New Castle
New Castle city, Indiana
Alright, let's talk about New Castle, Indiana. Nestled in the heart of the Hoosier State, this charming city offers a refreshing escape from the hustle and bustle, with a distinctly affordable lifestyle that's hard to beat. Imagine owning a home for a mere $90,300, a fraction of the national median, and you're already picturing the financial freedom that New Castle can provide. The pace of life here is slower, friendlier, and focused on community. You'll find a welcoming atmosphere and a strong sense of belonging, making it an ideal place to raise a family or simply enjoy a more relaxed way of life.
From an investment perspective, New Castle presents a compelling opportunity, especially for those seeking value. While the median household income sits at $46,925, the significantly lower cost of living means your dollar stretches much further. The city is known for its safety, making it an attractive option for families and individuals alike. This is a place for those who prioritize affordability, community spirit, and a simpler way of living. It's a place where you can build a life without breaking the bank, and where neighbors still know each other's names.
New Castle, Indiana at a Glance
New Castle is a city in New Castle city, Indiana with a population of approximately 17,413. The median home value is $90,300 and the median household income is $46,925. It has a Walk Score of 47 out of 100, indicating car dependency. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,013 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$90,300
Median Income
$46,925
Population
17,413
Walk Score
47
Air Quality
AQI 44
Good
Climate Risk
Relatively High
Fair
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- Population
- 17,413
- Median Age
- N/A
- Median Household Income
- $46,925
37% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 19.4%
56% above nat'l avg
- Median Home Value
- $90,300
68% below nat'l avg
- Median Rent
- $1,013
13% below nat'l avg
- Homeownership Rate
- 35.0%
47% below nat'l avg
- Affordability Index
- 159
59% above nat'l avg
- Violent Crime Rate
- N/A
- Property Crime Rate
- 0.2 per 1K
99% below nat'l avg
- AQI
- 44
5% above nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 84.70
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.6¢/kWh
12% below nat'l avg
- Est. Monthly Electric
- $131
4% below nat'l avg
- Total Schools
- 44
- Elementary
- 27
- Middle
- 6
- High School
- 8
- Avg. Enrollment
- 753
- Student-Teacher Ratio
- 17.3:1
- Free/Reduced Lunch
- 64.8%
- Title I Schools
- 0%
- Charter Schools
- 15.9%
Student Demographics
Nearby Schools
- Unemployment Rate
- 5.5%
49% above nat'l avg
- Poverty Rate
- 19.4%
56% above nat'l avg
Weather & Climate in New Castle
Avg High
63°F
Avg Low
46°F
Annual Rainfall
43"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Marion County county-level presidential election data
Culture & Things to Do in New Castle
Henry County 4-H Fair
Annual county fair featuring livestock exhibits, carnival rides, and entertainment.
New Castle Cruise-In
Classic car show and cruise-in held in downtown New Castle.
Summer Concert Series
Free outdoor concerts held throughout the summer months.
Christmas City of New Castle
Holiday festivities including a parade, tree lighting, and other seasonal events.
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