At a Glance
Median Income
$33,833
$24,493 per capita
Home Value
$151,500
Zillow: $216,306
Median Rent
$704/mo
38.1% of income on rent
Bachelor's Degree+
17.6%
82.7% high school+
Unemployment
5.6%
10.6% poverty rate
Obesity Rate
34.5%
23.3% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is New Castle a Good Place to Live?
B
3.2 / 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 $33,833 , which is 55% below the national average of $75,149.
Per capita income is $24,493. The unemployment rate stands at 5.6% (56% above the U.S. rate of 3.6%). 10.6% of residents live below the poverty line. The area is home to 404 business establishments, including 14 restaurants.
Housing & Cost of Living
The median home value in New Castle is $151,500 , 46% below the national median of $281,900.
Zillow estimates the typical home at $216,306. Median rent is $704/month, with 38.1% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1969.
Education
17.6% of adults in New Castle hold a bachelor's degree or higher
(48% below the national average).
82.7% have completed high school. Local schools score 4.9/10 in standardized testing.
Climate & Weather
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 totals 49.8 inches.
Data Overview
People
Population865
Median Age49.4 yrs
Density2,110/mi²
Male / Female40% / 60%
Foreign Born0.9%
Veterans7.4%
Economy
C+
Median Income$33,833
Per Capita$24,493
Unemployment5.6%
Poverty10.6%
County GDP$476M
Avg Weekly Wage$957
Housing
A
Home Value$151,500
Rent$704
Ownership55.0%
Zillow$216,306
Housing Units479
Rent Burden38.1%
Health
Obesity34.5%
Diabetes11.5%
Smoking23.3%
Heart Disease7.0%
Premature Death12,702/100K
Climate
Avg Temp55°F
Rain49.8 in/yr
Elevation841 ft
Education
C
Bachelor's+17.6%
High School+82.7%
Graduate+10.0%
School Score4.9/10
Community
2024 VoteR 75% / D 23%
Commute25 min
Broadband75.4%
Internet Speed103 Mbps
EV Stations1
Libraries2
Did You Know?
The median home in New Castle was built in 1969.
The nearest airport is Louisville Muhammad Ali International (36 miles).
The Gini coefficient (income inequality) is 0.447 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
27.2% of the population has a disability.
Average internet download speed is 103 Mbps.
The county recorded 8 fatal vehicle crashes.