New Castle is a small town of 224 in Virginia, with a median household income of N/A
and a 2.6% unemployment rate.
Its cost of living index is 91 (US average = 100), which is
9% below the national average.
Strengths:
New Castle stands out for an affordable cost of living, solid school ratings (A), a well-educated population.
Trade-offs:
Potential downsides include longer commutes. 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: 90.9
New Castle's overall cost of living index is 90.9,
where 100 represents the US national average.
Living in New Castle costs roughly 9% less than the average American city.
Metric
New Castle, VA
National Avg
Median Home Value
$273,000
$244,900
Median Monthly Rent
$681
$1,163
Homeownership Rate
61.9%
65.9%
Median Household Income
N/A
$74,755
Crime & Safety
Very Safe
New Castle's violent crime rate is 155.9 per 100,000 residents
— 59% lower than the national average of ~380 per 100,000.
Violent Crime
155.9 /100k
Property Crime
584.7 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
New Castle is served primarily by Craig County Public Schools.
The student-to-teacher ratio is 10.8:1
(better than the national average of ~16:1).
Metric
New Castle, VA
National Avg
School District
Craig County Public Schools
—
Elementary Schools
1
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
10.8:1
16:1
Bachelor's Degree or Higher
57.7%
35.4%
High School Diploma or Higher
87.6%
91.1%
Weather & Climate
New Castle sees average highs of 46.2°F in January
and 86.1°F in July,
with 43.8 inches of annual precipitation
and 11.4 inches of snow per year.
New Castle's cost of living index is 91, where 100 is the national average.
That makes New Castle roughly 9% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $273,000 and median rent is $681/month.
New Castle's violent crime rate is 155.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 584.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in New Castle are operated by Craig County Public Schools.
The district has 1 elementary, several middle, and 1 high schools.
The student-to-teacher ratio is 10.8:1. 57.7% of adults 25+ hold a bachelor's degree or higher.
New Castle, VA has a population of 224, a median household income of N/A, and an unemployment rate of 2.6%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. 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 46.2°F in January and 86.1°F in July. Annual rainfall is 43.8 inches
with about 11.4 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
New Castle, VA is covered by 1 ZIP code: 24127.
The population of New Castle, Virginia is 224 with a median age of 33.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Castle: cost of living index 91 (100 = US average), median home $273,000, median household income N/A, crime index 36 (100 = US average, lower is safer), schools rated A. 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.
