HomeIndianaLake CountyNew Chicago
New Chicago, Indiana: commercial real estate data.
New Chicago is a Census town of 2,225 people across 0.67 square miles of land, in Lake County. Median household income is $57,313, 68.2 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New Chicago
What New Chicago is
- Census place typetown
- Land area0.67 sq mi
- Water area0 sq mi
- Population per square mile of land3,306 plus or minus 672
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Chicago
How many people live in New Chicago
- Population2,225 plus or minus 452
- Median age32.4
- Population under 18604 plus or minus 148
- Share under 1827.1 percent
- Population 65 and over206 plus or minus 58
- Share 65 and over9.3 percent
- Households867
- Family households540 plus or minus 123
- Share of households that are families62.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Chicago
Income and work in New Chicago
- Median household income$57,313 plus or minus $14,500
- Per capita income$27,883
- Civilian labor force1,132 plus or minus 276
- Employed1,078 plus or minus 271
- Unemployed54 plus or minus 40
- Unemployment rate4.8 percent plus or minus 3.3
- Adults 25 and over1,394
- Adults 25 and over with a high school diploma or higher81.0 percent
- Adults 25 and over with a bachelor degree or higher13.4 percent plus or minus 6.0
- Adults 25 and over with a graduate degree3.8 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Chicago
Housing in New Chicago
- Housing units990
- Occupied units867
- Vacant units123 plus or minus 81
- Vacancy rate12.4 percent plus or minus 7.9
- Owner occupied591
- Renter occupied276 plus or minus 108
- Ownership rate68.2 percent plus or minus 18.2
- Median owner-occupied home value$134,100 plus or minus $31,194
- Median gross rent, monthly$1,141
- Annual rent as a share of median income23.9 percent plus or minus 6.7
- Single family units732
- Share single family73.9 percent
- Units in buildings of two or more70 plus or minus 65
- Share in buildings of two or more7.1 percent plus or minus 6.5
- Mobile homes188 plus or minus 77
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Chicago
How New Chicago gets to work
- Workers 16 and over who commute1,015 plus or minus 259
- Commuting under 15 minutes160 plus or minus 83
- Share commuting under 15 minutes15.8 percent plus or minus 7.2
- Commuting 30 minutes or more327 plus or minus 111
- Share commuting 30 minutes or more32.2 percent plus or minus 7.2
- Drove alone78.4 percent
- Carpooled10.0 percent plus or minus 5.8
- Public transport0.0 percent
- Walked0.6 percent plus or minus 0.8
- Worked from home5.4 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Chicago
SBA loans in New Chicago (504)
- Approvals1
- Gross approval$120,000
- Average approval$120,000
- Median approval$120,000
- Largest approval$120,000
- Jobs supported1
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in New Chicago, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
New Chicago
Flood risk in New Chicago
- NFIP communityTown of New Chicago
- NFIP community number180140
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date01/18/12
The Town of New Chicago participates in the National Flood Insurance Program as community 180140 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lake County, not New Chicago
Lake County context, not New Chicago figures
- Establishments in Lake County10,566
- Covered employment, Lake County191,633
- Average annual pay, Lake County$61,200
- Housing units permitted, Lake County1,649
Every figure in this section is published for Lake County as a whole and is not a measurement of New Chicago.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
New Chicago questions, answered from the record.
How many people live in New Chicago, Indiana?
2,225, in 867 households. New Chicago town covers 0.67 square miles of land, which is 3,306 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Chicago in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in New Chicago?
$57,313. The median owner-occupied home is valued at $134,100. Median gross rent is $1,141 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Is New Chicago in the National Flood Insurance Program?
Yes. New Chicago appears in the FEMA Community Status Book as New Chicago, town of, community 180140, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page New Chicago figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New Chicago.
Is zoning published for New Chicago?
No. Nothing on this page presents parcel level zoning.