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
- Housing is very affordable with a home-value-to-income ratio of just 2.3x.
New Ross Quick Facts
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.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 381 | 364 | -4.5% |
| Median household income | $55,625 | $64,167 | +15.4% |
| Median home value | $130,300 | $145,000 | +11.3% |
How New Ross 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 Ross Rankings in Indiana
Explore Indiana Rankings
Other Cities in Montgomery County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Wolflake | 353 | N/A | $105,900 | 0.0% | 0.0% |
| Center Point | 377 | N/A | $94,800 | 21.5% | 11.7% |
| Johnson | 379 | N/A | N/A | 9.4% | 2.4% |
| Otwell | 379 | N/A | $134,300 | 0.0% | 25.6% |
| Shipshewana Lake | 365 | $70,974 | $325,000 | 0.0% | 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.