Median Income
$53,438
household / year
Median Home Value
$114,000
owner-occupied
Median Rent
$992
gross / month
Cost of Living
93
national avg = 100

Is New Ross, IN a Good Place to Live?

New Ross is a small town of 471 in Indiana, with a median household income of $53,438 and a 5.1% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.

Strengths: New Ross stands out for an affordable cost of living, below-average home prices, solid school ratings (B-), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether New Ross is right for you depends on your priorities — the full breakdown is below.

All New Ross 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: 93.4

New Ross's overall cost of living index is 93.4, where 100 represents the US national average. Living in New Ross costs roughly 7% less than the average American city.

Metric New Ross, IN National Avg
Median Home Value $114,000 $244,900
Median Monthly Rent $992 $1,163
Homeownership Rate 84.7% 65.9%
Median Household Income $53,438 $74,755

Crime & Safety

Very Safe

New Ross's violent crime rate is 135.6 per 100,000 residents — 64% lower than the national average of ~380 per 100,000.

Violent Crime
135.6 /100k
Property Crime
602.5 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

New Ross is served primarily by South Montgomery Com Sch Corp. The student-to-teacher ratio is 14.8:1 (better than the national average of ~16:1).

Metric New Ross, IN National Avg
School District South Montgomery Com Sch Corp
Elementary Schools 3
Middle Schools 1
High Schools 1
Student/Teacher Ratio 14.8:1 16:1
Bachelor's Degree or Higher 12.3% 35.4%
High School Diploma or Higher 89.2% 91.1%

Weather & Climate

New Ross sees average highs of 33.0°F in January and 82.8°F in July, with 44.2 inches of annual precipitation and 21.7 inches of snow per year.

MetricNew Ross, IN
Average High — January33.0°F
Average High — July82.8°F
Annual Precipitation44.2"
Annual Snowfall21.7"

Demographics

MetricNew Ross, INNational Avg
Population471
Median Age44.638.9
Unemployment Rate5.1%3.7%
Avg Commute Time23.7 min26 min
White (non-Hispanic)99.4%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1817.4%22.2%
65 and over22.7%16.8%

Nearby Cities

ZIP Codes in New Ross

New Ross, IN is covered by 1 ZIP code:

New Ross vs Other Cities

Frequently Asked Questions

New Ross's cost of living index is 93, where 100 is the national average. That makes New Ross roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $114,000 and median rent is $992/month.
New Ross's violent crime rate is 135.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 602.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in New Ross are operated by South Montgomery Com Sch Corp. The district has 3 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 14.8:1. 12.3% of adults 25+ hold a bachelor's degree or higher.
New Ross, IN has a population of 471, a median household income of $53,438, and an unemployment rate of 5.1%. 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 Ross averages 33.0°F in January and 82.8°F in July. Annual rainfall is 44.2 inches with about 21.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
New Ross, IN is covered by 1 ZIP code: 47968.
The population of New Ross, Indiana is 471 with a median age of 44.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Ross: cost of living index 93 (100 = US average), median home $114,000, median household income $53,438, crime index 33 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare New Ross side by side with your current city to see the trade-offs.