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ZipNumbers

Kentucky · Census place 55596

New Castle city, KY

Quick answer

New Castle city has 865 residents, ranking #260 of 554 places in Kentucky. Median household income is $33,833, the median home is worth $151,500 and median gross rent runs $704 a month.

Population
865New Castle city residents
Median household income
$33,833Past 12 months, inflation adjusted
Median home value
$151,500Owner-occupied units
Median gross rent
$704Rent plus utilities, monthly
Median age
49.4 yrsAll residents
Homeownership rate
55%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 25% 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 4.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.2% of residents and 55% 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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