At a Glance
Median Income
$76,389
$42,691 per capita
Home Value
$417,700
Zillow: $469,257
Median Rent
$1,042/mo
24.5% of income on rent
Bachelor's Degree+
37.0%
98.4% high school+
Unemployment
1.2%
0.0% poverty rate
Obesity Rate
30.3%
12.7% smoking rate
How Newcastle Compares to the U.S. Average
Each bar shows Newcastle's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Newcastle a Good Place to Live?
A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Newcastle residents earn a median household income of $76,389 , which is 2% above the national average of $75,149.
Per capita income is $42,691. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 2,289 business establishments, including 171 restaurants.
Housing & Cost of Living
The median home value in Newcastle is $417,700 , 48% above the national median of $281,900.
Zillow estimates the typical home at $469,257. Median rent is $1,042/month, with 24.5% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1983.
Education
37.0% of adults in Newcastle hold a bachelor's degree or higher
(10% above the national average).
98.4% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Newcastle has an average annual temperature of 47°F (8°C).
Winters average 22°F in January while summers reach 69°F in July. Annual precipitation totals 49.2 inches. Air quality is rated Good with a median AQI of 33.
Data Overview
People
Population621
Median Age55.0 yrs
Density286/mi²
Male / Female52% / 48%
Foreign Born0.8%
Veterans18.0%
Economy
A+
Median Income$76,389
Per Capita$42,691
Unemployment1.2%
Poverty0.0%
County GDP$2,633M
Avg Weekly Wage$1,072
Housing
B+
Home Value$417,700
Rent$1,042
Ownership74.8%
Zillow$469,257
Housing Units353
Rent Burden24.5%
Health
Obesity30.3%
Diabetes7.8%
Smoking12.7%
Heart Disease5.0%
Premature Death7,638/100K
Climate
Avg Temp47°F
Rain49.2 in/yr
AQI33 (Good)
Elevation160 ft
Education
B+
Bachelor's+37.0%
High School+98.4%
Graduate+21.9%
School Score5.9/10
Community
2024 VoteR 40% / D 58%
Commute10 min
Broadband74.2%
Internet Speed117 Mbps
EV Stations1
Libraries16
Did You Know?
The median home in Newcastle was built in 1983.
21.5% work from home.
The nearest airport is Knox County Regional (22 miles).
The Gini coefficient (income inequality) is 0.436 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
15.1% of the population has a disability.
Average internet download speed is 117 Mbps.
There are 171 restaurants in the area.
The county recorded 6 fatal vehicle crashes.