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New Castle, IN
Full City Profile · Indiana · Henry County County
New Castle, IN
At a Glance
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)
Is New Castle a Good Place to Live?
Economy & Jobs
New Castle residents earn a median household income of $48,977 , which is 35% below the national average of $75,149. Per capita income is $28,016. The unemployment rate stands at 3.3% (8% below the U.S. rate of 3.6%). 14.8% of residents live below the poverty line. The area is home to 893 business establishments, including 80 restaurants.
Housing & Cost of Living
The median home value in New Castle is $95,100 , 66% below the national median of $281,900. Zillow estimates the typical home at $162,096. Median rent is $797/month, with 25.8% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1953.
Safety & Crime
New Castle reports 285 violent crimes per 100,000 residents , which is 25% below the national average of 380/100K. Property crime is 1,425/100K.
Education
13.9% of adults in New Castle hold a bachelor's degree or higher (59% below the national average). 88.1% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
New Castle has an average annual temperature of 50°F (10°C). Winters average 26°F in January while summers reach 72°F in July. The area gets 293 sunny days per year. Annual precipitation totals 44.4 inches. Air quality is rated Good with a median AQI of 41.