New Paris, IN
Population 1,630 · Indiana
About New Paris, IN
New Paris is a small town located in Indiana with a population of 1,630 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,750 per year, which is 5% below the national median of $75,149. The median age of 35.3 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 Paris features a median home value of $173,100, which is 29% below the national median of $244,900. This positions New Paris in a moderately priced market relative to the rest of the country. Median monthly rent is $1,066, 8% below the national average of $1,163/month. Of the 562 total housing units, 84% are owner-occupied (474 units) and 16% are renter-occupied (88 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Paris 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 12.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Paris have an average one-way commute time of 18.9 minutes, one of the shorter commutes in the region.
Education & Demographics
9.6% of New Paris residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 11.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 4.9% of the population being foreign-born.
Cost of Living in New Paris, IN
Compared to national averages, New Paris has a median household income of $71,750 (5% below the national median of $75,149). Home values average $173,100, which is 29% below the national median. Monthly rent at $1,066 is 8% below the US average of $1,163. Within Indiana, New Paris's income is 3% above the state average of $69,330, and home values are 6% above the state median of $163,409.
Why Live in New Paris, IN?
New Paris offers affordable housing with a median home value of $173,100, below the US average of $244,900, and rent that’s lower than the national average at $1,066/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 12.2%, better than the national average, and short commute times averaging just 18.9 minutes.
Potential considerations include median household income ($71,750) that falls below the national average. However, New Paris’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Paris has a population of 1,630 with a median age of 35.3 years. Compare New Paris with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near New Paris
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Worthington | 1,634 | $41,534 | $67,600 | Compare |
| Cambridge City | 1,623 | $46,500 | $97,400 | Compare |
| Galena | 1,618 | $112,411 | $269,000 | Compare |
| Eaton | 1,656 | $49,076 | $85,600 | Compare |
| Greenville | 1,602 | $128,348 | $294,900 | Compare |
| Rossville | 1,601 | $68,657 | $177,200 | Compare |
| Westport | 1,666 | $52,083 | $136,500 | Compare |
| Osgood | 1,583 | $50,799 | $116,200 | 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 Paris With Other Cities
Frequently Asked Questions about New Paris
What is the population of New Paris, IN?
The population of New Paris, IN is 1,630 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in New Paris?
The median household income in New Paris, IN is $71,750 per year, which is 5% below the national median of $75,149.
What is the median home value in New Paris?
The median home value in New Paris, IN is $173,100, which is 29% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Paris?
The median monthly rent in New Paris, IN is $1,066, which is 8% below the national average of $1,163/month.
What is the unemployment rate in New Paris?
The unemployment rate in New Paris, 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 Paris, IN a good place to live?
New Paris offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,630 and a median age of 35.3, the city appeals to a broad range of residents.
How educated is New Paris, IN?
9.6% of residents in New Paris 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 Paris?
Key cost-of-living indicators for New Paris, IN: median home value is $173,100 (29% below national), median rent is $1,066/month, and median household income is $71,750. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Paris?
The poverty rate in New Paris, IN is 12.2%, 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 Paris, IN?
New Paris's population is 11.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 0.0% two or more races. 4.9% of residents are foreign-born.