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Newcastle, Maine

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
664
Population
$80,833
Median Income
$420,500
Home Value
54.8
Median Age

Demographics

Newcastle has a population of 664 with a median age of 54.8. Here is the racial and ethnic breakdown of the population:

White
95.3%
Hispanic
2.4%
Other
2.3%
Demographic Value
Total Population664
Median Age54.8
White95.3%
Hispanic or Latino2.4%
Other / Two or More Races2.3%
Newcastle, Maine — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.3%Hispanic/Latino: 2.4%Other: 2.3%664PopulationWhiteWhite95.3%Hispanic/LatinoHispanic/Latino2.4%OtherOther2.3%

Income & Economy

The median household income in Newcastle is $80,833, which is 0.3% above the national median of $80,610. The per capita income is $46,508. The poverty rate is 5.9%.

$80,833
Median Household Income
$46,508
Per Capita Income
5.9%
Poverty Rate

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Education

In Newcastle, 92.9% of residents age 25+ have a high school diploma or higher, and 40.3% hold a bachelor's degree or higher (24.9% with a graduate or professional degree).

HS Diploma+
92.9%
Bachelor's+
40.3%
Graduate+
24.9%
Education Level % of Adults (25+)
High School Diploma or Higher92.9%
Bachelor's Degree or Higher40.3%
Graduate or Professional Degree24.9%

Housing

The median home value in Newcastle is $420,500, above the national median of $303,400. The median monthly rent is $1,219. The homeownership rate is 84.9%.

$420,500
Median Home Value
$1,219/mo
Median Rent
84.9%
Homeownership Rate
Housing Metric Value
Median Home Value$420,500
Median Monthly Rent$1,219
Homeownership Rate84.9%
Vacancy Rate20.2%

Salaries in Maine

Explore salary data for popular occupations in Maine:

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Other Cities in Maine

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Frequently Asked Questions

What is the population of Newcastle, Maine?
The population of Newcastle, Maine is 664 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Newcastle, Maine?
The median household income in Newcastle, Maine is $80,833. This is 0.3% above the national median of $80,610.
What is the median home value in Newcastle, Maine?
The median home value in Newcastle, Maine is $420,500. The median monthly rent is $1,219.
What percentage of people in Newcastle have a college degree?
In Newcastle, Maine, 40.3% of adults age 25 and older hold a bachelor's degree or higher, and 92.9% have a high school diploma or higher.
Is Newcastle, Maine an affordable place to live?
The home price-to-income ratio in Newcastle, Maine is 5.2x (median home value $420,500 vs. median income $80,833), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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