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New Whiteland

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

Median Home$235,848
Median Rent$1,665/month
Population5,663
Leading IndustriesFinance & Insurance · Information & Media · Professional Services9% finance & insurance
Home Value Growth+8.6% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners78% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableHigh Incomes$90k/year · top 24% nationally
New Whiteland
IN

Frequently Asked Questions

What are today's mortgage rates in New Whiteland?

As of today, the 30-year fixed mortgage rate for New Whiteland is approximately 6.960% (7.001% 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 Whiteland?

The median home value in New Whiteland is $236k. The median monthly rent is $1,665. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Whiteland?

Home values in New Whiteland have increased 8.6% over the past two years. This represents moderate growth. 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 Whiteland?

Based on a typical all-in ownership cost of $1,326/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Whiteland is $90k/year.

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What industries drive the economy in New Whiteland?

The largest employment sectors in New Whiteland are public administration (24%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.