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Assisted Living in New Albany, Indiana

There are 20 assisted living facilities serving New Albany, Indiana. This includes 6 facilities in New Albany and 14 nearby. The mean daily cost for assisted living in Indiana is $124, with costs running between $37 and $274 per day. On a per month basis, this equates to a mean expense of $3,724, with costs ranging from around $1,095 up to $8,220. The mean annual cost is $44,685, which is above the nationwide average of $42,000.

The cost of assisted living in New Albany, IN can range from as little as $2,650 per month to $6,625 per month. The average cost is around $3,583 per month, or about $42,990 yearly.



SeniorScore™ for New Albany, Indiana



The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.

78

SeniorScore™ Overview

  • New Albany scores higher than the Indiana average of 74.
  • New Albany scores higher than the national average of 72.
69

Health & Safety

  • There is a very high number of Medicare registered physicians within the city limits.
  • There are 18 hospitals within close range of the city, including Floyd Memorial Hospital And Health Services, Physicians' Medical Center Llc, and Southern Indiana Rehab Hosp.
  • There are 89 senior living facilities in close proximity to the city, including Southern Indiana Rehab Hospital, New Albany Nursing and Rehabilitation Center, and Lincoln HillsHealth Center.
  • There is a very high number of home healthcare providers operating in the city.
  • There is a very high number of fire stations serving the city.
  • The average life expectancy is 77.6, compared to the national average of 78.6.
  • There are 489 pharmacies within close range of the city.
  • The area has a very high property crime rate.
  • The area has a low violent crime rate.
71

Recreation & Leisure

  • The city has a low percentage of seniors in the population (26% of residents).
  • There are 57 golf courses in or around the city, including New Albany Country Club, Shawnee Golf Course, and Wooded View Golf Course.
  • There are 24 parks near the city center, including Floyd County 4-H Fair Grounds, Shawnee Park, and Chickasaw Park.
  • There are 335 churches in or near the city, including St Paul\'s Episcopal Church, Graceland Baptist Church, and Parkway Southern Baptist Chr.
  • There are 25 malls / shopping centers within close range of the city.
  • There are 240 grocery stores within the city.
  • There are 16 movie theatres in or near the city.
  • There are 89 gyms or health clubs in or near the city.
68

Finances

  • The property taxes average 1.77% of total income, which is significantly lower than the national average of 2.79%.
  • The property taxes average 0.78% of property value, which is significantly lower than the national average of 1.09%.
  • The city sales taxes averages 7.00%, which is higher than the national average of 6.97%.
  • Indiana has an average state income tax of 3.33%, compared to the national average of 3.38%.
  • The city's mean household income is $54,665, which is significantly lower than the national average of $64,580.
  • The city's median household income is $42,781, which is significantly lower than the national median of $51,560.
  • The city's per capita income is $23,188, which is lower than the national average of $25,611.
  • Assisted living costs average $44,310 per year, which are high compared to national figures.
  • Nursing home costs average $91,250 per year, which are average compared to national costs.
  • Adult daycare costs average $20,800 per year, which are high compared to national numbers.
  • Home healthcare costs average $43,472 annually, which are low compared to national costs.
  • The unemployment rate is about 8.79%, which is average compared to national averages.
  • The overall cost of living is very low compared to national averages.
  • 1% of the senior population are financially responsible for at least one grandchild.
67

General Quality of Life

  • New Albany receives high levels of rainfall each year.
  • New Albany has mild mean temperatures, with comfortable winters and pleasant summers.
  • This city has very poor air quality.
  • This city has above average water quality.
  • New Albany has an average population density of 1,081.5 people per square mile.
  • Residents of New Albany have a short daily commute time.
  • The city has an average public transportation ridership.
  • New Albany has a high public school quality ranking.
  • The city has a very low public school safety rating.
  • This city has an average graduation rate of 84.80%.

New Albany is a small city in Floyd County, Indiana. It is part of the Louisville/Jefferson County metro statistical area. While the city has 47,472 inhabitants, the encompassing metropolitan area includes a population of 209,926. People who are over 55 compose about 26% of the total community.

The SeniorScore™ for New Albany is 78. The city has an average per capita income of $23,000. The average household income is $43,000 in comparison to an average of $49,000 for the whole of Indiana. The current unemployment rate is about 8.79% and the average home price is $93,000, which is much lower than the state average of $163,500.

New Albany has mild mean temperatures, with comfortable winters and pleasant summers. The area receives large amounts of rainfall annually. Compared to similarly-sized cities, New Albany has better than average water quality ratings, very poor air quality, and a lower than average crime rate.

More About New Albany, Indiana
Riverview Village - Clarksville, IN

Riverview Village

586 Eastern Blvd

Clarksville, IN 47129

1-855-222-1541

5 Reviews  

Riverview Village is a 130 bed senior housing community situated near the Portland neighborhood of Clarksville, Indiana. With around 21,000 people residing in the zip code of 47129, the neighboring area has an average population density. It is ...

3 miles away from New Albany, IN

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Azalea Hills - Floyds Knobs, IN

Azalea Hills

3700 Lafayette Pkwy

Floyds Knobs, IN 47119

1-855-233-7205

1 Review  

Located at 3700 Lafayette Pkwy, Azalea Hills is a senior care facility in Floyds Knobs, Indiana. With an average per-family income of $76,398, the facility is in a primarily upper class area. It has an average population density, ...

3 miles away from New Albany, IN

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Hillcrest Village - Jeffersonville, IN

Hillcrest Village

203 Sparks Ave

Jeffersonville, IN 47130

1-855-224-5130

5 Reviews  

Hillcrest Village is a 149 room senior care community. It is located near by the Butchertown neighborhood of Jeffersonville, Indiana. The community is in a predominantly middle class area, with a median per-household income of $48,924. With ...

4 miles away from New Albany, IN

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American Retirement Villas - Louisville, KY

American Retirement Villas

401 S 4th St Ste 1900

Louisville, KY 40202

1-855-229-7494

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American Retirement Villas is a senior care community located within the Central Business District neighborhood of Louisville, Kentucky. With a median household income of $18,150, the community is in a predominantly low income area. It is sparsely populated, ...

5 miles away from New Albany, IN

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Riverbend Senior Living - Jeffersonville, IN

Riverbend Senior Living

2715 Charlestown Pike

Jeffersonville, IN 47130

1-855-240-2530

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Riverbend is a senior care facility located at 2715 Charlestown Pike in Jeffersonville, Indiana. The surrounding area is densely populated, with roughly 46,000 people residing in the 47130 zip code. With an average household income of $48,924, it ...

6 miles away from New Albany, IN

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Treyton Oak Towers - Louisville, KY

Treyton Oak Towers

211 West Oak St

Louisville, KY 40203

1-855-229-7494

8 Reviews  

Treyton Oak Towers is a 60 room senior housing community. It is located in the Old Louisville area of Louisville, Kentucky. With roughly 21,000 residents in the zip code of 40203, the encompassing area has a medium-density population. ...

6 miles away from New Albany, IN

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Sacred Heart Village III - Louisville, KY

Sacred Heart Village III

3101 Wayside Dr Ste Off

Louisville, KY 40216

1-855-224-5130

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Located within the Hallmark neighborhood, Sacred Heart Village III is a senior housing facility in Louisville, Kentucky. The facility is in a largely middle class area, with a median per-household income of $41,502. It is heavily populated, with ...

6 miles away from New Albany, IN

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Beehives Homes of Georgetown - Georgetown, IN

Beehives Homes of Georgetown

1040 Estate Cir

Georgetown, IN 47122

1-855-240-2530

1 Review  

Located at 1040 Estate Cir, Beehives Homes of Georgetown is a senior housing facility in Georgetown, Indiana. The neighboring area has an average population density, with roughly 11,000 individuals living in the zip code of 47122. It is ...

7 miles away from New Albany, IN

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Frequently Asked Questions



Question
What is the cost of assisted living in Indiana?

Answer
Assisted living in Indiana averages about $124 per day (ranging from $37 to $274), $3,724 per month (ranging from $1,095 to $8,220), and $44,685 yearly (ranging from $13,140 to $98,640). By comparison, the national averages are $117 per day, $3,500 per month, and $42,000 yearly.

Question
How much is assisted living in New Albany?

Answer
The minimum per-month cost for assisted living in New Albany, Indiana is estimated at about $2,650 and may run as high as $6,625. The average cost is approximately $3,583 per-month, with an annual cost of about $42,990.

Question
What does assisted living include?

Answer
Assisted living is provided in either a shared or private room. Services typically include recreational activities, incontinence care, transportation assitance, bathing assistance, and religious activities.

Question
Does Medicaid pay for assisted living in New Albany?

Answer
These assisted living communities in New Albany take Medicaid as payment: The Pillars Assisted Care Center, Regis Woods, Kindred Transitional Care And Rehab-Sellersburg, Kindred Transitional Care And Rehab-Harrison, and Westminster Health Care Center.

Question
Are there many seniors in New Albany?

Answer
Though the surrounding metro area is home to 200,576 people, there are 47,472 within the city itself. The senior community currently represents 26% of the total population.

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