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New Chicago, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,225
Population
$57,313
Median Income
$134,100
Home Value
32.4
Median Age

Demographics

New Chicago has a population of 2,225 with a median age of 32.4. Here is the racial and ethnic breakdown of the population:

White
61.1%
Hispanic
43.5%
Black
1.8%
Asian
1.2%
Demographic Value
Total Population2,225
Median Age32.4
White61.1%
Black or African American1.8%
Asian1.2%
Hispanic or Latino43.5%
New Chicago, Indiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 108.White: 56.8%Hispanic/Latino: 40.4%Other: 2.8%2,225PopulationWhiteWhite56.8%Hispanic/LatinoHispanic/Latino40.4%OtherOther2.8%

Income & Economy

The median household income in New Chicago is $57,313, which is 28.9% below the national median of $80,610. The per capita income is $27,883. The poverty rate is 16.7%.

$57,313
Median Household Income
$27,883
Per Capita Income
16.7%
Poverty Rate

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Education

In New Chicago, 81.0% of residents age 25+ have a high school diploma or higher, and 13.4% hold a bachelor's degree or higher (3.8% with a graduate or professional degree).

HS Diploma+
81.0%
Bachelor's+
13.4%
Graduate+
3.8%
Education Level % of Adults (25+)
High School Diploma or Higher81.0%
Bachelor's Degree or Higher13.4%
Graduate or Professional Degree3.8%

Housing

The median home value in New Chicago is $134,100, below the national median of $303,400. The median monthly rent is $1,141. The homeownership rate is 68.2%.

$134,100
Median Home Value
$1,141/mo
Median Rent
68.2%
Homeownership Rate
Housing Metric Value
Median Home Value$134,100
Median Monthly Rent$1,141
Homeownership Rate68.2%
Vacancy Rate12.4%

Salaries in Indiana

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of New Chicago, Indiana?
The population of New Chicago, Indiana is 2,225 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Chicago, Indiana?
The median household income in New Chicago, Indiana is $57,313. This is 28.9% below the national median of $80,610.
What is the median home value in New Chicago, Indiana?
The median home value in New Chicago, Indiana is $134,100. The median monthly rent is $1,141.
What percentage of people in New Chicago have a college degree?
In New Chicago, Indiana, 13.4% of adults age 25 and older hold a bachelor's degree or higher, and 81.0% have a high school diploma or higher.
Is New Chicago, Indiana an affordable place to live?
The home price-to-income ratio in New Chicago, Indiana is 2.3x (median home value $134,100 vs. median income $57,313), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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