Housing data for New Castle, KY
New Castle, KY has an estimated 1,052 residents and 491 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Henry County.
46.3% of households rent.
The median gross rent is $764 a month.
Figures last updated on .
- Residents
- 1,052 (±257)
- Housing units
- 491 (±117)
- Households that rent
- 46.3%
- Median gross rent
- $764
- Residents since 2015–2019
- +3.0%
What stands out in New Castle
Homes in buildings of 5 or more units: 21.6% (±8.5 points) in New Castle, higher than in Henry County (4.1%).
Households that rent: 46.3% (±10.5 points) in New Castle, higher than in Henry County (23.7%).
Rental vacancy rate: 15.6% (±11.0 points) in New Castle, higher than in Henry County (3.3%).
Households without a vehicle: 14.1% (±7.1 points) in New Castle, higher than in Henry County (5.9%).
Housing in New Castle at a glance
- Median rent: $764 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $854 median gross rent, 2 bedrooms
- Rent burden: 61.0% of renters pay 30% or more of income
- Renters and owners: 46.3% of households rent
- Income and affordability: $43,203 median household income
- Home values: $154,000 median home value
- Homeowner costs: $1,129 median monthly cost with a mortgage
- Property taxes: $1,342 median real estate taxes a year
- Types of homes: 21.6% of homes are in buildings of 5 or more units
- Bedrooms: 40.3% of homes have 3 or more bedrooms
- Age of homes: 69.4% of homes were built before 1980
- Vacancy rate: 15.6% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 51.2% heat with utility gas
- Commute and cars: 27.5 minutes average trip to work
- Growth: +3.0% residents since 2015–2019
- How long people stay: 29.4% moved in since 2020
- Crowding and facilities: 3.9% of homes have more than 1 person per room (Small sample: wide margin of error)
- Fair Market Rent: $1,010 Small Area FMR, 2 bedrooms (ZIP 40058)
New Castle against Henry County, its state and the nation
| New Castle | Henry County | Kentucky | United States | |
|---|---|---|---|---|
| Residents | 1,052 (±257) | 15,856 (exact) | 4,534,824 (exact) | 334,922,499 |
| Housing units | 491 (±117) | 6,705 (±27) | 2,023,116 (±474) | 143,775,355 |
| Households that rent | 46.3% (±10.5 points) | 23.7% (±3.2 points) | 31.7% (±0.3 points) | 34.8% |
| Median gross rent | $764 (±$574) | $895 (±$57) | $967 (±$5) | $1,413 |
| Median household income | $43,203 (±$11,991) | $63,347 (±$4,205) | $63,726 (±$429) | $80,734 |
| Median home value | $154,000 (±$20,777) | $197,900 (±$14,610) | $205,600 (±$1,096) | $332,700 |
| Median real estate taxes (a year) | $1,342 (±$233) | $1,611 (±$101) | $1,544 (±$10) | $3,119 |
| Built before 1980 | 69.4% (±16.3 points) | 56.3% (±5.0 points) | 47.1% (±0.4 points) | 49.7% |
| Average commute | 27.5 minutes (±6.2) | 30.5 minutes (±2.0) | 24.0 minutes (±0.2) | 26.4 minutes |
| Households with broadband | 78.2% (±9.0 points) | 83.7% (±3.6 points) | 88.6% (±0.2 points) | 91.0% |
| Median age of residents | 41.1 years (±14.0) | 41.0 years (±0.8) | 39.1 years (±0.1) | 38.9 years |
New Castle covers 0.4 square miles of land, about 2,566 residents per square mile (Census Bureau Gazetteer).
How New Castle has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,021 (±226) | 1,052 (±257) | +3.0% | Not a measurable change |
| Housing units | 485 (±90) | 491 (±117) | +1.2% | Not a measurable change |
| Median gross rent | $763 (±$123) | $764 (±$574) | +0.1% | No measurable change after inflation |
| Median home value | $99,100 (±$9,010) | $154,000 (±$20,777) | +55.4% | Up after inflation |
| Median household income | $34,750 (±$8,394) | $43,203 (±$11,991) | +24.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $891 (±$192) | $1,129 (±$149) | +26.7% | No measurable change after inflation |
| Median real estate taxes | $895 (±$127) | $1,342 (±$233) | +49.9% | No measurable change after inflation |
| Households that rent | 53.2% (±10.7 points) | 46.3% (±10.5 points) | −6.9 percentage points | Not a measurable change |
| Rental vacancy rate | 10.4% (±10.8 points) | 15.6% (±11.0 points) | +5.2 percentage points | Not a measurable change |
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.
Crime reported to police in Henry County
New Castle has no police department of its own in the FBI’s figures, so this is the figure for Henry County as a whole.
In 2025, the police departments that report for Henry County recorded 25 violent and 239 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in New Castle
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 40058 | 100% | 37 | — | $212,500 | $66,635 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near New Castle
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Eminence | 4.8 mi | $836 | $192,600 | 45.9% |
| Smithfield | 5.7 mi | $957 | $171,900 | 46.7% |
| Pleasureville | 6.5 mi | $1,598 | $153,400 | 52.1% |
| Campbellsburg | 6.5 mi | $917 | $162,200 | 22.5% |
| La Grange | 12 mi | $1,143 | $283,200 | 22.5% |
| Gratz | 12 mi | — | — | 0.0% |
| Worthville | 13 mi | — | $66,400 | 26.8% |
| Bedford | 14 mi | $884 | $95,800 | 60.6% |
Places in Kentucky most like New Castle
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Irvine | $710 | $139,200 | $42,805 | 55.8% |
| Maysville | $699 | $151,500 | $39,013 | 47.7% |
| Eminence | $836 | $192,600 | $41,734 | 45.9% |
| Corbin | $733 | $166,000 | $51,065 | 46.5% |
| Lewisport | $824 | $138,200 | $55,873 | 40.7% |
| Augusta | $744 | $110,200 | $51,250 | 43.4% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Kentucky.
HUD Fair Market Rent for New Castle, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $976 | $1,058 | $1,276 | $1,629 | $1,874 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for New Castle, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $20,800 | $34,650 | $55,450 |
| 2 people | $23,800 | $39,600 | $63,400 |
| 3 people | $27,320 | $44,550 | $71,300 |
| 4 people | $33,000 | $49,500 | $79,200 |
| 5 people | $38,680 | $53,500 | $85,550 |
| 6 people | $44,360 | $57,450 | $91,900 |
| 7 people | $50,040 | $61,400 | $98,250 |
| 8 people | $55,720 | $65,350 | $104,550 |
These are the limits HUD sets for its housing programs in the Louisville, KY-IN HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $99,000.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about New Castle
How much is a one-bedroom apartment in New Castle?
The median gross rent for a one-bedroom home in New Castle, KY is $374 (±$35) a month (2020–2024 American Community Survey).
Are renters in New Castle rent-burdened?
61.0% of renting households in New Castle pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in New Castle?
New Castle has an estimated 200 (±70) renting households, 46.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in New Castle?
The median household income in New Castle is $43,203 (±$11,991) a year (2020–2024 American Community Survey).
What is the average home value in New Castle, KY?
The Census Bureau publishes the median: $154,000 (±$20,777) for owner-occupied homes in New Castle (2020–2024 American Community Survey).
What is the average mortgage payment in New Castle?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in New Castle, KY is $1,129 (±$149) a month, including taxes, insurance and utilities.
Is New Castle growing?
In New Castle, the number of residents went from 1,021 in 2015–2019 to 1,052 in 2020–2024 (+3.0%), not a measurable change.
What ZIP codes are in New Castle?
The ZIP code that covers New Castle is 40058.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — New Castle city, Kentucky
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Castle city, Kentucky
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Castle city, Kentucky
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — New Castle city, Kentucky
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — New Castle city, Kentucky
- Total Population (B01003), 2015–2019 ACS 5-year estimates — New Castle city, Kentucky
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Castle city, Kentucky
- HUD Fair Market Rents, fiscal year 2027: Louisville, KY-IN HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Louisville, KY-IN HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for New Castle city, Kentucky (place:55596, in state:21).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .