New Castle, IN Metro Area is a great place to call home. With an average two bedroom rent of $830, it's relatively affordable compared to the US average of $1,430. Grocery prices are also quite low in New Castle with a cost index of 92 compared to 100 in the US. You can find many local companies here such as J Martin Carpet One Floor & Home, B and M Automotive Repair, and Roadhouse 66 Family Restaurant & Bar. There are plenty of opportunities to explore all that New Castle has to offer!
New Castle Metro Area has an unemployment rate of 4.3%. The US average is 6.0%.
New Castle Metro Area has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for New Castle Metro Area
- The Sales Tax Rate for New Castle Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Castle Metro Area is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Castle Metro Area
- The average income of a New Castle Metro Area resident is $26,892 a year. The US average is $37,638 a year.
- The Median household income of a New Castle Metro Area resident is $54,154 a year. The US average is $69,021 a year.