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The total population of New Castle is estimated to be 880 with 372 males (42.27%) and 508 females (57.73%). There are 136 more females than males in New Castle.
The median household income in New Castle was $34,623 in 2021, which marked an a decrease of 3,267(8.62%) from $37,890 in 2020. This income is 46.41% 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 $63,504. Overall, the median household income for the city of New Castle stands at $34,623.
In New Castle, the median income for all workers aged 15 years and older, regardless of work hours, was $28,470 for males and $26,600 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $41,210 for males and $38,938 for females.
In New Castle, population is primarily represented by White households, reporting a median income of $34,961.
In 2022, the population of New Castle was 883, a 0.23% increase year-by-year from 2021. Previously, in 2021, New Castle's population was 881, a decline of 0.11% compared to a population of 882 in 2020.
The median age in New Castle, KY is 52.7, as per 2021 ACS 5-Year Estimates. Of the total population, 13.06% were under the age of 15, 13.68% aged 15 to 29, 38.95% aged 30 to 64, 25.15% aged 65 to 84, and 9.16% were 85 years of age and older.
Racial distribution of New Castle population: 92.43% are White, 4.27% are Black or African American, 0.12% are American Indian and Alaska Native, 0.61% are Asian and 2.56% are multiracial.