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New Castle, KY

Full City Profile · Kentucky · Henry County County

2.7 /5.0
C+ Fair
865 Population 2,110/sq mi density
$33,833 Median Income $24,493 per capita
$151,500 Home Value $214,838 Zillow
$704 Median Rent 38.1% income on rent
55°F Avg Temperature 290 sunny days/yr
40 Violent Crime/100K 874 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$33,833 median income, 2.7% unemployment
A
Affordability
4.2 / 5.0
$151,500 home value, $704/mo rent
F
Safety
1.0 / 5.0
40 violent crimes/100K
C
Education
2.4 / 5.0
17.6% bachelor's degree or higher

Income Overview

Median Household Income
$33,833
55% below
US avg: $75,149
Per Capita Income
$24,493
37% below
US avg: $39,052
Unemployment Rate
2.7%
25% below
US avg: 3.6%
Poverty Rate
10.6%
15% 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
$33,833
45%
Per Capita
US: $39,052
$24,493
63%
IRS Avg AGI
US: $72,000
$61,623
86%
Avg Weekly Wage
US: $1,432
$957
67%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$957
33% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
6.1%
60% below US avg (15.2%)
Drive Alone
85.9%
17% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$476M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 85.9%
Public Transit 0%
Work From Home 6.1%
Other 8%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
404
Restaurants
14
Healthcare
21
Retail
41
Manufacturing
6

Tax & Financial

IRS Avg Adjusted Gross Income
$61,623
14% below US avg ($72,000)
Avg Property Tax
$3,344
4% below US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$33,833
Per Capita Income$24,493
IRS Avg Adjusted Gross Income$61,623
Avg Weekly Wage$957
County GDP$476M

Hardship Indicators

Unemployment Rate2.7%
Poverty Rate10.6%
Gini Coefficient0.447
Cost of Living Index90.2

Commute

Mean Commute25 minutes
Drive Alone85.9%
Public Transit0.0%
Work From Home6.1%

Businesses

Total Establishments404
Restaurants14
Healthcare21
Retail41
Manufacturing6

Tax

IRS Avg AGI$61,623
Avg Property Tax$3,344