Living in New Ross, Indiana
Cost of living, income, home prices, rent and demographics of New Ross · Census data 2020–2024
New Ross has 364 residents with a median age of 52.7. The median household income is $64,167 (11% lower than the Indiana median), the median home value is $145,000, the median rent is $917/month.
New Ross is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Ross at a glance
- Population
- 364
- Median age
- 52.7State: 38.1
- Median household income
- $64,167State: $71,957
- Median home value
- $145,000State: $218,200
- Median rent
- $917/moState: $1,062
- Homeowners
- 91.6%
- Bachelor's degree or higher
- 10.6%
- Average commute
- 26 min
Is New Ross a good place to live?
Pros: Home values 34% lower than the state median.
Cons: Median household income 11% lower than the Indiana median; an average commute of 26 minutes; a poverty rate of 17%.
The weather is best in June to September.
Cost of living in New Ross
Housing is the biggest part of the cost of living. In New Ross the median home value is $145,000, 56% lower than the U.S. median. Renters pay a median of $917 per month, which is 20% of household income. Homeowners with a mortgage pay $1,078 a month in housing costs.
New Ross median household income
The median household income in New Ross is $64,167 and the income per person is $34,732. 17% of residents live below the poverty line (Indiana: 12.3%).
Housing in New Ross: homes for sale and rent
- Housing units
- 175
- Owner-occupied
- 91.6%
- Renter-occupied
- 8.4%
- Vacant
- 5.1%Includes seasonal homes
- Median year built
- 1950
- Average household size
- 2.19
New Ross demographics
- Population
- 364
- Median age
- 52.7
- Under 18
- 15.4%
- 65 and older
- 25.5%
- Households
- 166
- Foreign-born
- 3.6%
- Veterans
- 15.3%Adults 18+
Hispanic or Latino can be of any race. Population history of New Ross ›
Education in New Ross
10.6% of adults 25 and older in New Ross have a bachelor's degree or higher (Indiana: 29.5%), and 4.9% have a graduate or professional degree.
Jobs and commute in New Ross
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 26 minState: 24 min
- Work from home
- 12.1%
- Drive alone
- 86.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.4%
New Ross vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Ross | 364 | $64,167 | $145,000 | $917 |
| Jamestown | 1,107 | $71,048 | $176,300 | $907 |
| Advance | 390 | $64,500 | $164,500 | $1,042 |
| Ladoga | 1,144 | $61,667 | $130,600 | $825 |
| North Salem | 741 | $68,214 | $186,500 | $1,160 |
| Roachdale | 971 | $66,216 | $143,400 | $1,002 |
| Darlington | 798 | $57,656 | $120,500 | $791 |
| Lizton | 543 | $94,844 | $191,800 | $1,164 |
| New Market | 509 | $67,969 | $142,300 | $935 |
More for people moving to New Ross
New Ross ZIP code ›Weather and climate ›Living in New Ross: FAQ
What is the median household income in New Ross, IN?
The median household income in New Ross is $64,167, 11% 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 Ross?
The median home value in New Ross is $145,000, compared with $218,200 in Indiana.
How much is rent in New Ross?
The median gross rent in New Ross is $917 per month, about 20% of household income.
Is New Ross, IN a good place to live?
Pluses: home values 34% lower than the state median. Minuses: median household income 11% lower than the Indiana median; an average commute of 26 minutes; a poverty rate of 17%.
What is the median age in New Ross?
The median age in New Ross is 52.7 years (Indiana: 38.1).
How long is the commute in New Ross?
The average commute to work in New Ross is 26 minutes; 12.1% of workers work from home.
What is the unemployment rate in New Ross?
The unemployment rate in New Ross is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Ross?
10.6% of adults in New Ross 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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