Housing data for New Chicago, IN
New Chicago, IN has an estimated 2,225 residents and 990 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Lake County.
31.8% of households rent.
The median gross rent is $1,141 a month.
Its population grew measurably since 2015–2019 (+36.3%).
Figures last updated on .
- Residents
- 2,225 (±452)
- Housing units
- 990 (±159)
- Households that rent
- 31.8%
- Median gross rent
- $1,141
- Residents since 2015–2019
- +36.3%
What stands out in New Chicago
Homes in buildings of 5 or more units: 4.4% (±6.9 points) in New Chicago, lower than in Lake County (13.1%).
Median home value: $134,100 (±$31,194) in New Chicago, lower than in Lake County ($230,600).
Average commute: 22.5 minutes (±3.7) in New Chicago, lower than in Lake County (28.5 minutes).
Housing in New Chicago at a glance
- Median rent: $1,141 median gross rent a month
- Rent by bedrooms: $1,212 median gross rent, 2 bedrooms
- Rent burden: 51.7% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 31.8% of households rent
- Income and affordability: $57,313 median household income
- Home values: $134,100 median home value
- Homeowner costs: $1,231 median monthly cost with a mortgage
- Property taxes: $1,722 median real estate taxes a year
- Types of homes: 4.4% of homes are in buildings of 5 or more units
- Bedrooms: 48.7% of homes have 3 or more bedrooms
- Age of homes: 70.3% of homes were built before 1980
- Vacancy rate: 6.8% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 82.4% heat with utility gas
- Commute and cars: 22.5 minutes average trip to work
- Growth: +36.3% residents since 2015–2019
- How long people stay: 18.9% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
New Chicago against Lake County, its state and the nation
| New Chicago | Lake County | Indiana | United States | |
|---|---|---|---|---|
| Residents | 2,225 (±452) | 500,379 (exact) | 6,851,073 (exact) | 334,922,499 |
| Housing units | 990 (±159) | 217,436 (±112) | 2,976,568 (±617) | 143,775,355 |
| Households that rent | 31.8% (±8.9 points) | 28.3% (±0.8 points) | 29.4% (±0.3 points) | 34.8% |
| Median gross rent | $1,141 (±$143) | $1,131 (±$16) | $1,062 (±$5) | $1,413 |
| Median household income | $57,313 (±$14,500) | $71,493 (±$1,419) | $71,957 (±$352) | $80,734 |
| Median home value | $134,100 (±$31,194) | $230,600 (±$2,947) | $218,200 (±$739) | $332,700 |
| Median real estate taxes (a year) | $1,722 (±$446) | $2,112 (±$45) | $1,614 (±$9) | $3,119 |
| Built before 1980 | 70.3% (±15.6 points) | 66.0% (±1.3 points) | 55.0% (±0.3 points) | 49.7% |
| Average commute | 22.5 minutes (±3.7) | 28.5 minutes (±0.5) | 24.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 85.9% (±7.7 points) | 89.7% (±0.6 points) | 89.9% (±0.2 points) | 91.0% |
| Median age of residents | 32.4 years (±5.6) | 39.7 years (±0.3) | 38.1 years (±0.2) | 38.9 years |
New Chicago covers 0.7 square miles of land, about 3,306 residents per square mile (Census Bureau Gazetteer).
How New Chicago has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,633 (±251) | 2,225 (±452) | +36.3% | Measurable increase |
| Housing units | 756 (±94) | 990 (±159) | +31.0% | Measurable increase |
| Median gross rent | $920 (±$85) | $1,141 (±$143) | +24.0% | No measurable change after inflation |
| Median home value | $82,900 (±$4,667) | $134,100 (±$31,194) | +61.8% | Up after inflation |
| Median household income | $40,046 (±$7,566) | $57,313 (±$14,500) | +43.1% | No measurable change after inflation |
| Median owner cost with a mortgage | $984 (±$41) | $1,231 (±$142) | +25.1% | No measurable change after inflation |
| Median real estate taxes | $1,037 (±$255) | $1,722 (±$446) | +66.1% | No measurable change after inflation |
| Households that rent | 36.4% (±7.4 points) | 31.8% (±8.9 points) | −4.6 percentage points | Not a measurable change |
| Rental vacancy rate | 4.0% (±6.3 points) | 6.8% (±10.5 points) | +2.8 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Lake County
New Chicago has no police department of its own in the FBI’s figures, so this is the figure for Lake County as a whole.
In 2025, the police departments that report for Lake County recorded 378 violent and 1,383 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near New Chicago
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Hobart Township | 1.0 mi | $1,137 | $184,000 | 28.1% |
| Lake Station | 1.6 mi | $1,124 | $137,400 | 28.0% |
| Hobart | 3.1 mi | $1,206 | $215,200 | 30.5% |
| Gary | 4.5 mi | $1,012 | $94,700 | 50.9% |
| Calumet Township | 4.7 mi | $1,061 | $125,500 | 45.3% |
| Portage Township (Porter County) | 5.1 mi | $1,248 | $218,600 | 26.3% |
| Portage | 5.3 mi | $1,231 | $224,200 | 27.1% |
| Ross | 5.6 mi | $1,101 | $119,100 | 30.8% |
Places in Indiana most like New Chicago
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Lake Station | $1,124 | $137,400 | $59,591 | 28.0% |
| Michigan Township (LaPorte County) | $1,023 | $153,100 | $58,356 | 29.6% |
| Harmony | $1,096 | $116,700 | $54,615 | 26.5% |
| Milford | $1,029 | $159,700 | $51,667 | 23.7% |
| Argos | $946 | $129,300 | $61,667 | 23.9% |
| Marion Township (Jasper County) | $944 | $167,500 | $62,252 | 32.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.
HUD Fair Market Rent for New Chicago, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,117 | $1,176 | $1,429 | $1,739 | $1,898 |
HUD income limits for New Chicago, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $21,200 | $35,350 | $56,500 |
| 2 people | $24,200 | $40,400 | $64,600 |
| 3 people | $27,320 | $45,450 | $72,650 |
| 4 people | $33,000 | $50,450 | $80,700 |
| 5 people | $38,680 | $54,500 | $87,200 |
| 6 people | $44,360 | $58,550 | $93,650 |
| 7 people | $50,040 | $62,600 | $100,100 |
| 8 people | $55,720 | $66,600 | $106,550 |
These are the limits HUD sets for its housing programs in the Gary, IN HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $100,900.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about New Chicago
What is the average rent in New Chicago, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in New Chicago is $1,141 (±$143) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a two-bedroom apartment in New Chicago?
The median gross rent for a two-bedroom home in New Chicago, IN is $1,212 (±$246) a month (2020–2024 American Community Survey).
How many renters are there in New Chicago?
New Chicago has an estimated 276 (±108) renting households, 31.8% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in New Chicago?
The median household income in New Chicago is $57,313 (±$14,500) a year (2020–2024 American Community Survey).
What is the average home value in New Chicago, IN?
The Census Bureau publishes the median: $134,100 (±$31,194) for owner-occupied homes in New Chicago (2020–2024 American Community Survey).
What is the average mortgage payment in New Chicago?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in New Chicago, IN is $1,231 (±$142) a month, including taxes, insurance and utilities.
Is New Chicago growing?
In New Chicago, the number of residents went from 1,633 in 2015–2019 to 2,225 in 2020–2024 (+36.3%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — New Chicago town, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Chicago town, Indiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Chicago town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — New Chicago town, Indiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — New Chicago town, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — New Chicago town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Chicago town, Indiana
- HUD Fair Market Rents, fiscal year 2027: Gary, IN HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Gary, IN HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Chicago town, Indiana (place:52776, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .