Indiana · Census place 53388
New Pekin town, IN
Quick answer
New Pekin town has 1,377 residents, ranking #291 of 976 places in Indiana. Median household income is $50,500, the median home is worth $116,000 and median gross rent runs $837 a month.
- Population
- 1,377New Pekin town residents
- Median household income
- $50,500Past 12 months, inflation adjusted
- Median home value
- $116,000Owner-occupied units
- Median gross rent
- $837Rent plus utilities, monthly
- Median age
- 38 yrsAll residents
- Homeownership rate
- 64%Owner-occupied households
What the numbers mean in New Pekin town
Housing cost measured against local earnings.
A household earning the New Pekin town median would spend about 19.9% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.3% of residents and 64% 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.
- Otterbein town 1,414
- South Whitley town 1,412
- Warren Park town 1,411
- Russiaville town 1,374
- Pierceton town 1,349
- Culver town 1,346
- Farmland town 1,345
Keep going
More Indiana coverage.