Newcastle, TX
Full City Profile · Texas · Young County County
Newcastle, TX
At a Glance
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)
Is Newcastle a Good Place to Live?
Economy & Jobs
Newcastle residents earn a median household income of $63,750 , which is 15% below the national average of $75,149. Per capita income is $31,007. The unemployment rate stands at 3.5% (3% below the U.S. rate of 3.6%). 5.8% of residents live below the poverty line. The area is home to 614 business establishments, including 44 restaurants.
Housing & Cost of Living
The median home value in Newcastle is $40,500 , 86% below the national median of $281,900. Zillow estimates the typical home at $204,888. Median rent is $521/month, with 27.6% 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 1965.
Education
17.0% of adults in Newcastle hold a bachelor's degree or higher (50% below the national average). 82.0% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
Newcastle has an average annual temperature of 65°F (18°C). Winters average 44°F in January while summers reach 85°F in July. Annual precipitation totals 30.0 inches.