Indiana · Census place 53532
New Richmond town, IN
Quick answer
New Richmond town has 441 residents, ranking #538 of 976 places in Indiana. Median household income is $80,104, the median home is worth $81,500 and median gross rent runs $1,063 a month.
- Population
- 441New Richmond town residents
- Median household income
- $80,104Past 12 months, inflation adjusted
- Median home value
- $81,500Owner-occupied units
- Median gross rent
- $1,063Rent plus utilities, monthly
- Median age
- 37.5 yrsAll residents
- Homeownership rate
- 92%Owner-occupied households
What the numbers mean in New Richmond town
Housing cost measured against local earnings.
A household earning the New Richmond town median would spend about 15.9% 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 1.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.3% of residents and 92% 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.
- Center Point town 442
- Hatfield CDP 442
- Chrisney town 441
- Delaware CDP 438
- Center CDP 436
- Michiana Shores town 433
- New Washington CDP 432
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