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The total population of New Castle is estimated to be 17,413 with 8,893 males (51.07%) and 8,520 females (48.93%). There are 373 less females than males in New Castle.
The median household income in New Castle was $49,843 in 2021, which marked an an increase of 1,341(2.76%) from $48,502 in 2020. This income is 66.81% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, New Castle sees its highest median household income among householders in the age group of 25 to 44 years old, at $55,937. Overall, the median household income for the city of New Castle stands at $49,843.
In New Castle, the median income for all workers aged 15 years and older, regardless of work hours, was $34,515 for males and $23,645 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,324 for males and $38,955 for females.
In New Castle, there are just two different racial groups among households. Among these, Some Other Race households report a median household income of $110,569, while White households have a median household income of $50,033.
In 2022, the population of New Castle was 17,345, a 0.46% decrease year-by-year from 2021. Previously, in 2021, New Castle's population was 17,425, an increase of 0.16% compared to a population of 17,398 in 2020.
The median age in New Castle, IN is 40.5, as per 2021 ACS 5-Year Estimates. Of the total population, 17.78% were under the age of 15, 20.76% aged 15 to 29, 44.30% aged 30 to 64, 15.13% aged 65 to 84, and 2.03% were 85 years of age and older.
Racial distribution of New Castle population: 92.80% are White, 2.87% are Black or African American, 0.01% are American Indian and Alaska Native, 0.53% are Asian, 0.72% are some other race and 3.08% are multiracial.