New Castle, Kentucky 

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Economy in New Castle, Kentucky

New Castle has an unemployment rate of 4.2%. The US average is 6.0%.

New Castle has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.

Tax Rates for New Castle
- The Sales Tax Rate for New Castle is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Castle is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for New Castle
- The average income of a New Castle resident is $15,074 a year. The US average is $28,555 a year.
- The Median household income of a New Castle resident is $21,000 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYNew Castle, KentuckyUnited States
  4.2%6.0%
  -4.5%-6.2%
  39.3%33.5%
  6.0%6.2%
  5.0%4.6%
  $18,566$31,177
  $27,813$57,652
  $45,313$70,850
  POPULATION BY OCCUPATION
  3.0%1.3%
  0.0%0.6%
  6.7%6.2%
  13.1%10.4%
  0.0%2.7%
  15.8%11.6%
  5.5%4.1%
  0.0%0.9%
  1.8%2.1%
  1.2%4.7%
  0.3%1.9%
  2.4%6.7%
  0.0%0.1%
  4.9%4.3%
  5.8%9.3%
  17.9%13.8%
  0.0%2.2%
  4.3%7.4%
  12.2%4.9%
  5.2%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    MAPS OF NEW CASTLE, KENTUCKY
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    ZIP CODES IN NEW CASTLE, KENTUCKY
    40050 40058


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