New Castle, CO Employment - Median Household Income, Unemployment Rate

New Castle employment information

Index	New Castle	Colorado	National
Income per capita	$30,468	$33,230	$29,829
Median household income	$84,375	$62,520	$55,322
Median income owner occupied	$98,417	$79,776	$70,586
Median income renter occupied	$82,892	$39,538	$35,192
Median earnings male	$44,946	$40,003	$36,919
Median earnings female	$32,152	$27,854	$26,250
Unemployment rate	3.1%	4.0%	4.7%
Poverty level	3.1%	12.2%	15.1%

The New Castle, CO employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in New Castle is $30,468, which is 8% lower than than the Colorado average and 2% higher than than the national average. The median household income is $84,375, which is 35% higher than than the Colorado average and 53% higher than than the national average. The unemployment rate in New Castle is 3%, which is 33% lower than than the national average. The poverty rate in New Castle is 3% which is 79% lower than than the national average.

am i middle class

$56,244$84,375$168,750

City

$41,675$62,520$125,040

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in New Castle is 2% higher than the national average.
The median household income in New Castle is 53% higher than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in New Castle is 33% lower than the national average.
The poverty level in New Castle is 79% lower than the national average.

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Employment status

Hours worked per week

New Castle median earnings by income bracket

New Castle employment by industry

Labour Type	Male	Female
Construction industry	17.9%	2.6%
Manufacturing sector	1.4%	1.0%
Financial & insurance services	1.5%	3.6%
Wholesale & retail services	16.9%	12.0%
Public administration	2.1%	3.4%
Transportation, warehousing & utilities	12.8%	2.1%
Education, health & social services	12.1%	32.4%
Other	32.6%	39.0%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Chacra, CO	545	$84,120	52%
Rifle, CO	9,488	$57,018	3%
Silt, CO	2,996	$56,447	2%
Glenwood Springs, CO	9,806	$55,241	0%
No Name, CO	113	$0	100%
New Castle, CO	4,610	$84,375	53%

Cities with similar population

City, State	Population	Household Income	National Avg.
Winnfield, LA	4,610	$25,743	53%
Westlake, LA	4,611	$48,900	12%
Eldon, MO	4,611	$24,978	55%
Ward, AR	4,608	$51,543	7%
Pittsburg, TX	4,608	$33,990	39%
New Castle, CO	4,610	$84,375	53%

Source: The New Castle, CO employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).