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ZipNumbers

Indiana · Census place 53478

New Point town, IN

Quick answer

New Point town has 252 residents, ranking #660 of 976 places in Indiana. Median household income is $60,179, the median home is worth $125,000 and median gross rent runs $1,153 a month.

Population
252New Point town residents
Median household income
$60,179Past 12 months, inflation adjusted
Median home value
$125,000Owner-occupied units
Median gross rent
$1,153Rent plus utilities, monthly
Median age
42.3 yrsAll residents
Homeownership rate
78.1%Owner-occupied households

What the numbers mean in New Point town

Housing cost measured against local earnings.

A household earning the New Point town median would spend about 23% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.9% of residents and 78.1% 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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