New Washington, IN
Population 432 · Indiana
About New Washington, IN
New Washington is a small community in Indiana with a population of 432 residents. The median household income is $84,141 per year, which is above the national average. The median age in New Washington is 43.9 years.
Housing in New Washington has a median home value of $193,000 and median monthly rent of $0. Of the 185 total housing units, the majority are owner-occupied, with 124 owner-occupied and 23 renter-occupied units.
The unemployment rate in New Washington is 0.0% and the poverty rate is 5.8%. 12.3% of residents hold a bachelor's degree or higher. The average commute time is 28 minutes.
Cost of Living in New Washington, IN
Compared to national averages, New Washington has a median household income of $84,141 (12% above the national median of $75,149). Home values average $193,000, which is 21% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, New Washington's income is 21% above the state average of $69,330, and home values are 18% above the state median of $163,409.
Why Live in New Washington, IN?
New Washington offers a strong local economy with a median household income of $84,141, well above the national average, and affordable housing with a median home value of $193,000, 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 low poverty rate of 5.8%, better than the national average.
New Washington has a population of 432 with a median age of 43.9 years. Compare New Washington with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near New Washington
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Michiana Shores | 433 | $92,500 | $448,300 | Compare |
| Waveland | 431 | $60,956 | $96,800 | Compare |
| Big Lake | 430 | $120,625 | $216,200 | Compare |
| Otwell | 430 | $47,422 | $126,200 | Compare |
| Center | 436 | $83,569 | $239,500 | Compare |
| Chain-O-Lakes | 427 | $71,010 | $255,300 | Compare |
| Wilkinson | 427 | $63,500 | $132,500 | Compare |
| Amo | 426 | $76,250 | $151,600 | 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 Washington
What is the population of New Washington, IN?
The population of New Washington, IN is 432 according to the latest Census data.
What is the median household income in New Washington?
The median household income in New Washington, IN is $84,141 per year.
What is the median home value in New Washington?
The median home value in New Washington, IN is $193,000.
What is the average rent in New Washington?
The median monthly rent in New Washington, IN is $0.
What is the unemployment rate in New Washington?
The unemployment rate in New Washington, IN is 0.0%.