New Castle is a very small town located in the state of Colorado. With a population of 4,894 people and just one neighborhood, New Castle is the 91st largest community in Colorado. There's nothing like the smell of a brand new house, and in New Castle, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to New Castle, and putting down their money on brand new construction. New Castle’s real estate is, on average, some of the newest in the nation. New Castle does seem to be experiencing an influx of affluent people, because the median household income is $80,084.00.
Housing costs in New Castle are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, New Castle is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, New Castle is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in New Castle who work in management occupations (19.06%), office and administrative support (14.15%), and healthcare (6.56%).
A relatively large number of people in New Castle telecommute to their jobs. Overall, about 14.89% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In terms of college education, New Castle is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 32.11% of adults in New Castle have a college degree.
The per capita income in New Castle in 2022 was $41,388, which is middle income relative to Colorado, and upper middle income relative to the rest of the US. This equates to an annual income of $165,552 for a family of four.
New Castle is an extremely ethnically-diverse town. The people who call New Castle home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Castle residents report their race to be White. New Castle also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 35.47% of the town’s residents. Important ancestries of people in New Castle include English, German, Irish, Albanian, and Scottish.
The most common language spoken in New Castle is English. Other important languages spoken here include Spanish and Italian.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 28 residents per square mile, is less crowded than 93.2% of all U.S. neighborhoods.
Did you know that the neighborhood has more Iranian and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Iranian ancestry and 2.2% have Finnish ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in New Castle are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 52.1% of the neighborhoods in America. With 11.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.1% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the neighborhood, 37.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.8%), and 16.8% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 74.2% of households. Other important languages spoken here include Spanish and Italian.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in New Castle, CO, residents most commonly identify their ethnicity or ancestry as Mexican (27.5%). There are also a number of people of English ancestry (15.0%), and residents who report German roots (13.2%), and some of the residents are also of Irish ancestry (7.0%), along with some Italian ancestry residents (2.9%), among others. In addition, 11.4% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (47.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (9.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.