMS Hospital General Information · Updated June 2026
Climate
Avg July High
87.6°FHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Avg January Low
28°FHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Annual Precipitation
43.9"High confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Sunny Days / Year
295 daysHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Safety
Safety Score
98.2 / 100High confidence
FBI Crime Data Explorer · Updated June 2026
Walkability
Walk Score (proxy)
24.4 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Transit Score (proxy)
1.5 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Demographics
Population
37,598High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Age
38.0High confidence
U.S. Census ACS 5-Year · Updated June 2026
Age 65+
17.6%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Household Income
$53,982High confidence
U.S. Census ACS 5-Year · Updated June 2026
Community Profile
Owner-Occupied Housing
57.2%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Veterans
6.1%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Bachelor's Degree+
23.0%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Poverty Rate
17.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Diversity
White
82.8%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Black
8.6%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Hispanic/Latino
5.0%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Asian
1.1%High confidence
U.S. Census ACS 5-Year · Updated June 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in New Albany using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$348
Stress-case monthly carrying cost
$391
Median home price used: $160,600
Median rent reference: $927 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.
Local Professionals
Financial Advisors
AXIOM FINANCIAL STRATEGIES GROUP, LLC
AXIOM FINANCIAL STRATEGIES GROUP, LLC
AXIOM FINANCIAL STRATEGIES GROUP, LLC
+16 more financial advisors available