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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 $638,030 Zillow
$1,627 Median Rent 31.4% income on rent
46°F Avg Temperature 330 sunny days/yr
79 Violent Crime/100K 903 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
79 violent crimes/100K
B+
Education
3.9 / 5.0
36.4% bachelor's degree or higher

Income Overview

Median Household Income
$88,421
18% above
US avg: $75,149
Per Capita Income
$39,321
1% above
US avg: $39,052
Unemployment Rate
0.8%
78% below
US avg: 3.6%
Poverty Rate
4.2%
66% below
US avg: 12.4%

Income Comparison: New Castle vs. U.S. Average

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

Median Household
US: $75,149
$88,421
118%
Per Capita
US: $39,052
$39,321
101%
IRS Avg AGI
US: $72,000
$94,076
131%
Avg Weekly Wage
US: $1,432
$1,241
87%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,241
13% below US avg ($1,432)
Mean Commute Time
32 min
15% above US avg (28 min)
Work From Home
18.0%
18% above US avg (15.2%)
Drive Alone
74.2%
1% above US avg (73.2%)
Public Transit
2.8%
45% below US avg (5.0%)
County GDP
$5,011M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.2%
Public Transit 2.8%
Work From Home 18%
Other 5%
Average commute time
32 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,052
Restaurants
228
Healthcare
183
Retail
257
Manufacturing
42

Tax & Financial

IRS Avg Adjusted Gross Income
$94,076
31% above US avg ($72,000)
Avg Property Tax
$4,523
29% above US avg ($3,500)
Cost of Living Index
103.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$88,421
Per Capita Income$39,321
IRS Avg Adjusted Gross Income$94,076
Avg Weekly Wage$1,241
County GDP$5,011M

Hardship Indicators

Unemployment Rate0.8%
Poverty Rate4.2%
Gini Coefficient0.418
Cost of Living Index103.1

Commute

Mean Commute32 minutes
Drive Alone74.2%
Public Transit2.8%
Work From Home18.0%

Businesses

Total Establishments3,052
Restaurants228
Healthcare183
Retail257
Manufacturing42

Tax

IRS Avg AGI$94,076
Avg Property Tax$4,523