The community includes several businesses related to the tourism industry. A number of small businesses have opened in the community within the past five years. Farming operations involve a large portion of the thirty-seven square miles in the township. Other community members work in nearby Mt. Vernon or Evansville. While limited housing is still a factor, several new homes have been bult in the recent past.
Rental housing remains scarce.
Community growth is still somewhat limited by a lack of housing. Families in New Harmony are typically two-parent families. Most parents have earned a high school diploma and an increasing number of parents have additional training beyond high school. Approximately eighteen percent of students qualify for the free or reduced lunch program. The school continues to serve as a community center and enjoys a high level of loyalty and support from the community.