New Albany is a village in Franklin and Licking Counties in the U.S. state of Ohio, just northeast of the state capital of Columbus. Most of the village is located in Franklin County; only a small portion of the village extends into adjacent Licking County. The population was 3,711 at the 2000 census. However, New Albany is developing rather quickly; according to the U.S. Census Bureau's 2005 population estimates, the village is now home to 5,827 residents. Founded in 1837, it is now poised to become one of the most affluent communities of Ohio, and certainly within the Columbus area. The New Albany Country Club constitutes a significant portion of the village, and the golf course has 27 holes.