New Castle is a city in Pennsylvania state in USA with a population of 21805 residents..
The poverty rate of New Castle is 25.9%, which is 85% higher than national average.
The typical household in New Castle earns $35117 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 66.5% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in New Castle are struggling financially. Nearly one in every 1 in every 9 workers in New Castle is unemployed.
The unemployment rate of New Castle remained 11.7%, which is 149% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.
Cost of living in New Castle is 87, which is 13% lower than national average.
In New Castle, only 15% of adults have a bachelor's degree and 27% have some college but no degree.
Median home value in New Castle is $62800 , which is 73% lower than national average.
While median income in New Castle remained $35117, which is 48% lower than national average.