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ZipNumbers

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

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