Living in New Washington, Indiana
Cost of living, income, home prices, rent and demographics of New Washington · Census data 2020–2024
New Washington has 351 residents with a median age of 44.8. The median household income is $81,705 (14% higher than the Indiana median), the median home value is $187,500.
New Washington is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Washington at a glance
- Population
- 351
- Median age
- 44.8State: 38.1
- Median household income
- $81,705State: $71,957
- Median home value
- $187,500State: $218,200
- Homeowners
- 78.5%
- Bachelor's degree or higher
- 14.9%
- Average commute
- 27 min
Is New Washington a good place to live?
Pros: Median household income 14% higher than the Indiana median; home values 14% lower than the state median; a poverty rate of 10.3%.
Cons: An average commute of 27 minutes.
The weather is best in May–June and September–October.
Cost of living in New Washington
Housing is the biggest part of the cost of living. In New Washington the median home value is $187,500, 44% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,208 a month in housing costs.
New Washington median household income
The median household income in New Washington is $81,705 and the income per person is $33,536. 10.3% of residents live below the poverty line (Indiana: 12.3%).
Housing in New Washington: homes for sale and rent
- Housing units
- 184
- Owner-occupied
- 78.5%
- Renter-occupied
- 21.5%
- Vacant
- 19%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.36
New Washington demographics
- Population
- 351
- Median age
- 44.8
- Under 18
- 13.7%
- 65 and older
- 20.2%
- Households
- 149
- Foreign-born
- 0%
- Veterans
- 11.6%Adults 18+
Hispanic or Latino can be of any race. Population history of New Washington ›
Education in New Washington
14.9% of adults 25 and older in New Washington have a bachelor's degree or higher (Indiana: 29.5%), and 3% have a graduate or professional degree.
Jobs and commute in New Washington
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 27 minState: 24 min
- Work from home
- 0%
- Drive alone
- 83.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85.2%
New Washington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Washington | 351 | $81,705 | $187,500 | — |
| Otisco | 109 | $36,563 | — | — |
| Westport | 275 | $53,047 | $326,600 | $938 |
| Hanover | 3,554 | $53,929 | $138,700 | $900 |
| Underwood | 957 | $69,625 | $176,300 | — |
| Charlestown | 8,294 | $77,288 | $208,300 | $1,033 |
| Henryville | 1,691 | $71,667 | $204,000 | $810 |
| Goshen | 989 | $88,188 | $307,200 | $2,288 |
| Memphis | 784 | $137,560 | $235,900 | — |
More for people moving to New Washington
New Washington ZIP code ›Weather and climate ›Living in New Washington: FAQ
What is the median household income in New Washington, IN?
The median household income in New Washington is $81,705, 14% 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 Washington?
The median home value in New Washington is $187,500, compared with $218,200 in Indiana.
Is New Washington, IN a good place to live?
Pluses: median household income 14% higher than the Indiana median; home values 14% lower than the state median; a poverty rate of 10.3%. Minuses: an average commute of 27 minutes.
What is the median age in New Washington?
The median age in New Washington is 44.8 years (Indiana: 38.1).
How long is the commute in New Washington?
The average commute to work in New Washington is 27 minutes; 0% of workers work from home.
What is the unemployment rate in New Washington?
The unemployment rate in New Washington is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Washington?
14.9% of adults in New Washington 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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