New Castle, CO

Colorado

New Castle is a small town in Colorado with a population of 4,878. Residents earn $88,421 per year, which is 18% above the national average.

3.3 /5.0
B Good
4,878 Population 1,951/sq mi density
$88,421 Median Income $39,321 per capita
$488,600 Home Value $638,030 Zillow
$1,627 Median Rent
46°F Avg Temperature
87 Violent Crime/100K 326 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,421 median income, 0.8% unemployment
B+
Affordability
3.6 / 5.0
$488,600 home value, $1,627/mo rent
F
Safety
1.0 / 5.0
87 violent crimes/100K (77% below avg)
B+
Education
3.9 / 5.0
36.4% bachelor's degree or higher
Median Income $88,421
18% higher than US avg
Home Value $488,600
73% higher than US avg
Violent Crime 87/100K
77% lower than US avg
Bachelor's+ 36.4%
8% higher than US avg
Median Rent $1,627
40% higher than US avg
Obesity Rate 23.1%
28% lower than US avg
Unemployment 0.8%
78% lower than US avg
Poverty Rate 4.2%
66% lower than US avg

How New Castle Compares to the U.S. Average (100% = U.S. avg)

People

Population4,878
Median Age37.4 yrs
Density1,951/mi²
Male / Female47% / 53%
Largest GroupWhite 76%

Economy

A+
Median Income$88,421
Per Capita$39,321
Unemployment0.8%
Poverty4.2%
County GDP$5,011M
Commute32 min

Housing

B+
Home Value$488,600
Rent$1,627
OwnershipN/A
Zillow$638,030

Crime

F
Violent87/100K
Property326/100K
Murder0.0/100K
Assault87/100K
Burglary65/100K

Health

Obesity23.1%
UninsuredN/A
Depression21.3%
Heart Disease4.6%

Climate

Avg Temp46°F
AQI41 (Good)
Rain12.8 in/yr
Elevation5,825 ft

Education

B+
Bachelor's+36.4%
High School+94.9%
School Score5.90

Community

2024 VoteR 48% / D 50%
Commute32 min
EV Stations2
Libraries6

Is New Castle a Good Place to Live?

Based on current data, New Castle receives an overall livability score of 3.3 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, low unemployment, low crime rates, a low poverty rate. Areas to be aware of include high housing costs. New Castle offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in New Castle is $88,421, 18% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.8%. Only 4.2% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 32 minutes.

Cost of Living & Housing

The median home value in New Castle is $488,600, making it a premium housing market at 73% above the U.S. median of $281,900. Renters pay a median of $1,627 per month, significantly above the national average of $1,163. The price-to-income ratio of 5.5x means housing costs are stretched relative to local earnings.

Safety & Crime

New Castle is a very safe community with a violent crime rate of 87 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 326 per 100,000, 83% below the national average.

Education

Educational attainment is solid, with 36.4% holding a bachelor's degree or higher, near the national average. 94.9% have completed high school. Area schools have an average test score of 5.9/10.

Climate & Weather

New Castle experiences four distinct seasons with an average temperature of 46°F. Winters average 24°F in January while summers reach 70°F in July. Annual precipitation totals 12.8 inches, including 26.8 inches of snow. Air quality is rated Good with a median AQI of 41.

New Castle has a population of 4,878 with a density of 1,951 people per square mile. The median age is 37.4 years, 4% younger than the national median of 38.9. The city is predominantly White (75.9%), with 2.5% Hispanic.

Population

4,878
Total Population
1,951
People / sq mi
37.4yrs
Median Age
4% below US avg
2.5mi²
Land Area

Gender Distribution

Male 47.4%
Female 52.6%

Race & Ethnicity

New Castle vs U.S. Average

Language Spoken at Home

English Only73.3%
7% below US avg
Spanish26.7%
99% above US avg

Social Characteristics

New Castle vs U.S. Average

The median household income in New Castle is $88,421, which is 18% above the national average of $75,149. The unemployment rate is 0.8% (below the 3.6% US average). 4.2% of residents live below the poverty line. Workers commute an average of 32 minutes.

Income: New Castle vs U.S.

Commute Mode

Income

Median HH Income$88,421
18% above US avg
Per Capita Income$39,321
Avg Weekly Wage$1,241
IRS Avg AGI$94,076

Employment & Poverty

Unemployment0.8%
78% below US avg
Poverty Rate4.2%
66% below US avg
Establishments (County)3,052
County GDP$5,011M

Business (County)

Restaurants228
Healthcare183
Retail257
Manufacturing42

Tax & Cost of Living

Property Tax (IRS)$4,523
29% above US avg
Effective Tax Rate0.93%

Commute & Transportation

Commute Time31.8 min
Work from Home18.0%

Walkability

The median home value in New Castle is $488,600, 73% above the national average. Monthly rent averages $1,627 (40% above US avg). Zillow estimates the typical home value at $638,030.

Home Value Sources

Ownership Split

Home Values

Census Median$488,600
73% above US avg
Zillow ZHVI$638,030
Median List Price$625,000

Real Estate Market (Redfin)

Median List Price$625,000
$/Sq Ft$355
Homes Sold7
Sale-to-List Ratio95.9%
Price Drops11.5%
Inventory26

Rental Costs

Census Median Rent$1,627
40% above US avg
Zillow Rent (ZORI)$2,350

HUD Fair Market Rent

Studio$1,083
1 Bedroom$1,161
2 Bedrooms$1,429
3 Bedrooms$1,861
4 Bedrooms$2,178

Ownership & Property

Owner-Occupied70.8%

Property Tax

Avg Tax (IRS)$4,523
29% above US avg
Effective Rate0.93%
In New Castle, 23.1% of adults are obese (below the 32.1% national rate). 21.3% report depression. 16.8% are physically inactive.

Health Metrics: New Castle vs U.S. Average (%)

Chronic Conditions

Obesity23.1%
28% below US avg
Diabetes7.5%
Heart Disease4.6%
High Blood Pressure24.4%
Asthma10.7%
COPD4.7%
Stroke2.5%

Behaviors & Mental Health

Binge Drinking19.3%
Physical Inactivity16.8%
Depression21.3%
Mental Distress16.4%
Physical Distress11.7%

Healthcare Access

Insurance Rate81.7%
Checkup Rate70.1%
Premature Death6,090/100K

Food & Exercise

Food Environment8.8/10
Exercise Access83.2%
Healthcare Facilities183
New Castle has a violent crime rate of 87 per 100,000 residents, 77% below the national average of 380. Property crime stands at 326 per 100,000 (83% below US avg). The murder rate is 0.0 per 100,000.

Crime Rates: New Castle vs U.S. Average (per 100,000)

Violent Crime

Total Violent87.1/100K
77% below US avg
Murder0.0/100K
100% below US avg
Rape0.0/100K
Robbery0.0/100K
Assault87.1/100K

Property Crime

Total Property326.4/100K
83% below US avg
Burglary65.3/100K
Theft217.6/100K
Vehicle Theft43.5/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)13
FEMA Disasters182

Safety Score

Safety GradeF
Safety Score1.0 / 5.0
New Castle has an average annual temperature of 46°F (8°C). Winters average 24°F in January while summers reach 70°F in July. Annual precipitation is 12.8 inches. Air quality is rated Good with a median AQI of 41.

Temperature

24°F Jan (-5°C) 70°F Jul (21°C)
Annual Average46.4°F
14% below US avg
January Average24°F (-5°C)
July Average70°F (21°C)

Precipitation & Snow

Annual Rainfall12.8 inches
66% below US avg
Snowfall26.8 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation5,825 ft (1,775 m)
Area2.5 sq mi (6.5 km²)
Population Density1,951/sq mi
Coordinates39.5776°N, 107.5265°W
County FIPS08045
It is classified as Nonmetro — Urban 20K+. 36.4% of residents hold a bachelor's degree or higher (8% above US avg). In the 2024 election, the county voted Democrat by a 2.1-point margin.

2024 Presidential Election (County)

R 47.7%
D 49.8%

Winner: Democrat by 2.1 points

Education

Bachelor's Degree+36.4%
8% above US avg
High School+94.9%
School Test Score5.90
B+ Education Grade (3.9/5.0)

Urban-Rural Classification

RUCC Code 5Nonmetro — Urban 20K+
Population Density1,951/sq mi
Total Area2.5 sq mi

Infrastructure & Services

EV Charging Stations2
Alt Fuel Stations2
Public Libraries6
Healthcare Facilities183
Restaurants228
Retail Stores257

Safety & Disasters

Fatal Crashes (County/yr)13
FEMA Disaster Declarations182
F Safety Grade (1.0/5.0)

Commute & Transportation

Avg Commute31.8 min
Work from Home18.0%

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