What percentage of people rent in New Castle, CO?

26.9% (±9.6 points) of the occupied homes in New Castle, CO are rented (2020–2024 American Community Survey).

That is 546 renting households against 1,481 that own their home.

In New Castle, the share of households that rent went from 28.8% in 2015–2019 to 26.9% in 2020–2024 (−1.9 percentage points), not a measurable change.

Figures last updated on .

Households that rent
26.9% (±9.6 points)
Renting households
546 (±192)
Median renter income
$42,221 (±$28,244)

Who rents and who owns in New Castle

Tenure, estimate (90% margin of error)
New CastleGarfield CountyColoradoUnited States
Renter-occupied share26.9% (±9.6 points)30.4% (±2.3 points)33.8% (±0.3 points)34.8%
Renting households546 (±192)7,112 (±563)802,483 (±6,593)45,017,354
Owning households1,481 (±283)16,292 (±577)1,571,735 (±8,198)84,210,142
Average renter household size2.3 (±0.6)2.4 (±0.1)2.2 (±0.0)2.3
Average owner household size2.5 (±0.3)2.7 (±0.1)2.6 (±0.0)2.6
Median renter household income$42,221 (±$28,244)$68,663 (±$5,259)$63,537 (±$555)$52,966
Median owner household income$84,861 (±$33,818)$105,504 (±$5,471)$117,732 (±$838)$100,009

In New Castle, the renter share is not measurably different from Garfield County (30.4%).

It is not measurably different from Colorado (33.8%).

It is not measurably different from the national figure (34.8%).

In Garfield County, New Castle ranks 6 of 7 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 187 of 339.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in New Castle has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent28.8% (±9.9 points)26.9% (±9.6 points)−1.9 percentage pointsNot a measurable change
Median gross rent$1,480 (±$252)$1,393 (±$534)−5.9%No measurable change after inflation
Median household income$91,659 (±$17,510)$80,084 (±$16,383)−12.6%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near New Castle

Nearest places with a published estimate, compared with New Castle
PlaceDistanceHouseholds that rentCompared with this place
New Castle—26.9% (±9.6 points)—
Silt7.0 mi26.2% (±9.9 points)Not measurably different
Glenwood Springs10 mi45.3% (±5.8 points)Higher
Rifle13 mi33.6% (±6.4 points)Not measurably different
Carbondale21 mi36.3% (±6.6 points)Not measurably different
Dotsero26 mi20.4% (±18.0 points)Not measurably different
El Jebel26 mi24.2% (±15.0 points)Not measurably different
Battlement Mesa27 mi29.8% (±9.3 points)Not measurably different
Basalt29 mi40.7% (±9.6 points)Higher

Nearby places with a measurably higher figure: Glenwood Springs, CO (45.3%), Basalt, CO (40.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Garfield County, place by place

RankPlaceHouseholds that rent
1Parachute49.3% (±15.1 points)
2Glenwood Springs45.3% (±5.8 points)
3Carbondale36.3% (±6.6 points)
4Rifle33.6% (±6.4 points)
5Battlement Mesa29.8% (±9.3 points)
6New Castle26.9% (±9.6 points)
7Silt26.2% (±9.9 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in New Castle

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Questions about New Castle

How many renters are there in New Castle?

New Castle has an estimated 546 (±192) renting households, 26.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in New Castle?

In New Castle, the share of households that rent went from 28.8% in 2015–2019 to 26.9% in 2020–2024 (−1.9 percentage points), not a measurable change.

How big are renting households in New Castle?

A renting household in New Castle has 2.3 people on average, against 2.5 in an owned home.

How much do renters earn in New Castle?

The median renting household in New Castle, CO has an income of $42,221 (±$28,244) a year, against $84,861 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for New Castle town, Colorado (place:53395, in state:08).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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