New Palestine, IN
Population 3,027 · Indiana
About New Palestine, IN
New Palestine is a small community in Indiana with a population of 3,027 residents. The median household income is $93,170 per year, which is above the national average. The median age in New Palestine is 42.9 years.
Housing in New Palestine has a median home value of $320,300 and median monthly rent of $1,200. Of the 1,242 total housing units, the majority are owner-occupied, with 960 owner-occupied and 255 renter-occupied units.
The unemployment rate in New Palestine is 4.3% and the poverty rate is 5.8%. 39.1% of residents hold a bachelor's degree or higher. The average commute time is 30.8 minutes.
Cost of Living in New Palestine, IN
Compared to national averages, New Palestine has a median household income of $93,170 (24% above the national median of $75,149). Home values average $320,300, which is 31% above the national median. Monthly rent at $1,200 is 3% above the US average of $1,163. Within Indiana, New Palestine's income is 34% above the state average of $69,330, and home values are 96% above the state median of $163,409.
Why Live in New Palestine, IN?
New Palestine offers a strong local economy with a median household income of $93,170, well above the national average, and a well-educated community where 39.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.8%, better than the national average.
New Palestine has a population of 3,027 with a median age of 42.9 years. Compare New Palestine with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near New Palestine
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Shorewood Forest | 3,030 | $151,382 | $449,400 | Compare |
| Brownstown | 3,020 | $62,222 | $138,100 | Compare |
| Albany | 2,984 | $56,356 | $103,600 | Compare |
| Covington | 3,112 | $54,962 | $162,100 | Compare |
| Delphi | 2,913 | $43,548 | $120,400 | Compare |
| Heritage Lake | 2,913 | $81,495 | $237,300 | Compare |
| Corydon | 3,165 | $57,002 | $162,300 | Compare |
| Grissom AFB | 2,882 | $52,829 | $84,700 | 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.
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Frequently Asked Questions about New Palestine
What is the population of New Palestine, IN?
The population of New Palestine, IN is 3,027 according to the latest Census data.
What is the median household income in New Palestine?
The median household income in New Palestine, IN is $93,170 per year.
What is the median home value in New Palestine?
The median home value in New Palestine, IN is $320,300.
What is the average rent in New Palestine?
The median monthly rent in New Palestine, IN is $1,200.
What is the unemployment rate in New Palestine?
The unemployment rate in New Palestine, IN is 4.3%.