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New Chicago, IN

Full City Profile · Indiana · Lake County County

2.9 /5.0
C+ Fair
2,348 Population 3,504/sq mi density
$54,700 Median Income $26,022 per capita
$118,900 Home Value $158,855 Zillow
$1,090 Median Rent 23.8% income on rent
50°F Avg Temperature 275 sunny days/yr
181 Violent Crime/100K 5,062 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$54,700 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$118,900 home value, $1,090/mo rent
F
Safety
1.0 / 5.0
181 violent crimes/100K
C
Education
2.4 / 5.0
17.0% bachelor's degree or higher

Income Overview

Median Household Income
$54,700
27% below
US avg: $75,149
Per Capita Income
$26,022
33% below
US avg: $39,052
Unemployment Rate
5.1%
42% above
US avg: 3.6%
Poverty Rate
11.8%
5% below
US avg: 12.4%

Income Comparison: New Chicago vs. U.S. Average

Each bar shows New Chicago’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$54,700
73%
Per Capita
US: $39,052
$26,022
67%
IRS Avg AGI
US: $72,000
$69,524
97%
Avg Weekly Wage
US: $1,432
$1,177
82%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,177
18% below US avg ($1,432)
Mean Commute Time
24 min
13% below US avg (28 min)
Work From Home
5.3%
65% below US avg (15.2%)
Drive Alone
83.8%
15% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$31,242M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 83.8%
Public Transit 0%
Work From Home 5.3%
Other 10.9%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
11,872
Restaurants
1,110
Healthcare
1,376
Retail
1,546
Manufacturing
366

Tax & Financial

IRS Avg Adjusted Gross Income
$69,524
3% below US avg ($72,000)
Avg Property Tax
$4,190
20% above US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$54,700
Per Capita Income$26,022
IRS Avg Adjusted Gross Income$69,524
Avg Weekly Wage$1,177
County GDP$31,242M

Hardship Indicators

Unemployment Rate5.1%
Poverty Rate11.8%
Gini Coefficient0.453
Cost of Living Index93.3

Commute

Mean Commute24 minutes
Drive Alone83.8%
Public Transit0.0%
Work From Home5.3%

Businesses

Total Establishments11,872
Restaurants1,110
Healthcare1,376
Retail1,546
Manufacturing366

Tax

IRS Avg AGI$69,524
Avg Property Tax$4,190