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New Haven

Learn about the people, housing, costs and businesses in New Haven, Indiana

Median Home$156,731
Median Rent$995/month
Population15,879
Leading IndustriesRetail · Finance & Insurance · Information & Media22% retail
Home Value Growth⬆⬆+18.1% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners76% of occupied units
NotableTransit81/100 · excellent transit access
New Haven
IN

Frequently Asked Questions

What are today's mortgage rates in New Haven?

As of today, the 30-year fixed mortgage rate for New Haven is approximately 6.977% (7.019% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in New Haven?

The median home value in New Haven is $157k. The median monthly rent is $995. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Haven?

Home values in New Haven have increased 18.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in New Haven?

Based on a typical all-in ownership cost of $929/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Haven is $71k/year.

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What industries drive the economy in New Haven?

The largest employment sectors in New Haven are retail (22%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.