New Castle Northeast median real estate price is $118,564, which is less expensive than 88.0% of Indiana neighborhoods and 93.3% of all U.S. neighborhoods.
The average rental price in New Castle Northeast is currently $1,150, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.9% of Indiana neighborhoods.
New Castle Northeast is a suburban neighborhood (based on population density) located in New Castle, Indiana.
New Castle Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the New Castle Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in New Castle Northeast. The current real estate vacancy rate here is 20.3%. This is higher than the rate of vacancies in 87.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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.
NeighborhoodScout's exclusive research identifies the New Castle Northeast neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 45.8% of its working residents employed in such fields, which is a higher proportion than 97.6% of American neighborhoods.
NeighborhoodScout's exclusive research revealed that 93.4% of the adult residents in the New Castle Northeast neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.7% of the neighborhoods in America.
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 New Castle Northeast neighborhood in New Castle are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.5% of U.S. neighborhoods. With 26.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.3% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the New Castle Northeast neighborhood, 45.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.1%), and 15.3% in executive, management, and professional occupations.
The most common language spoken in the New Castle Northeast neighborhood is English, spoken by 100.0% of households. Some people also speak Italian (2.0%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the New Castle Northeast neighborhood in New Castle, IN, residents most commonly identify their ethnicity or ancestry as English (16.5%). There are also a number of people of Irish ancestry (15.6%), and residents who report German roots (14.0%), and some of the residents are also of French ancestry (1.5%).
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in New Castle Northeast neighborhood spend under 15 minutes commuting one-way to work (53.3% of working residents), one of the shortest commutes across America.
Here most residents (78.2%) 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 (8.2%) and 7.7% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.