New Castle Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for New Castle, New Hampshire? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for New Castle, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in New Castle is $164,167.00.

The chart below shows the average household income by age in New Castle.

  • Under 25
    $0.00
  • 25 to 44
    $0.00
  • 45 to 64
    $250,001.00
  • 65 and over
    $94,348.00

Average Household Income

A very commonly asked question is "what is the average household income in New Castle, New Hampshire?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in New Castle is $326,973.00.

44.19% of households in New Castle, New Hampshire are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for New Castle but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for New Castle

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for New Castle, New Hampshire easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    6.51%
  • $25,000 to $49,999
    10.70%
  • $50,000 to $74,999
    4.88%
  • $75,000 to $99,999
    13.49%
  • $100,000 to $149,999
    6.98%
  • $150,000 to $199,999
    13.26%
  • $200,000 or more
    44.19%

Per Capita Income

The per capita income is the average income of all people in New Castle, New Hampshire. This is calculated by dividing the total income of all people in New Castle by the total number of people in New Castle.

It differs from the average or mean household income because it includes all people in New Castle and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in New Castle, New Hampshire is $156,894.00.

Population in New Castle by Race and Ethnicity

The total population in New Castle is currently 904 people.

The race and ethnicity of the population in New Castle can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in New Castle, New Hampshire.

  • 0.00% White
    0
  • 100.00% Black/African American
    904
  • 97.30% Native
    880
  • 2.20% Hispanic
    20
  • 0.00% Asian
    0
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 0.40% Other
    4

Population of New Castle by Age and Gender

Another very important demographics statistic for New Castle, New Hampshire is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 48 14
10 to 19 Years 84 29
20 to 29 Years 26 7
30 to 39 Years 16 9
40 to 49 Years 46 40
50 to 59 Years 84 84
60 to 69 Years 87 115
70 Years and over 95 120

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in New Castle, New Hampshire.

  • Master's degree or higher
    28.03%
  • Bachelor's degree
    64.97%
  • Some college or associate's degree
    1.27%
  • High school diploma or equivalent
    5.10%
  • Less than high school diploma
    0.64%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for New Castle because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in New Castle look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in New Castle, New Hampshire that are over the age of 16.

The current population in New Castle that are over the age of 16 is 762 people.

The unemployment rate in New Castle is 0.00%, which means 0 people are unemployed.

Median Age in New Castle

The median age is an interesting metric because it gives us an idea of the age distribution of people in New Castle, New Hampshire. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in New Castle is 57.4 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in New Castle

57.4

Total

54.4

Male

62.6

Female

Households and Families

There are a total of 430 households in New Castle, and the average household size is 2.1 people.

For families, the total number is 271, and the average family size is 2.65 people.

4.40% of those families in New Castle, New Hampshire are living below the poverty line.

The table below shows the poverty thresholds for New Castle in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in New Castle, New Hampshire for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 245 10 16 159
Average Household Size 2.63 4.2 2.13 1.16
Total Families 245 10 16 0
Average Household Size 2.62 4.2 2.13 0

Housing Data in New Castle

There are total of 544 housing units in New Castle, New Hampshire. Of those units, 430 (79.04%) are occupied, and 114 (20.96%) are vacant.

Rental Rates

Of the 544 housing units in New Castle, 34 (6.25%) are occupied by renters. The median rent paid by renters is $2,786.00.

Owner occupied housing units make up the remaining 72.79% of housing units, with 396 housing units in total.

The table below breaks down how much rent is paid by renters in New Castle, New Hampshire.

  • No rent paid
    0
  • Less than $500
    4
  • $500 to $999
    0
  • $1,000 to $1,499
    9
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    7
  • $3,000 or more
    14

Property Values

The median value of a property in New Castle is $1,475,000.00.

The table below breaks down the range of valuations for all properties in New Castle.

  • Less than $50,000
    0
  • $50,000 to $99,999
    0
  • $100,000 to $149,999
    6
  • $150,000 to $199,999
    0
  • $200,000 to $299,999
    2
  • $300,000 to $499,999
    9
  • $500,000 to $999,999
    96
  • $1,000,000 or more
    283

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in New Castle, New Hampshire.

  • 1939 or earlier
    209
  • 1940 to 1949
    15
  • 1950 to 1959
    5
  • 1960 to 1969
    15
  • 1970 to 1979
    45
  • 1980 to 1989
    76
  • 1990 to 1999
    96
  • 2000 to 2009
    59
  • 2010 to 2013
    24
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in New Castle has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    14
  • 1 vehicle available
    137
  • 2 vehicles available
    216
  • 3 or more vehicles available
    63

Commuting to Work in New Castle

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of New Castle, New Hampshire, how they commute, and how that correlates to other data points.

The average travel time is 26.3 minutes, and the chart below covers the range of travel times across the population of New Castle.

  • Less than 5 minutes
    9
  • 5 to 9 minutes
    46
  • 10 to 14 minutes
    68
  • 15 to 19 minutes
    28
  • 20 to 24 minutes
    16
  • 25 to 29 minutes
    17
  • 30 to 34 minutes
    3
  • 35 to 39 minutes
    15
  • 40 to 44 minutes
    13
  • 45 to 59 minutes
    6
  • 60 to 89 minutes
    14
  • 90 or more minutes
    10

We can also look at the means of transport in New Castle to see which modes of transport people are using to commute to work.

  • Drove alone
    226
  • Carpooled
    0
  • Public transportation
    3
  • Walked
    6
  • Other means
    10
  • Worked from home
    129

Conclusion

Hopefully this article has given you the demographics data you were looking for in New Castle, New Hampshire.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for New Castle.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "New Castle Average Income, Population and Demographics". NameCensus.com. Accessed on June 22, 2024. https://namecensus.com/demographics/colorado/garfield-county/new-castle/.

  • "New Castle Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/colorado/garfield-county/new-castle/. Accessed 22 June, 2024

  • New Castle Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/colorado/garfield-county/new-castle/.