New Point, IN
Population 252 · Indiana
About New Point, IN
New Point is a small community in Indiana with a population of 252 residents. The median household income is $60,179 per year, which is near the national average. The median age in New Point is 42.3 years.
Housing in New Point has a median home value of $125,000 and median monthly rent of $1,153. Of the 148 total housing units, the majority are owner-occupied, with 82 owner-occupied and 23 renter-occupied units.
The unemployment rate in New Point is 3.1% and the poverty rate is 9.9%. 10.5% of residents hold a bachelor's degree or higher. The average commute time is 18.8 minutes.
Cost of Living in New Point, IN
Compared to national averages, New Point has a median household income of $60,179 (20% below the national median of $75,149). Home values average $125,000, which is 49% below the national median. Monthly rent at $1,153 is 1% below the US average of $1,163. Within Indiana, New Point's income is 13% below the state average of $69,330, and home values are 24% below the state median of $163,409.
Why Live in New Point, IN?
New Point offers affordable housing with a median home value of $125,000, below the US average of $244,900, and rent that’s lower than the national average at $1,153/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features a low poverty rate of 9.9%, better than the national average, and short commute times averaging just 18.8 minutes.
Potential considerations include median household income ($60,179) that falls below the national average. However, New Point’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Point has a population of 252 with a median age of 42.3 years. Compare New Point with other cities to see how it stacks up, or explore all cities in Indiana.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Point
What is the population of New Point, IN?
The population of New Point, IN is 252 according to the latest Census data.
What is the median household income in New Point?
The median household income in New Point, IN is $60,179 per year.
What is the median home value in New Point?
The median home value in New Point, IN is $125,000.
What is the average rent in New Point?
The median monthly rent in New Point, IN is $1,153.
What is the unemployment rate in New Point?
The unemployment rate in New Point, IN is 3.1%.