New Harmony, IN
Full City Profile · Indiana · Posey County County
3.7
/5.0
B+
Good
867
Population
1,057/sq mi density
$50,809
Median Income
$31,732 per capita
$177,400
Home Value
$206,747 Zillow
$897
Median Rent
21.8% income on rent
56°F
Avg Temperature
290 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$50,809 median income, 2.3% unemployment
A+
Affordability
4.7 / 5.0
$177,400 home value, $897/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.5 / 5.0
31.1% bachelor's degree or higher
Housing Overview
Median Home Value
$177,400
37% below
US avg: $281,900
Median Rent
$897/mo
23% below
US avg: $1,163/mo
Homeownership Rate
73.6%
13% above US avg (65.4%)
Total Housing Units
411
Median year built: 1951
Home Value by Source
Census Median
$177,400
Zillow (ZHVI)
$206,747
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.6%
Owner-Occupied
26.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$897/mo
Affordability & Housing Stock
Rent Burden
21.8%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
73.6%
Complete Housing Data
Home Values
| Census Median Value | $177,400 |
| Zillow Home Value (ZHVI) | $206,747 |
Rent
| Census Median Rent | $897 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 73.6% |
| Renter-Occupied | 26.4% |
| Homeownership Rate | 73.6% |
| Total Housing Units | 411 |
| Median Year Built | 1951 |
| Rent Burden | 21.8% |
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