New Castle, IN Micro Area

Metro Area

Population: 48,896 (2023 estimate)

Core-Based Statistical Area (CBSA)

Metro area data from the U.S. Census Bureau. Core-Based Statistical Areas (CBSAs) are defined by the Office of Management and Budget and group counties with a central urban core plus surrounding communities that are economically tied to it. Metro areas often cross county and state lines, making them the best unit for understanding regional labor markets, housing costs, and commute patterns.

Metro income rankings Compare to another metro

Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — New Castle, IN Micro Area

What is the median household income in New Castle, IN Micro Area?: The median household income in New Castle, IN Micro Area is $60,144 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in New Castle, IN Micro Area?: The poverty rate in New Castle, IN Micro Area is 9.2% (U.S. Census Bureau ACS 2023).
What is the median home value in New Castle, IN Micro Area?: $140,200 (U.S. Census Bureau ACS 2023).
What is the average rent in New Castle, IN Micro Area?: The median gross rent in New Castle, IN Micro Area is $807 per month (U.S. Census Bureau ACS 2023).
What percentage of New Castle, IN Micro Area residents have a college degree?: 16.7% of adults in New Castle, IN Micro Area hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

48,896

Median Income

$60,144

Median Home Value

$140,200

Poverty Rate

9.2%

Unemployment (ACS 2023)

4.1%

Median Age

42.0 yrs

Since 2019 Median Income: +$10,312 (+20.7%) Home Value: +$39,800 (+39.6%) Poverty Rate: -2.4 pp (-20.7%) Bachelor's+: +0.3 pp (+1.8%) Unemployment: -1.4 pp (-25.5%)

Demographics

Total Population 48,896

Median Age 42.0

Female 47.3%

Race & Ethnicity

Hispanic or Latino 2.2% White (non-Hisp.) 92.4% Black 2.3% Asian 0.5% Two or More 2.9% Other 1.1%

Asian Subgroups (% of total pop.)

Chinese

0.3%

Filipino

0.1%

Korean

0.1%

Hispanic Subgroups (% of total pop.)

Mexican

1.6%

Puerto Rican

0.3%

Cuban

0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $60,144 ±$2,924

Per Capita Income $79,785

Median Family Income $75,353

Poverty Rate 9.2%

Child Poverty Rate 14.7%

Working-Age Poverty Rate —

SNAP Recipients 9.6%

Social Security Income —

Retirement Income 31.9%

Household Income Distribution

< $10k

3.4%

$10–15k

4.1%

$15–25k

9.6%

$25–35k

9.0%

$35–50k

13.7%

$50–75k

20.8%

$75–100k

13.5%

$100–150k

16.8%

$150–200k

5.3%

$200k+

3.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 20,968

Owner-Occupied 75.9%

Renter-Occupied 24.1%

Vacancy Rate 12.0%

Median Home Value $140,200

Median Gross Rent $807

Owner Cost Burden (30%+) 17.1%

Renter Cost Burden (30%+) 29.1%

Home Value Distribution

< $50k

10.9%

$50–100k

21.8%

$100–200k

21.0%

$200–300k

18.8%

$300–500k

9.2%

$500k–$1M

3.3%

$1M+

0.3%

Gross Rent Distribution

< $500

11.1%

$500–1k

64.2%

$1–1.5k

22.3%

$1.5–2k

2.1%

$2–2.5k

0.1%

$3.5k+

0.2%

Vehicle Availability

No vehicle

4.6%

1 vehicle

30.7%

2 vehicles

37.8%

26.9%

Housing Type

Single-fam. det.

82.6%

Single-fam. att.

1.9%

2–4 units

3.0%

5–19 units

2.0%

20+ units

2.7%

Mobile home

3.9%

Housing Age

Pre-1940

29.0%

1940–1969

9.0%

1970–1999

12.6%

2000–2009

6.5%

2010+

1.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 90.6%

Bachelor's or Higher 16.7%

Graduate Degree 5.9%

Some College / Associate 22.2%

Less Than High School 3.1%

Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 54.8%

Unemployment Rate 4.1%

Work from Home 8.1%

Self-Employed 5.6%

Government Workers 12.2%

Private For-Profit 82.2%

Industry

Edu/Health

24.5%

Manufacturing

19.4%

Retail

11.7%

Prof. Services

8.6%

Construction

7.0%

Arts/Entmt.

6.4%

Finance

4.3%

Transportation

4.3%

Public Admin

3.4%

Wholesale

2.7%

Agriculture

1.5%

Information

0.8%

Occupation

Management

30.6%

Production

21.8%

Sales

21.3%

Food Prep

16.2%

Construction

10.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 25.9 min

Drove Alone 79.8%

Carpool 9.6%

Public Transit 0.3%

Work from Home 8.1%

Walked 1.4%

Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 18,460

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 47.0%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 14.8%

Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5

5.0%

5–9

5.9%

10–14

5.6%

15–19

5.9%

20–24

6.1%

25–34

12.5%

35–44

12.2%

45–54

13.4%

55–64

6.9%

65–74

7.4%

75–84

11.2%

85+

6.2%

Under 18: 20.3% Working age (18–64): 79.7% 65 and over: 19.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 1.2%

Naturalized Citizen 56.9%

Speaks English Less Than Very Well 0.7%

Foreign-Born Origin

Latin America

52.1%

Asia

29.7%

Africa

13.6%

Europe

4.6%

Veterans & Disability

Veteran 8.3%

With a Disability 20.3%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 93.3%

Uninsured 6.7%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 86.2%

Has a Computer 92.2%

Same House 1 Year Ago 88.7%

Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023