New Castle, IN (zipcode 47362) is a city located in the state of Indiana. The 2 Bedroom Rent in New Castle is $710 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in New Castle is 91 compared to 100 US average. This makes living in New Castle an economical option for those seeking affordable housing and quality groceries.
New Castle is home to many great local businesses such as the Copper Kettle Cafe & Catering, Jimmy John's Gourmet Sandwiches, and Ray Skillman Ford. These companies provide excellent services to residents of New Castle and its surrounding areas. Resources available to residents include educational opportunities provided by Ivy Tech Community College and healthcare facilities offered by Henry Community Health Center. With so many great options to choose from, it's no wonder why so many people are choosing New Castle as their new home!
New Castle (zip 47362) has an unemployment rate of 4.3%. The US average is 6.0%.
New Castle (zip 47362) 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 (zip 47362)
- The Sales Tax Rate for New Castle (zip 47362) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Castle (zip 47362) 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 (zip 47362)
- The average income of a New Castle (zip 47362) resident is $24,820 a year. The US average is $37,638 a year.
- The Median household income of a New Castle (zip 47362) resident is $51,628 a year. The US average is $69,021 a year.