Living in Newburgh, Indiana

Cost of living, income, home prices, rent and demographics of Newburgh · Census data 2020–2024

Newburgh has 3,395 residents with a median age of 50.8. The median household income is $75,135 (4% higher than the Indiana median), the median home value is $237,600, the median rent is $942/month.

Newburgh at a glance

Population
3,395
Median age
50.8State: 38.1
Median household income
$75,135State: $71,957
Median home value
$237,600State: $218,200
Median rent
$942/moState: $1,062
Homeowners
74.6%
Bachelor's degree or higher
35.1%
Average commute
20 min

Is Newburgh a good place to live?

Pros: Median household income 4% higher than the Indiana median; an average commute of 20 minutes; unemployment of 2.1%; a poverty rate of 6.2%.

Cons: Home values 9% higher than the state median.

The weather is best in May and August to October.

Cost of living in Newburgh

Housing is the biggest part of the cost of living. In Newburgh the median home value is $237,600, 29% lower than the U.S. median. Renters pay a median of $942 per month, which is 19.4% of household income. Homeowners with a mortgage pay $1,493 a month in housing costs.

Median home value

Newburgh$237,600
Indiana$218,200
United States$332,700

Median monthly rent

Newburgh$942
Indiana$1,062
United States$1,413

Newburgh median household income

The median household income in Newburgh is $75,135 and the income per person is $52,449. 6.2% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Newburgh$75,135
Indiana$71,957
United States$80,734

Housing in Newburgh: homes for sale and rent

Housing units
1,830
Owner-occupied
74.6%
Renter-occupied
25.4%
Vacant
10%Includes seasonal homes
Median year built
1976
Average household size
2.05

Newburgh demographics

Population
3,395
Median age
50.8
Under 18
22.8%
65 and older
25.2%
Households
1,647
Foreign-born
0%
Veterans
17.4%Adults 18+

Race and ethnicity

White98.9%
Hispanic or Latino3.6%
Black0.4%
Asian0%

Hispanic or Latino can be of any race. Population history of Newburgh ›

Education in Newburgh

35.1% of adults 25 and older in Newburgh have a bachelor's degree or higher (Indiana: 29.5%), and 16% have a graduate or professional degree.

Bachelor's degree or higher

Newburgh35.1%
Indiana29.5%
United States35.7%

Jobs and commute in Newburgh

Unemployment rate
2.1%State: 4.3%
Average commute
20 minState: 24 min
Work from home
11.4%
Drive alone
83.2%
Public transit
0%
Walk to work
0.9%
Homes with broadband
93.9%

Newburgh vs nearby towns

TownPopulationMedian incomeHome valueRent
Newburgh3,395$75,135$237,600$942
Chandler3,978$74,725$131,100$990
Spottsville194$59,866$95,500—
Evansville116,116$53,387$143,100$975
Melody Hill3,243$93,906$201,600$1,091
Boonville6,702$63,580$162,400$873
Hatfield497$71,932$138,000—
Highland5,114$98,002$240,400$1,695
Henderson27,852$48,186$160,100$771

More for people moving to Newburgh

Newburgh ZIP code ›Weather and climate ›

Living in Newburgh: FAQ

What is the median household income in Newburgh, IN?

The median household income in Newburgh is $75,135, 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 Newburgh?

The median home value in Newburgh is $237,600, compared with $218,200 in Indiana.

How much is rent in Newburgh?

The median gross rent in Newburgh is $942 per month, about 19.4% of household income.

Is Newburgh, IN a good place to live?

Pluses: median household income 4% higher than the Indiana median; an average commute of 20 minutes; unemployment of 2.1%; a poverty rate of 6.2%. Minuses: home values 9% higher than the state median.

What is the median age in Newburgh?

The median age in Newburgh is 50.8 years (Indiana: 38.1).

How long is the commute in Newburgh?

The average commute to work in Newburgh is 20 minutes; 11.4% of workers work from home.

What is the unemployment rate in Newburgh?

The unemployment rate in Newburgh is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Newburgh?

35.1% of adults in Newburgh 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.

Last updated: