New Goshen, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, New Goshen, Indiana had a total population of 526, the 501st largest community in Indiana, with a median household income of $68,214, which is 5% lower than the state average. The poverty rate is 5.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.4x.
- Unemployment rate of 8.5% is notably above the national average.
New Goshen Quick Facts
How New Goshen Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 649 | 526 | -19.0% |
| Median household income | $81,528 | $68,214 | -16.3% |
| Median home value | $96,100 | $95,000 | -1.1% |
How New Goshen Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
New Goshen Rankings in Indiana
Explore Indiana Rankings
Other Cities in Vigo County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Terre Haute | 58,427 | $43,126 | 24.6% | $115,700 |
| North Terre Haute | 4,534 | $54,640 | 15.7% | $152,900 |
| West Terre Haute | 2,092 | $53,676 | 10.5% | $74,100 |
| Seelyville | 986 | $56,994 | 10.5% | $151,900 |
| St. Mary of the Woods | 959 | $28,114 | 35.4% | N/A |
| Tecumseh | 638 | $91,750 | 9.3% | $251,000 |
| Riley | 441 | $77,083 | 21.4% | $108,800 |
| Toad Hop | 257 | $90,938 | 0.0% | $93,800 |
| Shepardsville | 115 | N/A | 0.0% | $76,200 |
| Fontanet | 63 | N/A | 55.6% | N/A |
Cities Similar to New Goshen
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Chalmers | 526 | $70,500 | $162,500 | 17.3% | 8.0% |
| New Market | 509 | $67,969 | $142,300 | 12.1% | 1.8% |
| Lake Eliza | 545 | N/A | $173,000 | 5.6% | 10.3% |
| St. Bernice | 554 | N/A | $92,700 | 0.0% | 3.8% |
| Francisco | 537 | $63,836 | $98,300 | 10.3% | 14.3% |
A note before these figures: with a population of 526, New Goshen's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
New Goshen is a small community located in Indiana, within Vigo County. The total population is 526. It ranks as the 501st most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in New Goshen is 24.5 years. This is 36% lower than the state median of 38.1 years.
Economy, Income & Housing
The median household income in New Goshen is $68,214. This is 5% lower than the state median of $71,957. It is also 16% lower than the national median of $80,734. The poverty rate stands at 5.9%. This is 52% lower than the state poverty rate of 12.3%. The unemployment rate is 8.5%. This is 98% higher than the state rate of 4.3%. The median home value is $95,000. Housing costs are 56% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.4x, New Goshen is one of the most affordable housing markets in the area. 82.7% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 70.5%.
Race & Ethnicity
The largest racial or ethnic group in New Goshen is White (non-Hispanic), making up 72.4% of the population. Black or African American residents account for 9.7%.
Education
19.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.7%. Notably, 16.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for New Goshen, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of New Goshen, Indiana?
New Goshen, Indiana has a population of 526 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in New Goshen, IN?
The median household income in New Goshen is $68,214, which is 16% lower than the national median of $80,734.
What is the poverty rate in New Goshen, IN?
The poverty rate in New Goshen is 5.9%. This means approximately 31 residents live below the federal poverty line.
What is the racial makeup of New Goshen, Indiana?
New Goshen's population is 72.4% White, 9.7% Black, 6.3% Hispanic/Latino, and 0.0% Asian.
What is the median home value in New Goshen, IN?
The median home value in New Goshen is $95,000. The home-value-to-income ratio is 1.4x.
How educated is New Goshen, Indiana?
19.1% of adults (25+) in New Goshen hold a bachelor's degree or higher, and 16.7% hold a graduate or professional degree.