New Castle is a city in Indiana state in USA with a population of 17234 residents.. The poverty rate of New Castle is 20.7%, which is 48% higher than national average. The typical household in New Castle earns $42803 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in New Castle, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Castle remained 5.3%, which is 13% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Castle, only 14% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in New Castle is 76, which is 24% lower than national average. Median home value in New Castle is $75300 , which is 67% lower than national average. While median income in New Castle remained $42803, which is 37% lower than national average.