Newburgh, Indiana.
Typical home $319,817 (+3.0% in a year), asking rent $1,594 (+2.5%). Evansville, IN-KY metro.
to buy the typical home at today's mortgage rate — +$898 (+115%) since Jan 2020.
- 1 year
- Up $9,431 +3%
- $310,386$319,817 since Sep 2025
- 5 years
- Up $63,940 +25%
- $255,876$319,817 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Newburgh$1,679
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Newburgh, IN rose 3.0% over the past year — faster than the nation's +1.2%.
Asking rents in Newburgh, IN rose 2.5% over the past year — slower than the nation's +2.7%.
Owning the typical home in Newburgh runs $606/mo more than renting one. The gap peaked at $645 in Feb 2025.
That is $2,200 a month against $1,594 rent: a $1,679 mortgage payment, plus $179 property tax and $342 insurance & upkeep.
Owning vs renting — Newburgh
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,200
- Renting$1,594
- Mortgage only$1,679
Property tax · $179/mo 0.67% of value a year — the ACS 2020-2024 median bill over the median home value for Warrick County, IN
Insurance & upkeep · $342/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Newburgh, Warrick County, Indiana
Newburgh is a town of 3,344 people in Warrick County. Half its households earn more than $75,135 a year and half less, against $89,844 across Warrick County; 6% of its people live below the poverty line. Unemployment in Warrick County was 3.1% in August 2026, and the county had 0.5% more jobs in 2025 than the year before. The most people in Warrick County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Newburgh is a small town on the Ohio River in Warrick County, Indiana. Household incomes in town run below the county's, and fewer residents fall below the poverty line than you might expect from that gap. A good share of adults hold a four-year degree, and typical home values and rents sit on the higher side for a town this size.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, retail and professional and business services also well represented. Across Warrick County, the largest workplaces include the Warrick County School district, Kaiser Aluminum - Warrick and Deaconess Womens Hospital. The typical commute is short, and a modest number of people work from home.
Things to do. Angel Mounds, an archaeological site in or beside town, is the closest of the area's well-known places. A short drive away are John James Audubon State Park, a protected area, and USS LST-325, a museum. Mesker Park Zoo and Botanic Garden is a longer drive away. Winters are cold, with a little snow, and summers are warm, with a fair amount of rain through the year.
Report a mistake
- 1,647households
- 35%of adults have a degree
- 6%below the poverty line
- 20 mintypical commute
- 11%work from home
What people in Warrick County work in
Employed residents by industry, from the Census survey. Warrick County had 18,194 jobs in 2025, 0.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 43° and lows near 24°; warmest in July, with highs near 88° and lows near 69°. About 7 inches of snow and 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Newburgh L&d weather station, 2 miles away (NOAA).
Largest workplaces in Warrick County
- Warrick County School CorpSchool district1,304FTE
- Kaiser Aluminum - WarrickAluminum sheet made by flat rolling purchased aluminum1,121
- Deaconess Womens HospitalGeneral hospital653FTE
- WalmartWarehouse clubs and supercenters408
- South Western Communications CorporateLow voltage electrical work382
- WalmartWarehouse clubs and supercenters293
- Encompass Health Deaconess RehabilitRehabilitation hospital243FTE
- Ragle IndianaRoad construction185
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 47 workplaces with 20 or more staff, 7,771 people in all across the county; Newburgh has two of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- Ice stormsRelatively high
- Winter weatherRelatively high
- Inland floodingRelatively high
- TornadoesRelatively high
- EarthquakesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Newburgh’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Warrick County and the Evansville, IN-KY metro.
Newburgh home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Newburgh$319,817
- Indiana$257,165
- United States$366,157
Sellers are cutting prices on about 1 in 3 Newburgh listings, and the typical home goes pending in 23 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Newburgh37.00%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Newburgh23
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Newburgh192
New listings per month
Sellers arriving at the market.
- Newburgh60
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Newburgh$317,600
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Newburgh97.90%
Zip codes with a Newburgh address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Newburgh — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.