New Castle, AL (35119) is a small town located in Lawrence County with a population of around 800 people. It is known for being a peaceful and family-friendly community with several local businesses and establishments. The average rent for a two bedroom apartment in New Castle is $1,050 which is about 25% lower than the U.S. average of $1,430. The Grocery Cost Index in New Castle is also 6% lower than the national average at 94 versus 100.
Local businesses in New Castle include H&R Block, Dollar General Store, BP Gas Station, Subway and Metzger’s restaurant. There are also several small independently owned shops such as Papa & Biddle Antiques, Bluebird Farm and Slate Creek Gifts & Trinkets which offer unique products to visitors or to anyone wanting to explore the town's historic charm.
The cost of living in New Castle is very affordable given its low rent prices as well as its grocery costs index which make it an attractive area to live for families or those looking for a safe neighborhood to reside in.
New Castle (zip 35119) has an unemployment rate of 3.8%. The US average is 6.0%.
New Castle (zip 35119) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for New Castle (zip 35119)
- The Sales Tax Rate for New Castle (zip 35119) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for New Castle (zip 35119) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Castle (zip 35119)
- The average income of a New Castle (zip 35119) resident is $19,256 a year. The US average is $37,638 a year.
- The Median household income of a New Castle (zip 35119) resident is $0 a year. The US average is $69,021 a year.