New Point is a small town of 325 in Indiana, with a median household income of $54,432
and a 3.7% unemployment rate.
Its cost of living index is 94 (US average = 100), which is
6% below the national average.
Strengths:
New Point stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether New Point is right for you depends on your priorities — the full breakdown is below.
All New Point city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 94.2
New Point's overall cost of living index is 94.2,
where 100 represents the US national average.
Living in New Point costs roughly 6% less than the average American city.
Metric
New Point, IN
National Avg
Median Home Value
$119,600
$244,900
Median Monthly Rent
$1,063
$1,163
Homeownership Rate
75.2%
65.9%
Median Household Income
$54,432
$74,755
Crime & Safety
Very Safe
New Point's violent crime rate is 90.4 per 100,000 residents
— 76% lower than the national average of ~380 per 100,000.
Violent Crime
90.4 /100k
Property Crime
658.9 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
New Point, IN
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
6.5%
35.4%
High School Diploma or Higher
71.5%
91.1%
Weather & Climate
New Point sees average highs of 36.2°F in January
and 84.5°F in July,
with 47.6 inches of annual precipitation
and 13.3 inches of snow per year.
New Point's cost of living index is 94, where 100 is the national average.
That makes New Point roughly 6% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $119,600 and median rent is $1,063/month.
New Point's violent crime rate is 90.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 658.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
New Point, IN has a population of 325, a median household income of $54,432, and an unemployment rate of 3.7%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Point averages 36.2°F in January and 84.5°F in July. Annual rainfall is 47.6 inches
with about 13.3 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
New Point, IN is covered by 1 ZIP code: 47263.
The population of New Point, Indiana is 325 with a median age of 37.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Point: cost of living index 94 (100 = US average), median home $119,600, median household income $54,432, crime index 27 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare New Point side by side with your current city to see the trade-offs.
