Living in New Point, Indiana
Cost of living, income, home prices, rent and demographics of New Point · Census data 2020–2024
New Point has 201 residents with a median age of 40.3. The median household income is $60,000 (17% lower than the Indiana median), the median home value is $122,500, the median rent is $1,219/month.
New Point is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Point at a glance
- Population
- 201
- Median age
- 40.3State: 38.1
- Median household income
- $60,000State: $71,957
- Median home value
- $122,500State: $218,200
- Median rent
- $1,219/moState: $1,062
- Homeowners
- 69.5%
- Bachelor's degree or higher
- 10.1%
- Average commute
- 20 min
Is New Point a good place to live?
Pros: Home values 44% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 17% lower than the Indiana median; unemployment of 4.5%; a poverty rate of 14.9%.
The weather is best in May–June and August–September.
Cost of living in New Point
Housing is the biggest part of the cost of living. In New Point the median home value is $122,500, 63% lower than the U.S. median. Renters pay a median of $1,219 per month, which is 16.3% of household income. Homeowners with a mortgage pay $1,200 a month in housing costs.
New Point median household income
The median household income in New Point is $60,000 and the income per person is $32,761. 14.9% of residents live below the poverty line (Indiana: 12.3%).
Housing in New Point: homes for sale and rent
- Housing units
- 122
- Owner-occupied
- 69.5%
- Renter-occupied
- 30.5%
- Vacant
- 32.8%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.45
32.8% of homes are vacant most of the year, a sign that New Point has many vacation and second homes.
New Point demographics
- Population
- 201
- Median age
- 40.3
- Under 18
- 20.4%
- 65 and older
- 14.4%
- Households
- 82
- Foreign-born
- 0%
- Veterans
- 1.9%Adults 18+
Hispanic or Latino can be of any race. Population history of New Point ›
Education in New Point
10.1% of adults 25 and older in New Point have a bachelor's degree or higher (Indiana: 29.5%), and 0.7% have a graduate or professional degree.
Jobs and commute in New Point
- Unemployment rate
- 4.5%State: 4.3%
- Average commute
- 20 minState: 24 min
- Work from home
- 3.1%
- Drive alone
- 82.7%
- Public transit
- 0%
- Walk to work
- 3.1%
- Homes with broadband
- 85.4%
New Point vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Point | 201 | $60,000 | $122,500 | $1,219 |
| Batesville | 7,282 | $62,292 | $225,400 | $847 |
| Lake Santee | 820 | $158,140 | $245,500 | — |
| Oldenburg | 770 | $79,583 | $276,100 | $681 |
| Napoleon | 205 | $63,125 | $162,500 | $603 |
| Morris | 587 | $65,296 | $224,100 | — |
| Greensburg | 12,229 | $62,655 | $191,400 | $859 |
| Osgood | 1,637 | $52,625 | $149,800 | $865 |
| Delaware | 489 | $64,167 | $206,500 | — |
More for people moving to New Point
New Point ZIP code ›Weather and climate ›Living in New Point: FAQ
What is the median household income in New Point, IN?
The median household income in New Point is $60,000, 17% lower 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 Point?
The median home value in New Point is $122,500, compared with $218,200 in Indiana.
How much is rent in New Point?
The median gross rent in New Point is $1,219 per month, about 16.3% of household income.
Is New Point, IN a good place to live?
Pluses: home values 44% lower than the state median; an average commute of 20 minutes. Minuses: median household income 17% lower than the Indiana median; unemployment of 4.5%; a poverty rate of 14.9%.
What is the median age in New Point?
The median age in New Point is 40.3 years (Indiana: 38.1).
How long is the commute in New Point?
The average commute to work in New Point is 20 minutes; 3.1% of workers work from home.
What is the unemployment rate in New Point?
The unemployment rate in New Point is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Point?
10.1% of adults in New Point 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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