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Newcastle, ME

Full City Profile · Maine · Knox County County

3.3 /5.0
B Good
621 Population 286/sq mi density
$76,389 Median Income $42,691 per capita
$417,700 Home Value $443,748 Zillow
$1,042 Median Rent 24.5% income on rent
47°F Avg Temperature 251 sunny days/yr
226 Violent Crime/100K 3,442 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$76,389 median income, 0.7% unemployment
B+
Affordability
3.6 / 5.0
$417,700 home value, $1,042/mo rent
F
Safety
1.0 / 5.0
226 violent crimes/100K
B+
Education
4.0 / 5.0
37.0% bachelor's degree or higher

Income Overview

Median Household Income
$76,389
2% above
US avg: $75,149
Per Capita Income
$42,691
9% above
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Newcastle vs. U.S. Average

Each bar shows Newcastle’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$76,389
102%
Per Capita
US: $39,052
$42,691
109%
IRS Avg AGI
US: $72,000
$75,849
105%
Avg Weekly Wage
US: $1,432
$1,072
75%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,072
25% below US avg ($1,432)
Mean Commute Time
10 min
64% below US avg (28 min)
Work From Home
21.5%
41% above US avg (15.2%)
Drive Alone
33.2%
55% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,633M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 33.2%
Public Transit 0%
Work From Home 21.5%
Other 45.3%
Average commute time
10 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,289
Restaurants
171
Healthcare
170
Retail
240
Manufacturing
94

Tax & Financial

IRS Avg Adjusted Gross Income
$75,849
5% above US avg ($72,000)
Avg Property Tax
$8,165
133% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$76,389
Per Capita Income$42,691
IRS Avg Adjusted Gross Income$75,849
Avg Weekly Wage$1,072
County GDP$2,633M

Hardship Indicators

Unemployment Rate0.7%
Poverty Rate0.0%
Gini Coefficient0.436
Cost of Living Index97.1

Commute

Mean Commute10 minutes
Drive Alone33.2%
Public Transit0.0%
Work From Home21.5%

Businesses

Total Establishments2,289
Restaurants171
Healthcare170
Retail240
Manufacturing94

Tax

IRS Avg AGI$75,849
Avg Property Tax$8,165