Median Income
$82,473
household / year
Median Home Value
$436,200
owner-occupied
Median Rent
$1,257
gross / month
Cost of Living
100
national avg = 100

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: 100.4

New 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 Safe

New Castle's violent crime rate is 123.7 per 100,000 residents — 67% lower than the national average of ~380 per 100,000.

Violent Crime
123.7 /100k
Property Crime
680.3 /100k

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.

MetricNew Castle, CO
Average High — January37.4°F
Average High — July88.2°F
Annual Precipitation20.1"
Annual Snowfall26.8"

Demographics

MetricNew Castle, CONational Avg
Population4,874
Median Age36.238.9
Unemployment Rate2.7%3.7%
Avg Commute Time26.3 min26 min
White (non-Hispanic)73.8%59.3%
Black or African American0.0%13.6%
Hispanic or Latino22.4%18.9%
Asian1.0%6.3%
Under 1829.8%22.2%
65 and over12.5%16.8%

Nearby Cities

ZIP Codes in New Castle

New Castle, CO is covered by 1 ZIP code:

New Castle vs Other Cities

Frequently Asked Questions

New Castle's cost of living index is 100, where 100 is the national average. That puts New Castle roughly 0% above the national average in cost. The median home price is $436,200 and median rent is $1,257/month.
New Castle's violent crime rate is 123.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 680.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in New Castle are operated by Garfield School District No. Re-2. The district has 6 elementary, 2 middle, and 2 high schools. The student-to-teacher ratio is 17.5:1. 41.2% of adults 25+ hold a bachelor's degree or higher.
New Castle, CO has a population of 4,874, a median household income of $82,473, and an unemployment rate of 2.7%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Castle averages 37.4°F in January and 88.2°F in July. Annual rainfall is 20.1 inches with about 26.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
New Castle, CO is covered by 1 ZIP code: 81647.
The population of New Castle, Colorado is 4,874 with a median age of 36.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Castle: cost of living index 100 (100 = US average), median home $436,200, median household income $82,473, crime index 32 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare New Castle side by side with your current city to see the trade-offs.