New Albany City Profile

Market Street in downtown New Albany

Demographics
  • Population: 7,724
  • Population with 45-mile radius: 2.2 million
  • Workforce within 45-mile radius: 1.3 million
  • Median Age: 37
  • Households: 2,594
  • Household Size: 3.15
  • Median Household Income: $179,405
  • Median Family Income: $156,932
  • Per Capita Income: $78,875
  • Median Housing Unit Value: $477,200
  • High School Graduates: 99%
  • Residents with bachelor’s degree or higher: 79%
  • Workforce: 14,500
Location and Logistics
  • Four freeway interchanges
  • Adjacent to State Route 161
  • 6 miles to Interstate 270
  • 10 miles to John Glenn Columbus International Airport (CMH)
  • 14 miles to downtown Columbus
  • 20 miles from Rickenbacker Inland Port (FTZ #138)
Business Park Profile
  • 14,500 employees
  • 3,500+ acres
  • 1,125 acres of developable greenfield sites
  • 6 million square feet of development
  • More than $1.4 billion in private investment
Business Incentives
  • 15-year, 100% real property tax abatement
  • Ohio Job Creation Tax Credit
  • Ohio Rapid Outreach Grant
  • AEP Ohio Grant Program
  • Ohio Economic Development Contingency Grant
  • Ohio 629 Roadwork/Infrastructure Grant
  • Ohio Enterprise Zone property tax incentives
  • Community Reinvestment Act tax abatements
  • Ohio Enterprise Bond Fund
  • 166 Ohio and Regional Direct Loan
  • JobsOhio Workforce Grant
  • JobsOhio Economic Development Grant Technology credits
  • Ohio Roadwork Development (629)
  • Income tax credits
  • Low interest loans
  • Green building credits
  • Business loans for infrastructure
  • Fiber optic/technology grants
Site Infrastructure
  • Technology- and shovel-ready sites
  • Pre-zoned for business
  • Triple feed electric capabilities
  • Water system capacity: 7.3 MGD
  • View Data by Site for specific capabilities
“New Albany is very appealing to our candidates who are seeking to relocate from out of state. They really appreciate the good schools, safe neighborhoods, walking trails and all of the activities available to families.”
Stephanie Glover, Senior Manager, Operations PharmaForce