Indiana · Census place 52776
New Chicago town, IN
Quick answer
New Chicago town has 2,348 residents, ranking #204 of 976 places in Indiana. Median household income is $54,700, the median home is worth $118,900 and median gross rent runs $1,090 a month.
- Population
- 2,348New Chicago town residents
- Median household income
- $54,700Past 12 months, inflation adjusted
- Median home value
- $118,900Owner-occupied units
- Median gross rent
- $1,090Rent plus utilities, monthly
- Median age
- 30.4 yrsAll residents
- Homeownership rate
- 68.2%Owner-occupied households
What the numbers mean in New Chicago town
Housing cost measured against local earnings.
A household earning the New Chicago town median would spend about 23.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.9% of residents and 68.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Winamac town 2,445
- Bloomfield town 2,440
- Brooklyn town 2,410
- Ferdinand town 2,346
- Spencer town 2,308
- Fowler town 2,286
- Jasonville city 2,269
Keep going
More Indiana coverage.