Income & Economy in New Albany city, IN (47150)
Median Income
$62,212
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,280
Wealth inflow
Population
49,606
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 2,280 for ZIP 47150 (New Albany city, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 47150 (2020–Present)
Since 2020, population grew 2.8%, median income fell 6.2% (inflation-adjusted), home values increased 12.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $62,212 |
| Unemployment | 4.3% |
| Establishments | 1,338 |
| Employees | 25,494 |