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New Castle, Colorado Demographics & Population 2026

During the 2020–2024 ACS period, New Castle, Colorado had a total population of 4,880, the 118th largest town in Colorado, with a median household income of $80,084, which is 16% lower than the state average. The poverty rate is 6.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

New Castle Quick Facts

Population 4,880
Median Household Income $80,084
Median Home Value $454,300
Poverty Rate 6.2%
Unemployment Rate 0.8%
Median Age 38.7 years
Homeownership Rate 73.1%
Affordability Ratio 5.7x
Bachelor's Degree or Higher 32.1%
High School Graduation Rate 94.9%
Diversity Index 50/100
Population 4,880 118th of 472
Median Income $80,084 average
Poverty Rate 6.2% 50% lower than national
Median Home Value $454,300 average

How New Castle Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population4,8784,880+0.0%
Median household income$88,421$80,084-9.4%
Median home value$488,600$454,300-7.0%

How New Castle Compares

Economy & Housing

Household Income Distribution

Under $25K 15.6%
$25K-$50K 16.6%
$50K-$100K 27.6%
$100K+ 40.2%
Detailed income brackets
Under $10K
4.7%
$10K-$15K
1.2%
$15K-$20K
3.3%
$20K-$25K
6.4%
$25K-$30K
0.4%
$30K-$35K
4.6%
$35K-$40K
0.6%
$40K-$45K
11.1%
$45K-$50K
0.0%
$50K-$60K
4.9%
$60K-$75K
10.2%
$75K-$100K
12.5%
$100K-$125K
10.4%
$125K-$150K
4.0%
$150K-$200K
11.7%
$200K+
14.1%

Employment

0.8% Unemployment Rate State: 4.6%|National: 5.2%
58.4% Labor Force Participation

Housing Overview

Owner 73.1%
Renter 26.9%
Affordability Index Expensive
5.7x home value to income ratio
Median gross rent $1,393/mo 20.9% of median household income annually

People & Demographics

Diversity Index

50out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 52 | National average: 61

Education

New Castle Rankings in Colorado

#118 Population of 472
#207 Median Income of 399
#236 Education of 472
#191 Home Value of 412

Other Cities in Garfield County

CityPopulationMedian IncomePovertyHome Value
Rifle 10,570 $80,000 6.0% $413,500
Glenwood Springs 10,241 $91,481 7.9% $619,000
Carbondale 6,637 $108,324 10.5% $900,600
Battlement Mesa 5,755 $76,152 11.0% $312,700
Silt 3,642 $93,690 2.6% $446,900
Parachute 1,422 $58,778 27.5% $271,400
Chacra 457 N/A 21.7% $1,041,700
Mulford 413 $141,036 0.0% $1,302,100
Cattle Creek 396 $44,769 4.8% $1,100,000
No Name 269 $158,377 0.0% N/A

Cities Similar to New Castle

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Dove Valley4,806$81,524$455,60044.4%11.6%
Edgewater4,932$76,591$636,90046.6%15.3%
Manitou Springs4,735$85,000$561,20057.2%11.2%
West Pleasant View5,051$95,817$489,40029.2%11.7%
Brush5,306$73,382$273,00016.5%14.2%

Population Overview

New Castle is a small community located in Colorado, within Garfield County. The total population is 4,880. It ranks as the 118th most populous out of 472 Census-designated places in Colorado.

Age Demographics

The median age in New Castle is 38.7 years. This is 3% higher than the state median of 37.7 years.

Economy, Income & Housing

The median household income in New Castle is $80,084. This is 16% lower than the state median of $95,470. It is also about the same as the national median of $80,734. The poverty rate stands at 6.2%. This is 35% lower than the state poverty rate of 9.4%. The unemployment rate is 0.8%. This is 82% lower than the state rate of 4.6%. The median home value is $454,300. Housing costs are 16% lower than the state median of $539,400. The home-value-to-income ratio is 5.7x. 73.1% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 66.2%.

Race & Ethnicity

The largest racial or ethnic group in New Castle is White (non-Hispanic), making up 61.0% of the population. Hispanic or Latino residents account for 35.5%. The Hispanic or Latino population is significantly higher than the state average (35.5% vs 22.5%).

Education

32.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% lower than the state rate of 45.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.9%.

Data Sources & Methodology

All demographic data for New Castle, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 472 Census-designated places in Colorado. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of New Castle, Colorado?

New Castle, Colorado has a population of 4,880 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Castle, CO?

The median household income in New Castle is $80,084, which is about the same as the national median of $80,734.

What is the poverty rate in New Castle, CO?

The poverty rate in New Castle is 6.2%. This means approximately 301 residents live below the federal poverty line.

What is the racial makeup of New Castle, Colorado?

New Castle's population is 61.0% White, 0.0% Black, 35.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in New Castle, CO?

The median home value in New Castle is $454,300. The home-value-to-income ratio is 5.7x.

How educated is New Castle, Colorado?

32.1% of adults (25+) in New Castle hold a bachelor's degree or higher, and 10.8% hold a graduate or professional degree.