There are 20 independent living communities serving New Albany, Indiana. This includes 4 communities in New Albany and 16 nearby. The costs per day for independent living in Indiana range from $20 to $151, with an average expenditure running about $68. The per month expense averages around $2,048 and ranges between $602 and $4,521. On an annual basis, the median cost is around $24,576, which is higher than the US average of $23,100.
Costs for independent living in New Albany range between $1,458 per month and $3,644 per month. The average cost is around $1,971 per month, or around $23,645 yearly.
Located within Floyd County, New Albany is a small city in Indiana. It is part of the Louisville/Jefferson County metropolitan statistical area. The city has a population of 47,472, with 209,926 people in the surrounding metropolitan area. Around 26% of the local populace are over 55.
The SeniorScore™ for New Albany is 78. The average home price in the city is $93,000, which is much lower than the state average of $163,500. New Albany has a moderate unemployment rate of about 8.79%. The city's average household income is $43,000 ($23,000 per capita), versus an average of $49,000 for the whole of Indiana.
New Albany has mild mean temperatures, with comfortable winters and pleasant summers. The city gets high levels of precipitation annually. New Albany has a lower than average rate of crime, very poor air quality ratings, and good water quality ratings compared to other cities in the United States.