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Newcastle, Maine Demographics & Population 2026

During the 2020–2024 ACS period, Newcastle, Maine had a total population of 664, the 122nd largest community in Maine, with a median household income of $80,833, which is 8% higher than the state average. The poverty rate is 5.9%.

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

Newcastle Quick Facts

Population 664
Median Household Income $80,833
Median Home Value $420,500
Poverty Rate 5.9%
Unemployment Rate 0.0%
Median Age 54.8 years
Homeownership Rate 84.9%
Affordability Ratio 5.2x
Bachelor's Degree or Higher 40.4%
High School Graduation Rate 92.9%
Diversity Index 9/100
Population 664 122nd of 155
Median Income $80,833 top 30%
Poverty Rate 5.9% 53% lower than national
Median Home Value $420,500 top 20%

How Newcastle 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
Population621664+6.9%
Median household income$76,389$80,833+5.8%
Median home value$417,700$420,500+0.7%

How Newcastle Compares

Economy & Housing

Household Income Distribution

Under $25K 1.4%
$25K-$50K 28.8%
$50K-$100K 28.8%
$100K+ 41.1%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
1.4%
$25K-$30K
3.8%
$30K-$35K
8.9%
$35K-$40K
9.9%
$40K-$45K
3.8%
$45K-$50K
2.4%
$50K-$60K
2.4%
$60K-$75K
4.5%
$75K-$100K
21.9%
$100K-$125K
0.3%
$125K-$150K
4.5%
$150K-$200K
29.4%
$200K+
6.9%

Employment

0.0% Unemployment Rate State: 3.8%|National: 5.2%
57.5% Labor Force Participation

Housing Overview

Owner 84.9%
Renter 15.1%
Affordability Index Expensive
5.2x home value to income ratio
Median gross rent $1,219/mo 18.1% of median household income annually

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

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

State average: 19 | National average: 61

Education

Newcastle Rankings in Maine

#122 Population of 155
#41 Median Income of 144
#53 Education of 155
#27 Home Value of 153

Other Cities in Lincoln County

CityPopulationMedian IncomePovertyHome Value
Waldoboro 1,459 $68,895 10.6% $291,600
Damariscotta 1,100 $67,647 15.7% $419,100
Boothbay Harbor 1,047 $49,861 25.6% $327,800
Wiscasset 898 $90,147 6.5% $288,700

Cities Similar to Newcastle

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Alfred661N/A$365,00019.1%6.3%
Mapleton705$81,146$137,90025.9%12.2%
Anson680$87,770$100,4005.3%8.7%
Casco618N/A$248,50037.3%26.2%
Bowdoinham766N/A$419,40065.2%21.8%

A note before these figures: with a population of 664, Newcastle's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Newcastle is a small community located in Maine, within Lincoln County. The total population is 664. It ranks as the 122nd most populous out of 155 Census-designated places in Maine.

Age Demographics

The median age in Newcastle is 54.8 years. This is 22% higher than the state median of 44.8 years. Only 10.4% of residents are under 18, indicating fewer families with children. 19.9% 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 Newcastle is $80,833. This is 8% higher than the state median of $74,733. It is also about the same as the national median of $80,734. The poverty rate stands at 5.9%. This is 45% lower than the state poverty rate of 10.8%. The survey records no unemployed residents in Newcastle, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $420,500. Housing costs are 42% higher than the state median of $296,600. The home-value-to-income ratio is 5.2x. 84.9% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 74.3%.

Race & Ethnicity

Newcastle has a predominantly White (non-Hispanic) population, comprising 95.3% of all residents. Hispanic or Latino residents account for 2.4%.

Education

40.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 11% higher than the state rate of 36.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.9%. Notably, 24.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Newcastle, Maine 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 Maine state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 155 Census-designated places in Maine. 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 Newcastle, Maine?

Newcastle, Maine has a population of 664 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Newcastle, ME?

The median household income in Newcastle is $80,833, which is about the same as the national median of $80,734.

What is the poverty rate in Newcastle, ME?

The poverty rate in Newcastle is 5.9%. This means approximately 39 residents live below the federal poverty line.

What is the racial makeup of Newcastle, Maine?

Newcastle's population is 95.3% White, 0.0% Black, 2.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Newcastle, ME?

The median home value in Newcastle is $420,500. The home-value-to-income ratio is 5.2x.

How educated is Newcastle, Maine?

40.4% of adults (25+) in Newcastle hold a bachelor's degree or higher, and 24.9% hold a graduate or professional degree.