2025 Compare Cities Economy:
Monticello, KY vs New Castle, IN

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Highlights
- Household income in New Castle, is 14% more than it is in Monticello and is 50% below the National Average.
- Monticello unemployment rate is 5.4%.
- New Castle unemployment rate is 4.3%.
 Monticello, KYNew Castle, INUnited States
 Unemployment Rate  Unlock4.3%6.0%
 Recent Job Growth  Unlock1.4%1.6%
 Future Job Growth36.7%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock4.7%4.6%
 Income per Cap.$18,416  Unlock$37,638
 Household Income  Unlock$46,112$69,021
 Family Median Income$52,598  Unlock$85,028
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 Est. Households By Income
 Monticello, KYNew Castle, INUnited States
 Income Less Than 15K  Unlock15.1%9.4%
 Income between 15K and 20K10.1%  Unlock3.8%
 Income between 20K and 30K  Unlock12.6%8.1%
 Income between 30K and 40K5.4%  Unlock8.0%
 Income between 40K and 50K  Unlock9.8%7.6%
 Income between 50K and 60K14.5%  Unlock7.2%
 Income between 60K and 75K  Unlock10.3%9.6%
 Income between 75K and 100K7.4%  Unlock12.8%
 Income between 100K and 150K  Unlock9.0%16.3%
 Income between 150K and 200K3.8%  Unlock7.8%
 Income greater than 200K  Unlock1.1%9.5%
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 Population By Occupation
 Monticello, KYNew Castle, INUnited States
 Management, business, finance7.0%  Unlock16.4%
 Engineering, computers, science  Unlock2.5%6.5%
 Community, social services0.9%  Unlock1.8%
 Legal  Unlock0.2%1.2%
 Education, library5.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.2%2.0%
 Healthcare practitioners and technology5.2%  Unlock6.2%
 Healthcare support  Unlock7.4%3.3%
 Firefighters, law enforcement0.3%  Unlock2.1%
 Food preparation, serving  Unlock4.4%5.4%
 Building maintenance7.2%  Unlock3.6%
 Personal care  Unlock2.2%2.6%
 Sales, office, administrative support29.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.0%  Unlock8.1%
 Production, transportation, material moving  Unlock23.7%13.1%
Reviews for Monticello    2 Reviews

Over 13 years ago

My name is Allan Carter. I grew up in Wayne County Kentucky on a farm. It was an Excellent life. I can't complain about any thing. We always had plenty to eat, money to  More

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I would suggest that anyone considering living in Monticello, KY check out the mortality statistics. According to local physicians (who will talk privately), the cancer  More

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Reviews for New Castle    4 Reviews

Hello, I would like to know more about New Castle current and future economic and crime condition. Several forums indicate that this city is ghost town with minimal  More

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Over 13 years ago

I will always call New Castle.. Home. I do have such wonderful memories there. When I moved there because my Dad's job had relocated, it was not only his home town but  More

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I grew up in New Castle and am sad to say I will never go back. New Castle has no jobs and is close to ghost town. The town is one big courthouse,prison or work release  More

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