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.
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.
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%
Poverty
20.7%
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
New Castle Indiana
Gender
| Gender | New Castle | Indiana | Country |
|---|---|---|---|
| Female | 50.7% | 50.7% | 50.8% |
| Male | 49.3% | 49.3% | 49.2% |
Gender
Female Male
Household Income
< $10000 $10K to $15K $15K to $25K $25K to $35K $35K to $50K $50K to $75K $75K to $100K $100K to $150K $150K to $200K $200K or more
| 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
< 9th Grade 9-12th Grade High School or GED Other College Associate Degree Bachelor Degree Masters Degree Professional Degree Doctorate Degree
| 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
New Castle Indiana Country
Education
New Castle Indiana Country
Race / Ethnicity
White African American American Indian Asian Hispanic Hawaiian Mixed Other
| 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
New Castle Indiana Country