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New Ross, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, New Ross, Indiana had a total population of 364, the 577th largest town in Indiana, with a median household income of $64,167, which is 11% lower than the state average. The poverty rate is 17.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

New Ross Quick Facts

Population 364
Median Household Income $64,167
Median Home Value $145,000
Poverty Rate 17.0%
Unemployment Rate 0.0%
Median Age 52.7 years
Homeownership Rate 91.6%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 10.7%
High School Graduation Rate 95.1%
Diversity Index 13/100
Population 364 577th of 967
Median Income $64,167 average
Poverty Rate 17.0% 37% higher than national
Median Home Value $145,000 average

How New Ross Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population381364-4.5%
Median household income$55,625$64,167+15.4%
Median home value$130,300$145,000+11.3%

How New Ross Compares

Economy & Housing

Household Income Distribution

Under $25K 12.7%
$25K-$50K 9.6%
$50K-$100K 55.4%
$100K+ 22.3%
Detailed income brackets
Under $10K
3.6%
$10K-$15K
3.6%
$15K-$20K
3.0%
$20K-$25K
2.4%
$25K-$30K
0.6%
$30K-$35K
0.6%
$35K-$40K
0.6%
$40K-$45K
6.6%
$45K-$50K
1.2%
$50K-$60K
26.5%
$60K-$75K
3.6%
$75K-$100K
25.3%
$100K-$125K
11.5%
$125K-$150K
3.6%
$150K-$200K
4.8%
$200K+
2.4%

Employment

0.0% Unemployment Rate State: 4.3%|National: 5.2%
58.9% Labor Force Participation

Housing Overview

Owner 91.6%
Renter 8.4%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $917/mo 17.1% of median household income annually

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

New Ross Rankings in Indiana

#577 Population of 967
#396 Median Income of 796
#627 Education of 966
#411 Home Value of 818

Other Cities in Montgomery County

CityPopulationMedian IncomePovertyHome Value
Crawfordsville 16,491 $55,033 15.2% $134,000
Ladoga 1,144 $61,667 11.2% $130,600
Lake Holiday 845 $109,306 0.0% $291,100
Waynetown 805 $60,583 16.5% $128,700
Darlington 798 $57,656 12.0% $120,500
Linden 590 $67,981 10.2% $141,800
New Market 509 $67,969 1.8% $142,300
Waveland 475 $52,292 18.5% $108,600
New Richmond 433 $80,329 6.9% $89,200
Wingate 296 $64,375 13.2% $76,000

Cities Similar to New Ross

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wolflake353N/A$105,9000.0%0.0%
Center Point377N/A$94,80021.5%11.7%
Johnson379N/AN/A9.4%2.4%
Otwell379N/A$134,3000.0%25.6%
Shipshewana Lake365$70,974$325,0000.0%0.0%

A note before these figures: with a population of 364, New Ross'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 Ross is a small community located in Indiana, within Montgomery County. The total population is 364. It ranks as the 577th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in New Ross is 52.7 years. This is 38% higher than the state median of 38.1 years. 13.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in New Ross is $64,167. This is 11% lower than the state median of $71,957. It is also 21% lower than the national median of $80,734. The poverty rate stands at 17.0%. This is 38% higher than the state poverty rate of 12.3%. The survey records no unemployed residents in New Ross, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $145,000. Housing costs are 34% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.3x, New Ross is one of the most affordable housing markets in the area. 91.6% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 70.5%.

Race & Ethnicity

New Ross has a predominantly White (non-Hispanic) population, comprising 93.4% of all residents. Asian residents account for 3.3%. The Hispanic or Latino population (2.8%) is well below the state average of 8.6%.

Education

10.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% 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 95.1%.

Data Sources & Methodology

All demographic data for New Ross, 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 Ross, Indiana?

New Ross, Indiana has a population of 364 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Ross, IN?

The median household income in New Ross is $64,167, which is 21% lower than the national median of $80,734.

What is the poverty rate in New Ross, IN?

The poverty rate in New Ross is 17.0%. This means approximately 62 residents live below the federal poverty line.

What is the racial makeup of New Ross, Indiana?

New Ross's population is 93.4% White, 0.0% Black, 2.8% Hispanic/Latino, and 3.3% Asian.

What is the median home value in New Ross, IN?

The median home value in New Ross is $145,000. The home-value-to-income ratio is 2.3x.

How educated is New Ross, Indiana?

10.7% of adults (25+) in New Ross hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.