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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
Housing Overview
Median Home Value
$151,500
46% below
US avg: $281,900
Median Rent
$704/mo
39% below
US avg: $1,163/mo
Homeownership Rate
55.0%
16% below US avg (65.4%)
Total Housing Units
479
Median year built: 1969
Home Value by Source
Census Median
$151,500
Zillow (ZHVI)
$214,838
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.0%
Owner-Occupied
45.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent:
$704/mo
Affordability & Housing Stock
Rent Burden
38.1%
of renters spending 30%+ of income on housing
23% above US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
55.0%
Complete Housing Data
Home Values
| Census Median Value | $151,500 |
| Zillow Home Value (ZHVI) | $214,838 |
Rent
| Census Median Rent | $704 |
| FMR Studio | $719 |
| FMR 1-Bedroom | $794 |
| FMR 2-Bedroom | $984 |
| FMR 3-Bedroom | $1,277 |
| FMR 4-Bedroom | $1,442 |
Market
Ownership & Stock
| Owner-Occupied | 55.0% |
| Renter-Occupied | 45.0% |
| Homeownership Rate | 55.0% |
| Total Housing Units | 479 |
| Median Year Built | 1969 |
| Rent Burden | 38.1% |