Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
This area reports elevated crime rates per 100,000 individuals, potentially pointing some areas being unsafe for its residents. Stats are based on both property and violent crimes.
New Castle is a smaller city located in the state of Delaware. The city has a population of 5,302 people. The majority of New Castle residents report their race to be White; this is followed by Black and Asian. In New Castle, there seems to be a shift in population towards an older age group. The average age of the population is now 52, which is significantly higher than the nation’s average. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in New Castle is the right fit for you, your one way commute time will average 24 minutes, which is about average when compared to the national commute time of 26 minutes.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a positive experience if you are willing to get to know the area before actually living in New Castle, Delaware. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around New Castle, AreaVibes has created a livability score using key metrics like crime, health & safety, education, employment and more.
The livability score in New Castle is 72/100 and the city is ranked in the 82nd percentile of all cities across America. For each of the livability categories, we see that New Castle ranks very well for employment (A+) and housing (A-).
The unemployment rate in New Castle has consistently declined over the years and currently stands well below the national average at 1.27%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The New Castle market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in New Castle is actually affordable. Median real estate prices in New Castle come in at $211,700, which is 9.2% lower than the Delaware average. The home price to income ratio compares the median home prices to the median household income. In New Castle, the home price to income ratio is 2.9, which is 23.7% lower than the Delaware average.
Statistic | New Castle | Delaware | National |
Average one way commute | 24min | 26min | 26min |
Workers who drive to work | 88.4% | 81.3% | 76.4% |
Workers who carpool | 2.3% | 8.2% | 9.3% |
Workers who take public transit | 2.5% | 2.9% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 2.2% | 2.1% | 2.8% |
Working from home | 4.7% | 4.3% | 4.6% |