New Palestine, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, New Palestine, Indiana had a total population of 3,227, the 171st largest town in Indiana, with a median household income of $96,923, which is 35% higher than the state average. The poverty rate is 5.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 35% above the state average — one of the wealthiest communities in Indiana.
- 41.9% of adults hold a bachelor's degree or higher — top 10% in Indiana.
New Palestine Quick Facts
How New Palestine 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 | 3,027 | 3,227 | +6.6% |
| Median household income | $93,170 | $96,923 | +4.0% |
| Median home value | $320,300 | $357,500 | +11.6% |
How New Palestine 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
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
New Palestine Rankings in Indiana
Explore Indiana Rankings
Other Cities in Hancock County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Greenfield | 24,940 | $76,127 | 5.3% | $216,400 |
| McCordsville | 10,329 | $110,692 | 0.9% | $345,400 |
| Fortville | 4,976 | $84,000 | 5.1% | $254,900 |
| Shirley | 1,022 | $67,083 | 9.4% | $113,100 |
| Wilkinson | 385 | $81,250 | 4.7% | $133,700 |
| Spring Lake | 224 | $50,938 | 0.9% | $169,400 |
Cities Similar to New Palestine
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Melody Hill | 3,243 | $93,906 | $201,600 | 33.9% | 4.4% |
| Heritage Lake | 3,227 | $87,568 | $262,900 | 25.1% | 13.3% |
| Syracuse | 3,233 | $71,833 | $199,400 | 19.3% | 4.2% |
| Smithville-Sanders | 3,299 | $74,750 | $259,100 | 38.4% | 5.5% |
| Attica | 3,238 | $68,931 | $118,000 | 10.7% | 16.6% |
Population Overview
New Palestine is a small community located in Indiana, within Hancock County. The total population is 3,227. It ranks as the 171st most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in New Palestine is 40.4 years. This is 6% higher than the state median of 38.1 years.
Economy, Income & Housing
The median household income in New Palestine is $96,923. This is 35% higher than the state median of $71,957. It is also 20% higher than the national median of $80,734. The poverty rate stands at 5.7%. This is 53% lower than the state poverty rate of 12.3%. The unemployment rate is 4.1%. This is 4% lower than the state rate of 4.3%. The median home value is $357,500. Housing costs are 64% higher than the state median of $218,200. The home-value-to-income ratio is 3.7x. 80.3% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 70.5%.
Race & Ethnicity
New Palestine has a predominantly White (non-Hispanic) population, comprising 90.6% of all residents. Asian residents account for 3.0%. The Black or African American population (1.7%) is well below the state average of 9.1%. The Hispanic or Latino population (1.7%) is well below the state average of 8.6%.
Education
41.9% of residents aged 25 and older hold a bachelor's degree or higher. This places New Palestine in the top 10% of all cities in the state for educational attainment. This is 42% higher 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 93.9%.
Data Sources & Methodology
All demographic data for New Palestine, 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 Palestine, Indiana?
New Palestine, Indiana has a population of 3,227 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in New Palestine, IN?
The median household income in New Palestine is $96,923, which is 20% higher than the national median of $80,734.
What is the poverty rate in New Palestine, IN?
The poverty rate in New Palestine is 5.7%. This means approximately 183 residents live below the federal poverty line.
What is the racial makeup of New Palestine, Indiana?
New Palestine's population is 90.6% White, 1.7% Black, 1.7% Hispanic/Latino, and 3.0% Asian.
What is the median home value in New Palestine, IN?
The median home value in New Palestine is $357,500. The home-value-to-income ratio is 3.7x.
How educated is New Palestine, Indiana?
41.9% of adults (25+) in New Palestine hold a bachelor's degree or higher, and 9.9% hold a graduate or professional degree.