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The total population of New Chicago is estimated to be 2,111 with 1,041 males (49.31%) and 1,070 females (50.69%). There are 29 more females than males in New Chicago.
The median household income in New Chicago was $58,043 in 2021, which marked an an increase of 7,968(15.91%) from $50,075 in 2020. This income is 77.80% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, New Chicago sees its highest median household income among householders in the age group of 25 to 44 years old, at $68,064. Overall, the median household income for the town of New Chicago stands at $58,043.
In New Chicago, the median income for all workers aged 15 years and older, regardless of work hours, was $45,523 for males and $22,069 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,423 for males and $33,843 for females.
In New Chicago, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $88,125, followed by Some Other Race households at $58,735, and White households with a median household income of $54,340.
In 2022, the population of New Chicago was 1,971, a 0.66% decrease year-by-year from 2021. Previously, in 2021, New Chicago's population was 1,984, a decline of 0.65% compared to a population of 1,997 in 2020.
The median age in New Chicago, IN is 32.7, as per 2021 ACS 5-Year Estimates. Of the total population, 20.22% were under the age of 15, 24.74% aged 15 to 29, 45.94% aged 30 to 64, 7.97% aged 65 to 84, and 1.13% were 85 years of age and older.
Racial distribution of New Chicago population: 72.85% are White, 2.16% are Black or African American, 0.15% are American Indian and Alaska Native, 0.49% are Asian, 0.49% are Native Hawaiian and other Pacific Islander, 10.87% are some other race and 12.99% are multiracial.