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New Castle, Kentucky

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,052
Population
$43,203
Median Income
$154,000
Home Value
41.1
Median Age

Demographics

New Castle has a population of 1,052 with a median age of 41.1. Here is the racial and ethnic breakdown of the population:

White
95.1%
Hispanic
3.5%
Black
2.4%
Demographic Value
Total Population1,052
Median Age41.1
White95.1%
Black or African American2.4%
Asian0.2%
Hispanic or Latino3.5%
New Castle, Kentucky — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 101.White: 94.0%Hispanic/Latino: 3.5%Black: 2.4%Other: 0.2%1,052PopulationWhiteWhite94.0%Hispanic/LatinoHispanic/Latino3.5%BlackBlack2.4%OtherOther0.2%

Income & Economy

The median household income in New Castle is $43,203, which is 46.4% below the national median of $80,610. The per capita income is $26,703. The poverty rate is 18.5%.

$43,203
Median Household Income
$26,703
Per Capita Income
18.5%
Poverty Rate

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Education

In New Castle, 82.6% of residents age 25+ have a high school diploma or higher, and 17.8% hold a bachelor's degree or higher (8.8% with a graduate or professional degree).

HS Diploma+
82.6%
Bachelor's+
17.8%
Graduate+
8.8%
Education Level % of Adults (25+)
High School Diploma or Higher82.6%
Bachelor's Degree or Higher17.8%
Graduate or Professional Degree8.8%

Housing

The median home value in New Castle is $154,000, below the national median of $303,400. The median monthly rent is $764. The homeownership rate is 53.7%.

$154,000
Median Home Value
$764/mo
Median Rent
53.7%
Homeownership Rate
Housing Metric Value
Median Home Value$154,000
Median Monthly Rent$764
Homeownership Rate53.7%
Vacancy Rate12.0%

Salaries in Kentucky

Explore salary data for popular occupations in Kentucky:

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Other Cities in Kentucky

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Frequently Asked Questions

What is the population of New Castle, Kentucky?
The population of New Castle, Kentucky is 1,052 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Castle, Kentucky?
The median household income in New Castle, Kentucky is $43,203. This is 46.4% below the national median of $80,610.
What is the median home value in New Castle, Kentucky?
The median home value in New Castle, Kentucky is $154,000. The median monthly rent is $764.
What percentage of people in New Castle have a college degree?
In New Castle, Kentucky, 17.8% of adults age 25 and older hold a bachelor's degree or higher, and 82.6% have a high school diploma or higher.
Is New Castle, Kentucky an affordable place to live?
The home price-to-income ratio in New Castle, Kentucky is 3.6x (median home value $154,000 vs. median income $43,203), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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