Home / Select Cities  /  2024 Comparing New Castle, IN vs. Richmond, IN

2024 Compare Cities Economy:
New Castle, IN vs Richmond, IN

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Highlights
- Household income in Richmond, is 10% less than it is in New Castle and is 66% below the National Average.
- New Castle unemployment rate is 4.3%.
- Richmond unemployment rate is 5.5%.

Economy
 New Castle, INRichmond, INUnited States
 Unemployment Rate4.3%5.5%6.0%
 Recent Job Growth1.4%0.4%1.6%
 Future Job Growth35.5%29.6%33.5%
 Sales Taxes7.0%7.0%6.2%
 Income Taxes4.7%4.7%4.6%
 Income per Cap.$23,677$23,880$37,638
 Household Income$46,112$41,569$69,021
 Family Median Income$53,300$55,433$85,028
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 Est. Households By Income
 New Castle, INRichmond, INUnited States
 Income Less Than 15K15.1%15.4%9.4%
 Income between 15K and 20K5.2%8.9%3.8%
 Income between 20K and 30K12.6%12.7%8.1%
 Income between 30K and 40K11.3%11.4%8.0%
 Income between 40K and 50K9.8%9.5%7.6%
 Income between 50K and 60K12.2%8.5%7.2%
 Income between 60K and 75K10.3%10.4%9.6%
 Income between 75K and 100K11.7%10.2%12.8%
 Income between 100K and 150K9.0%9.1%16.3%
 Income between 150K and 200K1.6%1.9%7.8%
 Income greater than 200K1.1%2.0%9.5%
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 Population By Occupation
 New Castle, INRichmond, INUnited States
 Management, business, finance8.4%11.9%16.4%
 Engineering, computers, science2.5%1.6%6.5%
 Community, social services1.6%3.2%1.8%
 Legal0.2%0.0%1.2%
 Education, library9.3%6.3%6.2%
 Arts, design, media, sports, entertainment1.2%0.5%2.0%
 Healthcare practitioners and technology4.4%5.9%6.2%
 Healthcare support7.4%3.9%3.3%
 Firefighters, law enforcement2.1%1.3%2.1%
 Food preparation, serving4.4%7.8%5.4%
 Building maintenance2.3%3.6%3.6%
 Personal care2.2%2.1%2.6%
 Sales, office, administrative support24.6%19.1%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair5.7%7.7%8.1%
 Production, transportation, material moving23.7%25.1%13.1%

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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 12 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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Reviews for Richmond    5 Reviews

do you see any changes no and lot of people don't even vote in this poverty retirement town. most of the educated people have left Richmond and Indiana all together. Be  More

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Over 11 years ago

Richmond is an attractive city for the most part, but for its population there is way to much crime. The police seem to worry more about petty issues like driving  More

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Over 13 years ago

Richmond is a great city homes here are very reasonable to buy. We have great parks. And lots of things to do for a town our size. I was born here so were my parents and  More

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