Living in New Paris, Indiana
Cost of living, income, home prices, rent and demographics of New Paris · Census data 2020–2024
New Paris has 1,549 residents with a median age of 32. The median household income is $74,663 (4% higher than the Indiana median), the median home value is $223,700, the median rent is $1,061/month.
New Paris at a glance
- Population
- 1,549
- Median age
- 32State: 38.1
- Median household income
- $74,663State: $71,957
- Median home value
- $223,700State: $218,200
- Median rent
- $1,061/moState: $1,062
- Homeowners
- 80.5%
- Bachelor's degree or higher
- 14.1%
- Average commute
- 22 min
Is New Paris a good place to live?
Pros: Median household income 4% higher than the Indiana median; an average commute of 22 minutes; unemployment of 0%; a poverty rate of 10.5%.
Cons: Home values about the same as the state median.
The weather is best in June to September.
Cost of living in New Paris
Housing is the biggest part of the cost of living. In New Paris the median home value is $223,700, 33% lower than the U.S. median. Renters pay a median of $1,061 per month, which is 20.7% of household income. Homeowners with a mortgage pay $1,411 a month in housing costs.
New Paris median household income
The median household income in New Paris is $74,663 and the income per person is $33,414. 10.5% of residents live below the poverty line (Indiana: 12.3%).
Housing in New Paris: homes for sale and rent
- Housing units
- 559
- Owner-occupied
- 80.5%
- Renter-occupied
- 19.5%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.77
New Paris demographics
- Population
- 1,549
- Median age
- 32
- Under 18
- 25.2%
- 65 and older
- 12.3%
- Households
- 559
- Foreign-born
- 4.8%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of New Paris ›
Education in New Paris
14.1% of adults 25 and older in New Paris have a bachelor's degree or higher (Indiana: 29.5%), and 2.1% have a graduate or professional degree.
Jobs and commute in New Paris
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 22 minState: 24 min
- Work from home
- 1.6%
- Drive alone
- 78.7%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 85.3%
New Paris vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Paris | 1,549 | $74,663 | $223,700 | $1,061 |
| Benton | 384 | $105,393 | $146,000 | — |
| Goshen | 34,420 | $59,184 | $184,900 | $1,093 |
| Milford | 1,661 | $51,667 | $159,700 | $1,029 |
| Syracuse | 3,233 | $71,833 | $199,400 | $1,115 |
| Millersburg | 1,077 | $65,833 | $186,400 | $1,082 |
| Nappanee | 6,815 | $68,892 | $238,600 | $856 |
| Wakarusa | 2,282 | $74,464 | $207,200 | $955 |
| Enchanted Hills | 1,039 | $64,625 | $197,000 | $1,131 |
More for people moving to New Paris
New Paris ZIP code ›Weather and climate ›Living in New Paris: FAQ
What is the median household income in New Paris, IN?
The median household income in New Paris is $74,663, 4% higher than 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 Paris?
The median home value in New Paris is $223,700, compared with $218,200 in Indiana.
How much is rent in New Paris?
The median gross rent in New Paris is $1,061 per month, about 20.7% of household income.
Is New Paris, IN a good place to live?
Pluses: median household income 4% higher than the Indiana median; an average commute of 22 minutes; unemployment of 0%; a poverty rate of 10.5%. Minuses: home values about the same as the state median.
What is the median age in New Paris?
The median age in New Paris is 32 years (Indiana: 38.1).
How long is the commute in New Paris?
The average commute to work in New Paris is 22 minutes; 1.6% of workers work from home.
What is the unemployment rate in New Paris?
The unemployment rate in New Paris is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Paris?
14.1% of adults in New Paris 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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