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New Castle, Kentucky Demographics & Population 2026

During the 2020–2024 ACS period, New Castle, Kentucky had a total population of 1,052, the 234th largest city in Kentucky, with a median household income of $43,203, which is 32% lower than the state average. The poverty rate is 18.5%.

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 1,052
Median Household Income $43,203
Median Home Value $154,000
Poverty Rate 18.5%
Unemployment Rate 8.6%
Median Age 41.1 years
Homeownership Rate 53.7%
Affordability Ratio 3.6x
Bachelor's Degree or Higher 17.8%
High School Graduation Rate 82.6%
Diversity Index 14/100
Population 1,052 234th of 552
Median Income $43,203 bottom 30%
Poverty Rate 18.5% 49% higher than national
Median Home Value $154,000 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
Population8651,052+21.6%
Median household income$33,833$43,203+27.7%
Median home value$151,500$154,000+1.7%

How New Castle Compares

Economy & Housing

Household Income Distribution

Under $25K 24.5%
$25K-$50K 37.3%
$50K-$100K 22.2%
$100K+ 16.0%
Detailed income brackets
Under $10K
6.0%
$10K-$15K
6.7%
$15K-$20K
1.8%
$20K-$25K
10.0%
$25K-$30K
3.5%
$30K-$35K
18.1%
$35K-$40K
1.4%
$40K-$45K
7.9%
$45K-$50K
6.5%
$50K-$60K
2.8%
$60K-$75K
6.9%
$75K-$100K
12.5%
$100K-$125K
9.3%
$125K-$150K
1.8%
$150K-$200K
4.2%
$200K+
0.7%

Employment

8.6% Unemployment Rate State: 4.9%|National: 5.2%
50.8% Labor Force Participation

Housing Overview

Owner 53.7%
Renter 46.3%
Affordability Index Affordable
3.6x home value to income ratio
Median gross rent $764/mo 21.2% of median household income annually

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 33 | National average: 61

Education

New Castle Rankings in Kentucky

#234 Population of 552
#368 Median Income of 496
#276 Education of 550
#261 Home Value of 495

Other Cities in Henry County

CityPopulationMedian IncomePovertyHome Value
Eminence 2,724 $41,734 26.6% $192,600
Campbellsburg 1,016 $54,875 21.2% $162,200
Smithfield 153 $49,375 17.6% $171,900

Cities Similar to New Castle

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pine Knot1,051N/AN/A1.9%52.9%
Dixon1,036$46,607$82,5005.6%20.1%
Lewisburg1,043$38,988$102,4008.7%23.8%
Silver Grove1,008$46,595$107,70012.3%7.5%
Wheelwright964N/A$72,0009.1%40.7%

Population Overview

New Castle is a small community located in Kentucky, within Henry County. The total population is 1,052. It ranks as the 234th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in New Castle is 41.1 years. This is 5% higher than the state median of 39.1 years. 16.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in New Castle is $43,203. This is 32% lower than the state median of $63,726. It is also 46% lower than the national median of $80,734. The poverty rate stands at 18.5%. This is 15% higher than the state poverty rate of 16.1%. The unemployment rate is 8.6%. This is 76% higher than the state rate of 4.9%. The median home value is $154,000. Housing costs are 25% lower than the state median of $205,600. The home-value-to-income ratio is 3.6x. 53.7% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 68.3%.

Race & Ethnicity

New Castle has a predominantly White (non-Hispanic) population, comprising 92.5% of all residents. Hispanic or Latino residents account for 3.5%. The Black or African American population (2.4%) is well below the state average of 7.5%. The Asian population (0.2%) is well below the state average of 1.6%.

Education

17.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.6%.

Data Sources & Methodology

All demographic data for New Castle, Kentucky 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 Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. 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, Kentucky?

New Castle, Kentucky has a population of 1,052 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in New Castle is $43,203, which is 46% lower than the national median of $80,734.

What is the poverty rate in New Castle, KY?

The poverty rate in New Castle is 18.5%. This means approximately 177 residents live below the federal poverty line.

What is the racial makeup of New Castle, Kentucky?

New Castle's population is 92.5% White, 2.4% Black, 3.5% Hispanic/Latino, and 0.2% Asian.

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

The median home value in New Castle is $154,000. The home-value-to-income ratio is 3.6x.

How educated is New Castle, Kentucky?

17.8% of adults (25+) in New Castle hold a bachelor's degree or higher, and 8.8% hold a graduate or professional degree.