Pros and Cons of Living In New Castle, Indiana. Is New Castle, IN a Nice Place To Live or Retire?

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New Castle, Indiana

Moving to New Castle In Indiana ? Is New Castle, IN a Nice Place To Live? Pros and Cons of Living in New Castle, Indiana. Find out the best and worst about to live, raise a family or retire in New Castle.

DEMOGRAPHICS

Population
17234
Unemployment
5.3%
13% NAT AVG.
Poverty
20.7%
48% NAT AVG.
Cost Of Living
76
24% NAT AVG.

ECONOMICS

Median Home Cost
$75300
67% NAT AVG.
Median Income
$42803
37% NAT AVG.
Median Rent
$690
41% NAT AVG.
Overall Score
5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 19
People Earning < $10,000
1 in 11
People Earning < $50,000
56.5%
People With Any Degree
1 in 4.8

ETHNICITY

Ethnicity New Castle USA
White 91.7% 60.1%
African American 2.8% 12.2%
American Indian 0% 0.6%
Asian 0.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.2% 2.8%
Hispanic 2.4% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME New Castle USA
Less than $10,000 9.1% 5.8%
$10,000 to $14,999 5.8% 4.1%
$15,000 to $24,999 14.3% 8.5%
$25,000 to $34,999 11.5% 8.6%
$35,000 to $49,999 15.8% 12.0%
$50,000 to $74,999 21.8% 17.2%
$75,000 to $99,999 11.4% 12.8%
$100,000 to $149,999 8.5% 15.6%
$150,000 to $199,999 0.9% 7.1%

EDUCATION

Education New Castle USA
< 9th Grade 4% 5.0%
9-12th Grade 7% 7.0%
High School or GED 48% 27.0%
Other College 20% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 9% 20.0%
Master's Degree 5% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 0% 1.0%
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. 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.

Cost of living in New Castle is 76, which is 24% lower than national average. In New Castle, only 14% of adults have a bachelor's degree and 27% have some college but no degree. 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.
New Castle Scorecard

Jobs60%

Housing40%

Affordability85%

Safety90%

Amenities90%

Diversity50%

Education60%

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