New Castle, Indiana

Moving to or Living in New Castle Pros and Cons, Cost of Living, Crime Rate, Demographics

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

Explore the life in New Castle based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In New Castle
  2. Pros and Cons of Living In New Castle
  3. Crime In New Castle
  4. Cost of Living In New Castle
  5. Gender In New Castle
  6. Household Income For New Castle
  7. Education In New Castle
  8. Race & Ethnicity In New Castle
About New Castle, Indiana
Is New Castle, Indiana a good place to live?
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.
Population
17234
Unemployment
5.3%
13% NAT AVG.
Poverty
20.7%
48% NAT AVG.
Overall Score
5
Median Home
$75300
67% NAT AVG.
Median Income
$42803
37% NAT AVG.
Median Rent
$690
41% NAT AVG.
Cost Of Living
76
24% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 19
People Earning < $10,000
1 in 11
People Earning < $50,000
56.5%
People with <= High School
1 in 1.7
People With Any Degree
1 in 4.8
Pros & Cons Overview

Jobs60%

Housing40%

Affordability85%

Safety90%

Amenities90%

Diversity50%

Education60%

Commute85%


Cost of Living
Expense New Castle Indiana National Avg.
Services 82 93 100
Groceries 89 93 100
Health 77 94 100
Housing 47 74 100
Transportation 98 95 100
Utilities 90 96 100
Cost of Living
Gender
Gender New Castle Indiana Country
Female 50.7% 50.7% 50.8%
Male 49.3% 49.3% 49.2%
Gender

Household Income


Income New Castle Indiana Country
Less than $10,000 9.1% 5.9% 5.8%
$10,000 to $14,999 5.8% 4.1% 4.1%
$15,000 to $24,999 14.3% 9.5% 8.5%
$25,000 to $34,999 11.5% 9.9% 8.6%
$35,000 to $49,999 15.8% 13.6% 12.0%
$50,000 to $74,999 21.8% 19.2% 17.2%
$75,000 to $99,999 11.4% 13.5% 12.8%
$100,000 to $149,999 8.5% 14.7% 15.6%
$150,000 to $199,999 0.9% 5.2% 7.1%
$200,000 or more 0.8% 4.4% 8.3%
Education


Education New Castle Indiana Country
< 9th Grade 4% 4% 5.0%
9-12th Grade 7% 7% 7.0%
High School or GED 48% 33% 27.0%
Other College 20% 20% 20.0%
Associate's Degree 7% 9% 9%
Bachelor's Degree 9% 17% 20.0%
Master's Degree 5% 7% 9.0%
Professional Degree 0% 2% 2.0%
Doctorate Degree 0% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity New Castle Indiana Country
White 91.7% 78.4% 60.1%
African American 2.8% 9.3% 12.2%
American Indian 0% 0.2% 0.6%
Asian 0.4% 2.3% 5.6%
Hawaiian 0% 0% 0.2%
Other 0.3% 0.3% 0.3%
Multiracial 2.2% 2.4% 2.8%
Hispanic 2.4% 7.1% 18.2%
Race / Ethnicity