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New Chicago, IN
Full City Profile · Indiana · Lake County County
New Chicago, IN
At a Glance
How New Chicago Compares to the U.S. Average
Each bar shows New Chicago's value as a percentage of the national average (100% = U.S. avg)
Is New Chicago a Good Place to Live?
Economy & Jobs
New Chicago residents earn a median household income of $54,700 , which is 27% below the national average of $75,149. Per capita income is $26,022. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 11.8% of residents live below the poverty line. The area is home to 11,872 business establishments, including 1,110 restaurants.
Housing & Cost of Living
The median home value in New Chicago is $118,900 , 58% below the national median of $281,900. Zillow estimates the typical home at $158,855. Median rent is $1,090/month, with 23.8% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1962.
Safety & Crime
New Chicago reports 181 violent crimes per 100,000 residents , which is 52% below the national average of 380/100K. Property crime is 5,062/100K.
Education
17.0% of adults in New Chicago hold a bachelor's degree or higher (50% below the national average). 82.7% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
New Chicago has an average annual temperature of 50°F (10°C). Winters average 25°F in January while summers reach 73°F in July. The area gets 275 sunny days per year. Annual precipitation totals 39.2 inches. Air quality is rated Good with a median AQI of 41.