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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
74%
26%
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-Occupied73.6%
Renter-Occupied26.4%
Homeownership Rate73.6%
Total Housing Units411
Median Year Built1951
Rent Burden21.8%