Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.0 yrs |
|---|---|
| Avg HH Size | 2.68 |
| Below Poverty | 3.7% ▼ 63% below avg |
| College Grads | 52.6% ▲ 36% above avg |
| Unemployment | 1.6% ▼ 66% below avg |
| No HS Diploma | 42 (0.5%) |
| HS Graduate | 2,243 (24.3%) |
| Some College | 930 (10.1%) |
| Associates | 1,160 (12.6%) |
| Bachelors | 783 (8.5%) |
| Graduate Degree | 4,071 (44.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $111,378 ▲ 46% above avg |
|---|---|
| Median Home Value | $313,000 ▲ 12% above avg |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $1,232/mo |
| Total Housing Units | 5,476 |
| Vacant Units | 141 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Palestine is a city in Indiana, located in Hancock County. The city spans 1 ZIP code and is home to approximately 14,318 residents. It is a middle-aged city, with a median age of 43 years.
Economically, New Palestine is a upper-middle-income community. The median household income of $111,378 is above the national average. Approximately 3.7% of residents live below the poverty line. The unemployment rate is 1.6%, well below the national average.
The real estate market in New Palestine is a mid-range housing market. Median home values stand at $313,000, which is near the national average. Renters typically pay around $1,232 per month. Homeownership is high at 92.8%, typical of suburban and family-oriented communities.
The population of New Palestine is well-educated. 52.6% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (92.37%).
New Palestine, IN offers residents above-average earning potential within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46163 | 14,318 | $111,378 | $313,000 | $1,232 | 1.6% | 52.6% | 92.8% |