New Chicago town, Indiana Demographics & Population 2026
As of 2026, New Chicago town, Indiana has a total population of 2,348, the 204th largest city in Indiana, with a median household income of $54,700, which is 22% lower than the state average. The poverty rate is 15.9%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
New Chicago town Quick Facts
How New Chicago town Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
New Chicago town Rankings in Indiana
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Cities Similar to New Chicago town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Fowler town | 2,286 | $51,654 | $110,300 | 16.4% | 9.3% |
| Bloomfield town | 2,440 | $51,144 | $108,700 | 13.0% | 13.5% |
| Brooklyn town | 2,410 | $60,742 | $117,800 | 15.7% | 10.1% |
| Spencer town | 2,308 | $47,994 | $146,300 | 18.3% | 13.9% |
| Rising Sun city | 2,570 | $54,821 | $141,500 | 17.9% | 13.6% |
Population Overview
New Chicago town is a small community located in Indiana. The total population is 2,348. It ranks as the 204th most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in New Chicago town is 30.4 years. This is 20% lower than the state median of 38.0 years. With 30.1% of the population under 18, New Chicago town has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in New Chicago town is $54,700. This is 22% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 30% lower. The poverty rate stands at 15.9%. This is 31% higher than the state poverty rate of 12.2%. The unemployment rate is 7.8%. This is 83% higher than the state rate of 4.3%. The median home value is $118,900. Housing costs are 41% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.2x, New Chicago town is one of the most affordable housing markets in the area. 68.2% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 70.3%.
Race & Ethnicity
The largest racial or ethnic group in New Chicago town is White (non-Hispanic), making up 51.8% of the population. Hispanic or Latino residents account for 40.5%. The Black or African American population (2.0%) is well below the state average of 9.1%. The Hispanic or Latino population is significantly higher than the state average (40.5% vs 8.4%). The Asian population (1.1%) is well below the state average of 2.5%.
Education
17.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.7%.
Data Sources & Methodology
All demographic data for New Chicago town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of New Chicago town, Indiana?
New Chicago town, Indiana has a population of 2,348 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in New Chicago town, IN?
The median household income in New Chicago town is $54,700, which is 30% lower the national median of $78,538.
What is the poverty rate in New Chicago town, IN?
The poverty rate in New Chicago town is 15.9%. This means approximately 374 residents live below the federal poverty line.
What is the racial makeup of New Chicago town, Indiana?
New Chicago town's population is 51.8% White, 2.0% Black, 40.5% Hispanic/Latino, and 1.1% Asian.
What is the median home value in New Chicago town, IN?
The median home value in New Chicago town is $118,900. The home-value-to-income ratio is 2.2x.
How educated is New Chicago town, Indiana?
17.0% of adults (25+) in New Chicago town hold a bachelor's degree or higher, and 5.4% hold a graduate or professional degree.