Newburgh, IN
Population 3,370 · Indiana
About Newburgh, IN
Newburgh is a small town located in Indiana with a population of 3,370 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,431 per year, which is 4% below the national median of $75,149. The median age of 52.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Newburgh features a median home value of $216,300, which is 12% below the national median of $244,900. This positions Newburgh in a moderately priced market relative to the rest of the country. Median monthly rent is $885, 24% below the national average of $1,163/month. Of the 1,832 total housing units, 77% are owner-occupied (1,284 units) and 23% are renter-occupied (373 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Newburgh shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Newburgh have an average one-way commute time of 20.6 minutes.
Education & Demographics
33.2% of Newburgh 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 1.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Newburgh, IN
Compared to national averages, Newburgh has a median household income of $72,431 (4% below the national median of $75,149). Home values average $216,300, which is 12% below the national median. Monthly rent at $885 is 24% below the US average of $1,163. Within Indiana, Newburgh's income is 4% above the state average of $69,330, and home values are 32% above the state median of $163,409.
Why Live in Newburgh, IN?
Newburgh offers affordable housing with a median home value of $216,300, below the US average of $244,900, and rent that’s lower than the national average at $885/month, and a strong job market with an unemployment rate of just 1.7%. Additionally, the city features a low poverty rate of 6.7%, better than the national average, and short commute times averaging just 20.6 minutes.
Potential considerations include median household income ($72,431) that falls below the national average. However, Newburgh’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Newburgh has a population of 3,370 with a median age of 52.2 years. Compare Newburgh with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Newburgh
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sheridan | 3,355 | $65,104 | $177,200 | Compare |
| Ossian | 3,342 | $67,641 | $184,000 | Compare |
| Fort Branch | 3,412 | $62,500 | $181,900 | Compare |
| Melody Hill | 3,435 | $90,561 | $192,000 | Compare |
| Paoli | 3,274 | $45,926 | $134,300 | Compare |
| Union City | 3,477 | $37,202 | $80,100 | Compare |
| Syracuse | 3,232 | $63,894 | $173,800 | Compare |
| Roselawn | 3,231 | $80,061 | $185,200 | 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 Newburgh With Other Cities
Frequently Asked Questions about Newburgh
What is the population of Newburgh, IN?
The population of Newburgh, IN is 3,370 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 Newburgh?
The median household income in Newburgh, IN is $72,431 per year, which is 4% below the national median of $75,149.
What is the median home value in Newburgh?
The median home value in Newburgh, IN is $216,300, which is 12% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Newburgh?
The median monthly rent in Newburgh, IN is $885, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Newburgh?
The unemployment rate in Newburgh, IN is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Newburgh, IN a good place to live?
Newburgh offers a moderate cost of living, affordable housing, and a strong job market. With a population of 3,370 and a median age of 52.2, the city appeals to established professionals and retirees.
How educated is Newburgh, IN?
33.2% of residents in Newburgh 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 Newburgh?
Key cost-of-living indicators for Newburgh, IN: median home value is $216,300 (12% below national), median rent is $885/month, and median household income is $72,431. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Newburgh?
The poverty rate in Newburgh, IN is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Newburgh, IN?
Newburgh's population is 1.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 0.4% two or more races. 0.0% of residents are foreign-born.