Living in Newbern, Indiana
Cost of living, income, home prices, rent and demographics of Newbern · Census data 2020–2024
Newbern has 210 residents with a median age of 35.5. The median household income is $165,486 (130% higher than the Indiana median), the median home value is $287,500.
Newbern is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newbern at a glance
- Population
- 210
- Median age
- 35.5State: 38.1
- Median household income
- $165,486State: $71,957
- Median home value
- $287,500State: $218,200
- Homeowners
- 93.7%
- Bachelor's degree or higher
- 48.9%
Is Newbern a good place to live?
Pros: Median household income 130% higher than the Indiana median; a poverty rate of 1.9%.
Cons: Home values 32% higher than the state median.
The weather is best in May and August to October.
Cost of living in Newbern
Housing is the biggest part of the cost of living. In Newbern the median home value is $287,500, 14% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,403 a month in housing costs.
Newbern median household income
The median household income in Newbern is $165,486 and the income per person is $52,304. 1.9% of residents live below the poverty line (Indiana: 12.3%).
Housing in Newbern: homes for sale and rent
- Housing units
- 63
- Owner-occupied
- 93.7%
- Renter-occupied
- 6.3%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 3.33
Newbern demographics
- Population
- 210
- Median age
- 35.5
- Under 18
- 26.2%
- 65 and older
- 17.6%
- Households
- 63
- Foreign-born
- 0%
- Veterans
- 6.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Newbern ›
Education in Newbern
48.9% of adults 25 and older in Newbern have a bachelor's degree or higher (Indiana: 29.5%), and 7.3% have a graduate or professional degree.
Jobs and commute in Newbern
- Unemployment rate
- 0%State: 4.3%
- Average commute
- —State: 24 min
- Work from home
- 28%
- Drive alone
- 63%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 76.2%
Newbern vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newbern | 210 | $165,486 | $287,500 | — |
| Schaefer Lake | 229 | $130,721 | $257,800 | — |
| Hartsville | 277 | $64,375 | $147,300 | $972 |
| Petersville | 134 | $75,208 | $155,400 | — |
| Hope | 2,029 | $76,188 | $148,600 | $1,156 |
| Clifford | 165 | $58,750 | $125,900 | $776 |
| Elizabethtown | 372 | $53,750 | $153,000 | $875 |
| Sardinia | 130 | $92,857 | — | — |
| Mineral Springs | 742 | $115,685 | $232,800 | — |
More for people moving to Newbern
Newbern ZIP code ›Weather and climate ›Living in Newbern: FAQ
What is the median household income in Newbern, IN?
The median household income in Newbern is $165,486, 130% 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 Newbern?
The median home value in Newbern is $287,500, compared with $218,200 in Indiana.
Is Newbern, IN a good place to live?
Pluses: median household income 130% higher than the Indiana median; a poverty rate of 1.9%. Minuses: home values 32% higher than the state median.
What is the median age in Newbern?
The median age in Newbern is 35.5 years (Indiana: 38.1).
What is the unemployment rate in Newbern?
The unemployment rate in Newbern is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newbern?
48.9% of adults in Newbern 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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