New Palestine is a very small town located in the state of Indiana. With a population of 3,621 people and three associated neighborhoods, New Palestine is the 194th largest community in Indiana. Much of the housing stock in New Palestine was built relatively recently. The construction of new real estate can often be taken as an indication that the local New Palestine economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in New Palestine, where the median household income is $96,923.00.
New Palestine real estate is some of the most expensive in Indiana, although New Palestine house values don't compare to the most expensive real estate in the U.S.
Also of interest is that New Palestine has more people living here who work in computers and math than 95% of the places in the US.
Of important note, New Palestine is also a town of artists. New Palestine has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape New Palestine’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.68% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
New Palestine is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, New Palestine’s overall crime rate is lower than average for the country.
In New Palestine, however, the average commute to work is quite long. On average, people spend 36.15 minutes each day getting to work, which is significantly higher than the national average.
Being a small town, New Palestine does not have a public transit system used by locals to get to and from work.
The education level of New Palestine ranks among the highest in the nation. Of the 25-and-older adult population in New Palestine, 41.90% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in New Palestine in 2022 was $54,080, which is wealthy relative to Indiana and the nation. This equates to an annual income of $216,320 for a family of four.
The people who call New Palestine home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Palestine residents report their race to be White, followed by Asian. Important ancestries of people in New Palestine include German, English, Irish, European, and Italian.
The most common language spoken in New Palestine is English. Other important languages spoken here include Italian and West Germanic languages.