Is New Castle, CO a Good Place to Live?
New Castle is a small town of 4,874 in Colorado, with a median household income of $82,473 and a 2.7% unemployment rate. Its cost of living index is 100 (US average = 100), which is 0% above the national average.
Strengths: New Castle stands out for lower-than-average crime, solid school ratings (B+), a well-educated population.
Trade-offs: Potential downsides include high home prices. Whether New Castle is right for you depends on your priorities — the full breakdown is below.
All New Castle city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 100.4New Castle's overall cost of living index is 100.4, where 100 represents the US national average. Living in New Castle costs roughly 0% more than the average American city.
| Metric | New Castle, CO | National Avg |
|---|---|---|
| Median Home Value | $436,200 | $244,900 |
| Median Monthly Rent | $1,257 | $1,163 |
| Homeownership Rate | 70.5% | 65.9% |
| Median Household Income | $82,473 | $74,755 |
Crime & Safety
Very SafeNew Castle's violent crime rate is 123.7 per 100,000 residents — 67% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
New Castle is served primarily by Garfield School District No. Re-2. The student-to-teacher ratio is 17.5:1 (slightly above the national average of ~16:1).
| Metric | New Castle, CO | National Avg |
|---|---|---|
| School District | Garfield School District No. Re-2 | — |
| Elementary Schools | 6 | — |
| Middle Schools | 2 | — |
| High Schools | 2 | — |
| Student/Teacher Ratio | 17.5:1 | 16:1 |
| Bachelor's Degree or Higher | 41.2% | 35.4% |
| High School Diploma or Higher | 94.9% | 91.1% |
Weather & Climate
New Castle sees average highs of 37.4°F in January and 88.2°F in July, with 20.1 inches of annual precipitation and 26.8 inches of snow per year.
| Metric | New Castle, CO |
|---|---|
| Average High — January | 37.4°F |
| Average High — July | 88.2°F |
| Annual Precipitation | 20.1" |
| Annual Snowfall | 26.8" |
Demographics
| Metric | New Castle, CO | National Avg |
|---|---|---|
| Population | 4,874 | — |
| Median Age | 36.2 | 38.9 |
| Unemployment Rate | 2.7% | 3.7% |
| Avg Commute Time | 26.3 min | 26 min |
| White (non-Hispanic) | 73.8% | 59.3% |
| Black or African American | 0.0% | 13.6% |
| Hispanic or Latino | 22.4% | 18.9% |
| Asian | 1.0% | 6.3% |
| Under 18 | 29.8% | 22.2% |
| 65 and over | 12.5% | 16.8% |
Nearby Cities
ZIP Codes in New Castle
New Castle, CO is covered by 1 ZIP code: