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New Goshen CDP, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.2x is exceptionally low

As of 2026, New Goshen CDP, Indiana has a total population of 649, the 452nd largest city in Indiana, with a median household income of $81,528, which is 16% higher than the state average. The poverty rate is 5.4%.

Key Takeaways

New Goshen CDP Quick Facts

Population 649
Median Household Income $81,528
Median Home Value $96,100
Poverty Rate 5.4%
Unemployment Rate 11.8%
Median Age 24.4 years
Homeownership Rate 72.8%
Affordability Ratio 1.2x
Bachelor's Degree or Higher 16.5%
High School Graduation Rate 94.2%
Diversity Index 37/100
Population 649 452nd of 967
Median Income $81,528 top 30%
Poverty Rate 5.4% 57% lower national
Median Home Value $96,100 bottom 30%

How New Goshen CDP Compares

Economy & Housing

Employment

11.8% Unemployment Rate State: 4.3% | National: 5.2%
77.8% Labor Force Participation

Housing Overview

Owner 72.8%
Renter 27.2%
Affordability Index Very Affordable
1.2x home value to income ratio

People & Demographics

Diversity Index

37out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

New Goshen CDP Rankings in Indiana

#452 Population of 967
#186 Median Income of 967
#410 Education of 967
#633 Home Value of 967

Cities Similar to New Goshen CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Milroy CDP629$81,875$105,00021.8%3.1%
Cynthiana town663$75,625$115,60010.8%6.3%
Sharpsville town663$90,978$117,80033.2%6.8%
Pleasant View CDP590N/A$277,80039.3%6.1%
Hillsboro town643$67,750$93,10013.1%11.0%

Population Overview

New Goshen CDP is a small community located in Indiana. The total population is 649. It ranks as the 452nd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in New Goshen CDP is 24.4 years. This is 36% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in New Goshen CDP is $81,528. This is 16% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 4% higher. The poverty rate stands at 5.4%. This is 56% lower than the state poverty rate of 12.2%. The unemployment rate is 11.8%. This is 174% higher than the state rate of 4.3%. The median home value is $96,100. Housing costs are 52% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.2x, New Goshen CDP is one of the most affordable housing markets in the area. 72.8% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in New Goshen CDP is White (non-Hispanic), making up 77.8% of the population. Black or African American residents account for 8.2%.

Education

16.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% 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 94.2%.

Data Sources & Methodology

All demographic data for New Goshen CDP, 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 Goshen CDP, Indiana?

New Goshen CDP, Indiana has a population of 649 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Goshen CDP, IN?

The median household income in New Goshen CDP is $81,528, which is 4% higher the national median of $78,538.

What is the poverty rate in New Goshen CDP, IN?

The poverty rate in New Goshen CDP is 5.4%. This means approximately 35 residents live below the federal poverty line.

What is the racial makeup of New Goshen CDP, Indiana?

New Goshen CDP's population is 77.8% White, 8.2% Black, 4.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in New Goshen CDP, IN?

The median home value in New Goshen CDP is $96,100. The home-value-to-income ratio is 1.2x.

How educated is New Goshen CDP, Indiana?

16.5% of adults (25+) in New Goshen CDP hold a bachelor's degree or higher, and 10.7% hold a graduate or professional degree.