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Demographic Analysis of New Albany, Indiana: A Low Diversity City with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
New Albany, Indiana, is classified as a "Low Diversity" community. As of 2022, the white population comprises 82% of the city's residents, exceeding the 75% threshold for this classification. The city's median income is $55,744 in 2022, with a population of 45,878.
Over the past decade, New Albany has maintained its status as a "Low Diversity" community. The white population has decreased from 84% in 2013 to 82% in 2022. The black population has increased from 6% to 8% during this period. The Hispanic population has grown from 4% to 5%. The percentage of individuals identifying as two or more races has risen from 3% to 4%.
The median income in New Albany has increased from $45,578 in 2013 to $55,744 in 2022, a 22% increase over the decade. The population has grown from 44,066 in 2013 to 45,878 in 2022, a 4% increase.
New Albany's trends align with patterns seen in many Midwestern cities, including slow but steady diversification and modest economic growth, particularly in smaller to mid-sized urban areas.
Based on observed trends, New Albany is likely to continue its gradual shift towards greater diversity over the coming years. However, given the current pace of change, it is unlikely to transition out of the "Low Diversity" category in the immediate future.
If current trends continue or accelerate, New Albany could eventually transition into a "Moderate Diversity" category. This would require continued growth in minority populations, particularly in the Black, Hispanic, and multiracial categories. The economic trajectory suggests that this demographic shift could be accompanied by further increases in median income.
Any significant shift in New Albany's demographic makeup would likely take place over several decades rather than in the immediate future, barring any unforeseen major economic or social catalysts.
