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ZipNumbers

Indiana · Census place 52740

New Castle city, IN

Quick answer

New Castle city has 17,356 residents, ranking #52 of 976 places in Indiana. Median household income is $48,977, the median home is worth $95,100 and median gross rent runs $797 a month.

Population
17,356New Castle city residents
Median household income
$48,977Past 12 months, inflation adjusted
Median home value
$95,100Owner-occupied units
Median gross rent
$797Rent plus utilities, monthly
Median age
41.1 yrsAll residents
Homeownership rate
62.9%Owner-occupied households

What the numbers mean in New Castle city

Housing cost measured against local earnings.

A household earning the New Castle city median would spend about 19.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.5% of residents and 62.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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