New Lebanon, IN
Population 206 · Indiana
About New Lebanon, IN
New Lebanon is a small community located in Indiana with a population of 206 residents according to the latest US Census Bureau American Community Survey data. The median household income is $109,076 per year, which is 45% above the national median of $75,149. The median age of 31.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in New Lebanon features a median home value of $140,800, which is 43% below the national median of $244,900. This makes New Lebanon one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 77 total housing units, 100% are owner-occupied (77 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Lebanon shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Lebanon have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
37.9% of New Lebanon 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in New Lebanon, IN
Compared to national averages, New Lebanon has a median household income of $109,076 (45% above the national median of $75,149). Home values average $140,800, which is 43% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, New Lebanon's income is 57% above the state average of $69,330, and home values are 14% below the state median of $163,409.
Why Live in New Lebanon, IN?
New Lebanon offers a strong local economy with a median household income of $109,076, well above the national average, and affordable housing with a median home value of $140,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 37.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.4%, better than the national average, and short commute times averaging just 0 minutes.
New Lebanon has a population of 206 with a median age of 31.5 years. Compare New Lebanon with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near New Lebanon
Cities in Indiana with a similar population size.
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 Lebanon With Other Cities
Frequently Asked Questions about New Lebanon
What is the population of New Lebanon, IN?
The population of New Lebanon, IN is 206 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 Lebanon?
The median household income in New Lebanon, IN is $109,076 per year, which is 45% above the national median of $75,149.
What is the median home value in New Lebanon?
The median home value in New Lebanon, IN is $140,800, which is 43% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Lebanon?
The median monthly rent in New Lebanon, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in New Lebanon?
The unemployment rate in New Lebanon, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Lebanon, IN a good place to live?
New Lebanon offers above-average incomes, affordable housing, and a strong job market. With a population of 206 and a median age of 31.5, the city appeals to young professionals and families.
How educated is New Lebanon, IN?
37.9% of residents in New Lebanon aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in New Lebanon?
Key cost-of-living indicators for New Lebanon, IN: median home value is $140,800 (43% below national), median rent is $0/month, and median household income is $109,076. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Lebanon?
The poverty rate in New Lebanon, IN is 3.4%, 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 Lebanon, IN?
New Lebanon's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.