Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
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.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
New Castle is a medium-sized city located in the state of Indiana. The city has a population of 17,234 people. According to the most recent Census, 93% of New Castle residents are White, 3% Black and 0% Asian. If you're not a fan of traffic congestion and long commute times to work, New Castle is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 21 minutes, significantly lower than the national average of 26 minutes.
If you’re considering relocating 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 town before actually living in New Castle, Indiana. 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. With useful information like amenities, commute, health & safety, employment and other key data points, finding the best places to live in New Castle and in the areas around New Castle is a much easier task.
Using data and statistics New Castle has received a livability score of 70 out of 100. This score is ranked in the 77th percentile when compared to all other cities. There are nine total categories that generate the livability score. New Castle scores well for housing (A-) Regrettably for New Castle, there are some categories for which it does not score well, this includes: amenities (F), crime (D-) and employment (F).
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their New Castle apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that New Castle meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in New Castle. Everything else becomes a lot less important if it turns out that home prices in New Castle are simply unattainable. The median home price for New Castle homes is $75,300, which is 40.5% lower than the Indiana average. If we take a closer look at the affordability of homes in New Castle, we’ll see that the home price to income ratio is 1.8, which is 28% lower than the Indiana average.
Statistic | New Castle | Indiana | National |
Average one way commute | 21min | 23min | 26min |
Workers who drive to work | 81.9% | 83.0% | 76.4% |
Workers who carpool | 12.7% | 8.9% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.4% | 0.5% | 0.6% |
Workers who walk | 1.9% | 2.1% | 2.8% |
Working from home | 2.2% | 3.5% | 4.6% |