New Castle is a very small town located in the state of Colorado. With a population of 4,848 people and just one neighborhood, New Castle is the 91st largest community in Colorado. Much of the housing stock in New Castle was built relatively recently. The construction of new real estate can often be taken as an indication that the local New Castle economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in New Castle, where the median household income is $82,473.00.
Housing costs in New Castle are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, New Castle is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, New Castle is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in New Castle who work in management occupations (16.37%), personal care services (10.56%), and teaching (10.38%).
New Castle is one of the most well-educated cities in the nation. 41.17% of adults in New Castle have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in New Castle in 2022 was $34,679, which is lower middle income relative to Colorado, and middle income relative to the rest of the US. This equates to an annual income of $138,716 for a family of four. However, New Castle contains both very wealthy and poor people as well.
New Castle is an extremely ethnically-diverse town. The people who call New Castle home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Castle residents report their race to be White, followed by Asian. New Castle also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 28.81% of the town’s residents. Important ancestries of people in New Castle include German, English, Irish, Italian, and European.
New Castle also has a high percentage of its population that was born in another country: 16.97%.
The most common language spoken in New Castle is English. Other important languages spoken here include Spanish and Italian.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Unpopulated, and rural, the neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 93.2% of the neighborhoods in America.
Did you know that the neighborhood has more Finnish and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Finnish ancestry and 2.7% have Iranian ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in New Castle are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.4% of the neighborhoods in America. In addition, 8.8% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 53.7% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 39.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.0%), and 11.0% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 79.9% of households. Other important languages spoken here include Spanish and Italian.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in New Castle, CO, residents most commonly identify their ethnicity or ancestry as German (23.2%). There are also a number of people of Mexican ancestry (15.0%), and residents who report English roots (9.6%), and some of the residents are also of Irish ancestry (8.2%), along with some Italian ancestry residents (6.5%), among others. In addition, 12.8% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (48.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (68.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (17.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.