Median Age
39 Years
Largest Age Group
5-14 Years
Approximately 13% of Residents
Under 20
26%
Over 65
20%
Avg Rent
$1,080
Population
8,362
Renter Mix
41% Rent
Located in the heart of the Mississippi Hills along the Tallahatchie River, New Albany is a picturesque small town and the birthplace of Nobel Prize-winning author William Faulkner. Known as the Fair and Friendly City, New Albany is home to a close-knit community brought together by a bevy of special events like the Union County Fair and Livestock Show, Faulkner Fest, and Tallahatchie RiverFest.
New Albany touts a historic charm, with attractions such as the Ingomar Indian Mounds, Union County Heritage Museum, and a vibrant historic downtown area listed on the National Register offering a peek into the town’s storied past. Downtown New Albany is also brimming with many specialty shops, eateries, antique stores, and parks.
Tanglefoot Trail—Mississippi’s longest paved rails-to-trails route—starts in Downtown New Albany as well, stretching 44 miles through an array of scenic villages and countryside to its terminus in Houston, Mississippi. Additional options for outdoor recreation abound at the BNA Sportsplex, numerous local parks, and the nearby Holly Springs National Forest. Quick access to I-22 makes getting around from New Albany simple.
Median Household Income
$44,092
Average: $65,115
Education
1,281
Residents Have a Degree
Job Market
3,772
Workers Employed
Median Age
39 Years
Largest Age Group
5-14 Years
Approximately 13% of Residents
Under 20
26%
Over 65
20%
Housing Distribution
New Albany has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in New Albany, MS is $1,080 for one bedroom, $981 for two bedrooms, and $1,361 for three bedrooms. Apartment rent in New Albany has decreased by -1.8% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly New Albany, MS is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades PK-5
1,048 Students
Public
Grades PK-12
654 Students
Public
Grades PK-12
654 Students
Public
Grades 6-8
482 Students
Public
Grades PK-12
654 Students
Public
Grades 9-12
584 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.