Accumulating evidence has shown that social media addiction is a growing problem in China, especially among emerging adults. Nonetheless, the absence of a psychometrically sound measuring tool obstructs further progress in this field. Therefore, we examined the properties of a newly developed social media addiction scale among a sample of 619 college students. An exploratory factor analysis revealed that the scale had six factors: preference for online social interaction, mood alteration, negative consequence and continued use, compulsive use and withdrawal, salience, and relapse, which explained 63.83% of the total variance. Cronbach's alpha and half-split coefficient of the whole scale were 0.937 and 0.879, respectively. A confirmatory factor analysis indicated that the six-factor model was a good fit to the data. Moreover, the social media addiction scores were positively correlated with smartphone addiction, pathological Internet use, and narcissism, but negatively associated with self-esteem. Our study suggests that the newly developed social media addiction scale could be used as an effective tool to assess social media addiction among emerging adults in China.