New Castle Indiana Real Estate
New Castle, Indiana, is located in Henry County, 18 miles S of Muncie, Indiana and 42 miles E of Indianapolis, Indiana. New Castle has a population of 17,780.
New Castle Homes
New Castle properties pool is 7,397 residential properties including New Castle new homes. Median age of real estate in New Castle is 1951. Average Household size is 2.9 people. 2% are one bedroom homes, 35% are 2 bedroom homes, 47% are 3 bedroom homes, 13% are 4 bedroom homes, and 3% are 5+ bedroom homes.
New Castle Mortgage Statistics
New Castle mortgages vs. USA median statistics
| Homes |
New Castle |
USA |
| Homes With No Mortgage |
37% |
30% |
| Homes With Mortgage |
63% |
70% |
| First Mortgage Only |
47% |
54% |
| First & Second Mortgage or HELOC |
16% |
16% |
New Castle Area Real Estate Tax
New Castle Real estate Tax: Median Real Estate Taxes (2000) were $565 comparing to 1999 Median Family income $ 37,463. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
New Castle School District: Children make up 23.5% of New Castle population. New Castle has 4,177 under 18 years old residents, or 0.56 kids per one worker, or 0.56 kids per one household.
New Castle Real Estate & New Castle Homeownership
There are 2293.07 or 31% one person households, 2441.01 or 33% two person households, and 1257.49 or 17% three person households in New Castle, Indiana. Median residents age is 37.5, Senior citizens (65+) make up 3,077 or 17.3%% of New Castle population.
There are 7,485 workers (over 16 years of age) in New Castle. Of these, 94.75% drive to work. Approximately 0.2% of workers in New Castle take public transportation. An estimated 2.73% walk to work.
Median New Castle homeowner's housing expences are 14.9%
Crime in New Castle (2003), crimes per 10,000 residents per year
| Type of Crime |
New Castle |
USA, 2003 |
| Violent Crimes |
10.12 |
47.5 |
| Robberies |
3.94 |
14.2 |
| Aggravated Assaults |
1.69 |
29.5 |
| Property Crimes |
1057.93 |
358.8 |
| Burglaries |
206.97 |
74.0 |
| Larceny-Thefts |
802.59 |
241.5 |
| Motor Vehicle Thefts |
48.37 |
43.3 |
Invest in New Castle Properties
When making a decision about buying real estate in New Castle Indiana area, you should consider following statistical data:
| Category |
New Castle |
USA |
| Near Medium City |
Muncie, Indiana |
- |
| Near Large City |
Indianapolis, Indiana |
- |
| New Castle Zip Codes |
47362 |
- |
| New Castle Area Codes |
765 |
- |
| White population |
96.37% |
75.1% |
| African-American population |
1.85% |
12.3% |
| Asian |
0.21% |
3.6% |
| American Indian & Alaskan |
0.22% |
0.9% |
| Hispanic (of any race) |
1.09% |
12.5% |
| Median Family Income (1999) |
$ 37,463% |
$42,000 |
| Population Below Poverty Level |
12.11% |
12.4% |
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