City

New Point, IN

1 ZIP code  ·  Decatur County  ·  Indiana

👥172Population
💰$75,417Median HH Income≈ Avg
🎂42.1Median Age
🏠$122,700Median Home Value▼ 56% below avg
🎓11.3%College Grads▼ 71% below avg
📊2.2%Unemployment▼ 55% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.4% Female 50.6% ♀

Race & Ethnicity

White: 83.1%Hispanic: 8.7%Other: 8.1%Race
White83.1%
Hispanic8.7%
Other8.1%

Age Breakdown

Under 5
2%
5–17
19%
18–24
7%
25–44
34%
45–64
25%
65+
3%

Key Indicators

Median Age42.1 yrs
Avg HH Size2.69
Below Poverty8.1% ▼ 19% below avg
College Grads11.3% ▼ 71% below avg
Unemployment2.2% ▼ 55% below avg
No HS Diploma9 (8.5%)
HS Graduate48 (45.3%)
Some College17 (16%)
Associates20 (18.9%)
Bachelors2 (1.9%)
Graduate Degree10 (9.4%)

Education

No HS: 8.5%HS Grad: 45.3%Some College: 16%Associates: 18.9%Bachelors: 1.9%Graduate: 9.4%Edu
No HS8.5%
HS Grad45.3%
Some College16.0%
Associates18.9%
Bachelors1.9%
Graduate9.4%
Housing & Income

Housing Tenure

Owner: 68.8%Renter: 31.3%Tenure
Owner68.8%
Renter31.3%

Home Value Distribution

Under $50k
7%
$50k–$100k
20%
$100k–$150k
41%
$150k–$200k
27%
$200k–$300k
5%

Financials

Median HH Income$75,417 ≈ Avg
Median Home Value$122,700 ▼ 56% below avg
Home/Income Ratio1.6x (nat avg ~3.5x)
Median Rent$1,167/mo
Total Housing Units107
Vacant Units43

Income Distribution

Under $25k
7%
$25k–$50k
16%
$50k–$75k
21%
$75k–$100k
19%
$100k–$150k
29%
$150k–$200k
9%
Employment & Commute

How People Get to Work

Drove Alone
96%
Walked
4%

Commute Time

Under 15 min
35%
15–30 min
53%
30–45 min
11%
Over 45 min
1%
Housing Stock

Year Built

1940s–1950s
7%
1960s–1970s
7%
1980s–1990s
11%
2000+
75%
About New Point, IN

New Point is a city in Indiana, located in Decatur County. The city spans 1 ZIP code and is home to approximately 172 residents. It is a middle-aged city, with a median age of 42.1 years.

Economically, New Point is a middle-income community. The median household income of $75,417 is near the national average. Approximately 8.1% of residents live below the poverty line. The unemployment rate is 2.2%, well below the national average.

The real estate market in New Point is one of the more affordable housing markets in the country. Median home values stand at $122,700, which is well below the national average. Renters typically pay around $1,167 per month. Homeownership is high at 68.8%, typical of suburban and family-oriented communities.

The population of New Point is less-educated. 11.3% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (83.14%).

New Point, IN offers residents a cost-conscious lifestyle within Indiana.

ZIP Codes in New Point
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47263 172 $75,417 $122,700 $1,167 2.2% 11.3% 68.8%