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The total population of Newcastle town is estimated to be 1,766 with 889 males (50.34%) and 877 females (49.66%). There are 12 less females than males in Newcastle town.
The median household income in Newcastle town was $85,730 in 2021, which marked an a decrease of 7,943(8.48%) from $93,673 in 2020. This income is 114.91% 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, Newcastle town sees its highest median household income among householders in the age group of 25 to 44 years old, at $106,064. Overall, the median household income for the town of Newcastle town stands at $85,730.
In Newcastle town, the median income for all workers aged 15 years and older, regardless of work hours, was $49,485 for males and $33,036 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,301 for males and $54,431 for females.
In Newcastle town, there are just two different racial groups among households. Among these, White households report a median household income of $85,899, while Two or More Races households have a median household income of $62,453.
In 2022, the population of Newcastle town was 1,900, a 0.21% increase year-by-year from 2021. Previously, in 2021, Newcastle town's population was 1,896, an increase of 2.38% compared to a population of 1,852 in 2020.
The median age in Newcastle, Maine is 48.8, as per 2021 ACS 5-Year Estimates. Of the total population, 14.02% were under the age of 15, 18.74% aged 15 to 29, 47.39% aged 30 to 64, 16.69% aged 65 to 84, and 3.16% were 85 years of age and older.
Racial distribution of Newcastle town population: 94.35% are White, 3.94% are Asian and 1.72% are multiracial.