New Harmony, IN
Population 867 · Indiana
About New Harmony, IN
New Harmony is a small community located in Indiana with a population of 867 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,809 per year, which is 32% below the national median of $75,149. The median age of 47.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in New Harmony features a median home value of $177,400, which is 28% below the national median of $244,900. This positions New Harmony in a moderately priced market relative to the rest of the country. Median monthly rent is $897, 23% below the national average of $1,163/month. Of the 431 total housing units, 74% are owner-occupied (265 units) and 26% are renter-occupied (95 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Harmony shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Harmony have an average one-way commute time of 24.4 minutes.
Education & Demographics
31.1% of New Harmony residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in New Harmony, IN
Compared to national averages, New Harmony has a median household income of $50,809 (32% below the national median of $75,149). Home values average $177,400, which is 28% below the national median. Monthly rent at $897 is 23% below the US average of $1,163. Within Indiana, New Harmony's income is 27% below the state average of $69,330, and home values are 9% above the state median of $163,409.
Why Live in New Harmony, IN?
New Harmony offers affordable housing with a median home value of $177,400, below the US average of $244,900, and rent that’s lower than the national average at $897/month, and a low poverty rate of 6.8%, better than the national average. Additionally, the city features short commute times averaging just 24.4 minutes.
Potential considerations include median household income ($50,809) that falls below the national average. However, New Harmony’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Harmony has a population of 867 with a median age of 47.3 years. Compare New Harmony with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near New Harmony
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Enchanted Hills | 867 | $67,642 | $199,200 | Compare |
| St. Mary of the Woods | 869 | $19,141 | $168,800 | Compare |
| Tecumseh | 870 | $92,708 | $240,700 | Compare |
| Lanesville | 871 | $80,473 | $208,000 | Compare |
| Lyons | 862 | $57,917 | $76,300 | Compare |
| Swayzee | 872 | $66,250 | $118,800 | Compare |
| La Fontaine | 873 | $50,875 | $83,800 | Compare |
| Clayton | 874 | $83,500 | $214,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare New Harmony With Other Cities
Frequently Asked Questions about New Harmony
What is the population of New Harmony, IN?
The population of New Harmony, IN is 867 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in New Harmony?
The median household income in New Harmony, IN is $50,809 per year, which is 32% below the national median of $75,149.
What is the median home value in New Harmony?
The median home value in New Harmony, IN is $177,400, which is 28% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Harmony?
The median monthly rent in New Harmony, IN is $897, which is 23% below the national average of $1,163/month.
What is the unemployment rate in New Harmony?
The unemployment rate in New Harmony, IN is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is New Harmony, IN a good place to live?
New Harmony offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 867 and a median age of 47.3, the city appeals to established professionals and retirees.
How educated is New Harmony, IN?
31.1% of residents in New Harmony aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in New Harmony?
Key cost-of-living indicators for New Harmony, IN: median home value is $177,400 (28% below national), median rent is $897/month, and median household income is $50,809. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Harmony?
The poverty rate in New Harmony, IN is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is New Harmony, IN?
New Harmony's population is 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.6% two or more races. 2.2% of residents are foreign-born.