New Castle Metro Area, PA Economy


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United States / Pennsylvania / New Castle Metro Area / Counties / Cities / Zip Codes
New Castle, PA Metro Area is a great place to live due to its affordability and access to amenities. The average rent for a 2 bedroom apartment is $840, which is significantly lower than the US average of $1,430. In addition, the cost of groceries here are 98 on the Grocery Cost Index versus 100 in the US. Local companies in this area include Westminster College, UPMC Jameson Health System Medical Center and McGann-Mercy High School. Overall it is an affordable city with excellent amenities that make life easier and more enjoyable.

New Castle Metro Area has an unemployment rate of 9.3%. The US average is 6.0%.

New Castle Metro Area has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.

Tax Rates for New Castle Metro Area
- The Sales Tax Rate for New Castle Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Castle Metro Area is 5.2%. 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 $23,519 a year. The US average is $28,555 a year.
- The Median household income of a New Castle Metro Area resident is $53,106 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Castle, PennsylvaniaUnited States
  9.36
  -6.6%-6.2%
  14.3%33.5%
  6.0%6.2%
  3.1%4.6%
  $29,832$37,638
  $53,106$69,021
  $70,725$85,028
  Population by Occupation
  0.9%1.2%
  0.2%0.5%
  7.0%6.8%
  14.0%10.0%
  2.8%2.5%
  12.8%11.0%
  5.0%4.8%
  1.2%0.8%
  1.4%1.9%
  4.6%4.7%
  1.0%1.9%
  4.1%7.6%
  0.1%0.1%
  3.9%4.2%
  7.4%9.3%
  17.1%14.0%
  1.5%2.1%
  6.3%7.0%
  5.3%4.8%
  3.5%4.7%
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