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ZipNumbers

Indiana · Census place 53352

New Palestine town, IN

Quick answer

New Palestine town has 3,027 residents, ranking #177 of 976 places in Indiana. Median household income is $93,170, the median home is worth $320,300 and median gross rent runs $1,200 a month.

Population
3,027New Palestine town residents
Median household income
$93,170Past 12 months, inflation adjusted
Median home value
$320,300Owner-occupied units
Median gross rent
$1,200Rent plus utilities, monthly
Median age
42.9 yrsAll residents
Homeownership rate
79%Owner-occupied households

What the numbers mean in New Palestine town

Housing cost measured against local earnings.

A household earning the New Palestine town median would spend about 15.5% 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.8% of residents and 79% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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