Median Income
$33,833
55% lower than US avg
Home Value
$151,500
46% lower than US avg
Bachelor's+
17.6%
48% lower than US avg
Median Rent
$704
39% lower than US avg
Unemployment
2.7%
25% lower than US avg
Poverty Rate
10.6%
15% lower than US avg
How New Castle Compares to the U.S. Average (100% = U.S. avg)
People
Population865
Median Age49.4 yrs
Density2,110/mi²
Male / Female40% / 60%
Largest GroupWhite 97%
Economy
B
Median Income$33,833
Per Capita$24,493
Unemployment2.7%
Poverty10.6%
County GDP$476M
Commute25 min
Housing
A
Home Value$151,500
Rent$704
OwnershipN/A
Zillow$214,838
Climate
Avg Temp55°F
AQI41 (Good)
Rain52.9 in/yr
Elevation841 ft
Education
C
Bachelor's+17.6%
High School+82.7%
School Score5.50
Community
2024 VoteR 75% / D 23%
Commute25 min
Libraries2
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 low unemployment, affordable housing. Areas to be aware of include below-average incomes. 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 $33,833, 55% below the national average of $75,149. The job market is very strong with unemployment at just 2.7%. 10.6% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 25 minutes.
Cost of Living & Housing
The median home value in New Castle is $151,500, 46% below the national median — offering relatively affordable homeownership. Renters pay a median of $704 per month, below the national average — a plus for affordability. A price-to-income ratio of 4.5x indicates a reasonably affordable housing market.
Education
17.6% of residents hold a bachelor's degree, below the national average of 33.7%. 82.7% have completed high school. Area schools have an average test score of 5.5/10.
Climate & Weather
New Castle experiences four distinct seasons with an average temperature of 55°F. Winters average 32°F in January while summers reach 76°F in July. Annual precipitation totals 52.9 inches. Air quality is rated Good with a median AQI of 41.
New Castle has a population of 865 with a density of 2,110 people per square mile. The median age is 49.4 years, 27% older than the national median of 38.9. The city is predominantly White (96.5%), with 1.7% Black.
Population
49.4yrs
Median Age
27% above US avg
Race & Ethnicity
New Castle vs U.S. Average
Language Spoken at Home
| English Only | 96.7% |
| 23% above US avg |
| Spanish | 3.3% |
| 75% below US avg |
Social Characteristics
New Castle vs U.S. Average
The median household income in New Castle is $33,833, which is 55% below the national average of $75,149. The unemployment rate is 2.7% (below the 3.6% US average). 10.6% of residents live below the poverty line. Workers commute an average of 25 minutes.
Income: New Castle vs U.S.
Income
| Median HH Income | $33,833 |
| 55% below US avg |
| Per Capita Income | $24,493 |
| Avg Weekly Wage | $957 |
| IRS Avg AGI | $61,623 |
Employment & Poverty
| Unemployment | 2.7% |
| 25% below US avg |
| Poverty Rate | 10.6% |
| 15% below US avg |
| Establishments (County) | 404 |
| County GDP | $476M |
Business (County)
| Restaurants | 14 |
| Healthcare | 21 |
| Retail | 41 |
| Manufacturing | 6 |
Tax & Cost of Living
| Property Tax (IRS) | $3,344 |
| 4% below US avg |
| Effective Tax Rate | 2.21% |
Commute & Transportation
| Commute Time | 24.5 min |
| Work from Home | 6.1% |
The median home value in New Castle is $151,500, 46% below the national average. Monthly rent averages $704 (39% below US avg). Zillow estimates the typical home value at $214,838.
Home Values
| Census Median | $151,500 |
| 46% below US avg |
| Zillow ZHVI | $214,838 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $704 |
| 39% below US avg |
HUD Fair Market Rent
| Studio | $719 |
| 1 Bedroom | $794 |
| 2 Bedrooms | $984 |
| 3 Bedrooms | $1,277 |
| 4 Bedrooms | $1,442 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $3,344 |
| 4% below US avg |
| Effective Rate | 2.21% |
Health Metrics: New Castle vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
| Insurance Rate | 92.9% |
| |
| Premature Death | 12,702/100K |
Food & Exercise
| Food Environment | 8.0/10 |
| Exercise Access | 21.2% |
| Healthcare Facilities | 21 |
Crime Rates: New Castle vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 8 |
Safety Score
New Castle has an average annual temperature of 55°F (13°C). Winters average 32°F in January while summers reach 76°F in July. Annual precipitation is 52.9 inches. Air quality is rated Good with a median AQI of 41.
Temperature
32°F Jan (-0°C)
76°F Jul (25°C)
| Annual Average | 55.2°F |
| 2% above US avg |
| January Average | 32°F (-0°C) |
| July Average | 76°F (25°C) |
Precipitation & Snow
| Annual Rainfall | 52.9 inches |
| 39% above US avg |
Air Quality
| AQI Median | 41.0 |
| Rating | Good |
Geography
| Elevation | 841 ft (256 m) |
| Area | 0.4 sq mi (1.1 km²) |
| Population Density | 2,110/sq mi |
| Coordinates | 38.4336°N, 85.1692°W |
| County FIPS | 21103 |