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The total population of New Point is estimated to be 325 with 159 males (48.92%) and 166 females (51.08%). There are 7 more females than males in New Point.
The median household income in New Point was $54,239 in 2021, which marked an a decrease of 5,817(9.69%) from $60,056 in 2020. This income is 72.70% 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 Point sees its highest median household income among householders in the age group of 25 to 44 years old, at $89,445. Overall, the median household income for the town of New Point stands at $54,239.
In New Point, the median income for all workers aged 15 years and older, regardless of work hours, was $36,481 for males and $25,888 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,845 for males and $33,779 for females.
In New Point, population is primarily represented by White households, reporting a median income of $43,012.
In 2022, the population of New Point was 317, a 0.32% increase year-by-year from 2021. Previously, in 2021, New Point's population was 316, a decline of 0.63% compared to a population of 318 in 2020.
The median age in New Point, IN is 36.4, as per 2021 ACS 5-Year Estimates. Of the total population, 18.52% were under the age of 15, 25.93% aged 15 to 29, 43.77% aged 30 to 64, 10.77% aged 65 to 84, and 1.01% were 85 years of age and older.
Racial distribution of New Point population: 96.97% are White and 3.03% are multiracial.