New Castle, CO

Full City Profile · Colorado · Garfield County County

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 $648,777 Zillow
$1,627 Median Rent 31.4% income on rent
49°F Avg Temperature
124 Violent Crime/100K 680 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, 1.3% unemployment
B+
Affordability
3.6 / 5.0
$488,600 home value, $1,627/mo rent
F
Safety
1.0 / 5.0
124 violent crimes/100K
B+
Education
3.9 / 5.0
36.4% bachelor's degree or higher

New Castle, CO

At a Glance

Median Income
$88,421
18% above
$39,321 per capita
Home Value
$488,600
73% above
Zillow: $648,777
Median Rent
$1,627/mo
40% above
31.4% of income on rent
Violent Crime
124/100K
67% below
680/100K property
Bachelor's Degree+
36.4%
8% above
94.9% high school+
Unemployment
1.3%
64% below
4.2% poverty rate
Obesity Rate
23.1%
28% below
10.9% smoking rate
Avg Temperature
49°F

How New Castle Compares to the U.S. Average

Each bar shows New Castle's value as a percentage of the national average (100% = U.S. avg)

Income
118%
Home Value
173%
Rent
140%
Poverty
34%
Bachelor's
108%
Unemployment
36%
Crime
33%
Thin vertical line = U.S. national average (100%)

Is New Castle a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

New Castle residents earn a median household income of $88,421 , which is 18% above the national average of $75,149. Per capita income is $39,321. The unemployment rate stands at 1.3% (64% below the U.S. rate of 3.6%). 4.2% of residents live below the poverty line. The area is home to 3,052 business establishments, including 228 restaurants.

Housing & Cost of Living

The median home value in New Castle is $488,600 , 73% above the national median of $281,900. Zillow estimates the typical home at $648,777. Median rent is $1,627/month, with 31.4% of renters spending more than 30% of income on housing. The cost of living index is 103.1 (100 = national average). The median home was built in 2001.

Safety & Crime

New Castle reports 124 violent crimes per 100,000 residents , which is 67% below the national average of 380/100K. Property crime is 680/100K.

Education

36.4% of adults in New Castle hold a bachelor's degree or higher (8% above the national average). 94.9% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

New Castle has an average annual temperature of 49°F (10°C). Winters average 25°F in January while summers reach 74°F in July. Annual precipitation totals 10.7 inches. Air quality is rated Good with a median AQI of 49.

Data Overview

People

Population4,878
Median Age37.4 yrs
Density1,951/mi²
Male / Female47% / 53%
Foreign Born13.9%
Veterans7.5%

Economy

A+
Median Income$88,421
Per Capita$39,321
Unemployment1.3%
Poverty4.2%
County GDP$5,011M
Avg Weekly Wage$1,241

Housing

B+
Home Value$488,600
Rent$1,627
Ownership70.8%
Zillow$648,777
Housing Units1,899
Rent Burden31.4%

Crime

F
Violent124/100K
Property680/100K

Health

Obesity23.1%
Diabetes7.5%
Smoking10.9%
Heart Disease4.6%
Premature Death6,090/100K

Climate

Avg Temp49°F
Rain10.7 in/yr
AQI49 (Good)
Elevation5,825 ft

Education

B+
Bachelor's+36.4%
High School+94.9%
Graduate+12.4%
School Score5.4/10

Community

2024 VoteR 48% / D 50%
Commute32 min
Broadband100.0%
Internet Speed70 Mbps
EV Stations2
Libraries6

Did You Know?

The median home in New Castle was built in 2001.
18.0% work from home.
The nearest airport is Eagle County Regional (33 miles).
The Gini coefficient (income inequality) is 0.418 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.3% of the population has a disability.
13.9% of residents are foreign-born.
There are 228 restaurants in the area.
The county recorded 13 fatal vehicle crashes.
182 declared natural disasters on record.