New Palestine

Population: 3,027
Median household income: $93,170
Median home value: $320,300

New Palestine is a community in Hancock County, Indiana, home to 3,027 residents. The median household income of $93,170 is in line with the Hancock County median ($91,326).

From 2019 to 2023, New Palestine's population grew 28.0% from 2,365 to 3,027, while its median home value rose 57.9% from $202,900 to $320,300.

The largest age group is 45 to 54, 16.6% of residents. White (non-Hispanic) residents are the largest group, 96.1% of the population.

Demographics

ACS 2019–2023

Population: 3,027
Median age: 42.9 yrs
Median household income: $93,170
Median home value: $320,300
Median gross rent: $1,200
Housing units: 1,242
Homeownership rate: 79.0%
Bachelor's degree or higher: 39.1%
Unemployment rate: 4.3%

Trends

ACS 5-year · 2019–2023

Population

2,3653,027

Median household income

$90,278$93,170

Median home value

$202,900$320,300

Median gross rent

$1,007$1,200

Year	Population	Median household income	Median home value	Median gross rent
2019	2,365	$90,278	$202,900	$1,007
2020	2,456	$81,131	$206,900	$1,048
2021	2,670	$80,298	$219,200	$1,110
2022	2,831	$86,082	$272,500	$1,125
2023	3,027	$93,170	$320,300	$1,200

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.5%

5 to 1716.5%

18 to 246.7%

25 to 3412.5%

35 to 4410.5%

45 to 5416.6%

55 to 6413.9%

65 to 746.1%

75 and over10.8%

	Count	Share
Under 5	198	6.5%
5 to 17	499	16.5%
18 to 24	204	6.7%
25 to 34	377	12.5%
35 to 44	317	10.5%
45 to 54	501	16.6%
55 to 64	420	13.9%
65 to 74	184	6.1%
75 and over	327	10.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,910	96.1%
Black or African American	53	1.8%
American Indian & Alaska Native	0	0.0%
Asian	8	0.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	14	0.5%
Two or more races	36	1.2%
Hispanic or Latino (any race)	6	0.2%

Educational attainment (age 25+)

No high school diploma3.6%

High school graduate31.6%

Some college or associate's25.7%

Bachelor's degree31.2%

Graduate or professional degree7.9%

	Count	Share
No high school diploma	76	3.6%
High school graduate	671	31.6%
Some college or associate's	547	25.7%
Bachelor's degree	663	31.2%
Graduate or professional degree	169	7.9%

Commute to work

Mean travel time to work: 31 min

Drove alone86.2%

Carpooled1.2%

Public transit0.0%

Walked1.2%

Bicycle0.0%

Worked from home11.0%

Other means0.4%

How workers get to work

	Count	Share
Drove alone	1,278	86.2%
Carpooled	18	1.2%
Public transit	0	0.0%
Walked	18	1.2%
Bicycle	0	0.0%
Worked from home	163	11.0%
Other means	6	0.4%

Travel time

	Count	Share
Under 15 min	143	10.8%
15 to 29 min	320	24.2%
30 to 44 min	597	45.2%
45 to 59 min	184	13.9%
60+ min	76	5.8%

Households

Average household size: 2.46
Poverty rate: 5.8% (172 of 2,989)

	Count	Share
Family households	877	72.2%
Nonfamily households	338	27.8%

Housing

Median year structure built: 2000

Occupancy

	Count	Share
Occupied	1,215	97.8%
Vacant	27	2.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	960	79.0%
Renter-occupied	255	21.0%

1-unit, detached81.6%

1-unit, attached4.2%

2 to 4 units3.5%

5 to 19 units5.2%

20 or more units5.5%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,013	81.6%
1-unit, attached	52	4.2%
2 to 4 units	44	3.5%
5 to 19 units	65	5.2%
20 or more units	68	5.5%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1853352
Type (LSAD): 43
Land area: 2.05 sq mi
Water area: 0.01 sq mi
Center point: 39.7294, -85.8943