Living in New Haven, Indiana
Cost of living, income, home prices, rent and demographics of New Haven · Census data 2020–2024
New Haven has 15,698 residents with a median age of 39.4. The median household income is $70,970 (about the same as the Indiana median), the median home value is $166,900, the median rent is $998/month.
New Haven at a glance
- Population
- 15,698
- Median age
- 39.4State: 38.1
- Median household income
- $70,970State: $71,957
- Median home value
- $166,900State: $218,200
- Median rent
- $998/moState: $1,062
- Homeowners
- 75.7%
- Bachelor's degree or higher
- 23.1%
- Average commute
- 23 min
Is New Haven a good place to live?
Pros: Home values 24% lower than the state median; an average commute of 23 minutes; a poverty rate of 9.7%.
Cons: Median household income about the same as the Indiana median; unemployment of 4.8%.
The weather is best in May–June and August–September.
Cost of living in New Haven
Housing is the biggest part of the cost of living. In New Haven the median home value is $166,900, 50% lower than the U.S. median. Renters pay a median of $998 per month, which is 32% of household income. Homeowners with a mortgage pay $1,208 a month in housing costs.
New Haven median household income
The median household income in New Haven is $70,970 and the income per person is $34,058. 9.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in New Haven: homes for sale and rent
- Housing units
- 6,916
- Owner-occupied
- 75.7%
- Renter-occupied
- 24.3%
- Vacant
- 4.2%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.35
New Haven demographics
- Population
- 15,698
- Median age
- 39.4
- Under 18
- 23.9%
- 65 and older
- 18.8%
- Households
- 6,627
- Foreign-born
- 4.7%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of New Haven ›
Education in New Haven
23.1% of adults 25 and older in New Haven have a bachelor's degree or higher (Indiana: 29.5%), and 6% have a graduate or professional degree.
Jobs and commute in New Haven
- Unemployment rate
- 4.8%State: 4.3%
- Average commute
- 23 minState: 24 min
- Work from home
- 5.7%
- Drive alone
- 81.4%
- Public transit
- 0.1%
- Walk to work
- 0.5%
- Homes with broadband
- 88.9%
New Haven vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Haven | 15,698 | $70,970 | $166,900 | $998 |
| Fort Wayne | 268,589 | $61,422 | $188,900 | $999 |
| Hessen Cassel | 261 | $75,878 | $504,800 | — |
| Hoagland | 845 | $61,563 | $183,600 | — |
| Woodburn | 1,263 | $65,938 | $137,000 | $939 |
| Grabill | 1,108 | $66,563 | $150,200 | $850 |
| Monroeville | 1,122 | $56,302 | $128,000 | $883 |
| Harlan | 1,254 | $75,313 | $179,200 | $894 |
| Leo-Cedarville | 3,695 | $116,375 | $370,100 | — |
More for people moving to New Haven
New Haven ZIP code ›Weather and climate ›Living in New Haven: FAQ
What is the median household income in New Haven, IN?
The median household income in New Haven is $70,970, about the same as the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in New Haven?
The median home value in New Haven is $166,900, compared with $218,200 in Indiana.
How much is rent in New Haven?
The median gross rent in New Haven is $998 per month, about 32% of household income.
Is New Haven, IN a good place to live?
Pluses: home values 24% lower than the state median; an average commute of 23 minutes; a poverty rate of 9.7%. Minuses: median household income about the same as the Indiana median; unemployment of 4.8%.
What is the median age in New Haven?
The median age in New Haven is 39.4 years (Indiana: 38.1).
How long is the commute in New Haven?
The average commute to work in New Haven is 23 minutes; 5.7% of workers work from home.
What is the unemployment rate in New Haven?
The unemployment rate in New Haven is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Haven?
23.1% of adults in New Haven have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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