Living in Newcastle, California
Cost of living, income, home prices, rent and demographics of Newcastle · Census data 2020–2024
Newcastle has 1,585 residents with a median age of 42.3. The median household income is $108,750 (10% higher than the California median), the median home value is $598,000, the median rent is $1,798/month.
Newcastle at a glance
- Population
- 1,585
- Median age
- 42.3State: 37.9
- Median household income
- $108,750State: $99,122
- Median home value
- $598,000State: $734,700
- Median rent
- $1,798/moState: $2,036
- Homeowners
- 88.5%
- Bachelor's degree or higher
- 27.7%
- Average commute
- 20 min
Is Newcastle a good place to live?
Pros: Median household income 10% higher than the California median; home values 19% lower than the state median; an average commute of 20 minutes; unemployment of 2.8%.
Cons: A poverty rate of 12.4%.
The weather is best in May–June and September–October.
Cost of living in Newcastle
Housing is the biggest part of the cost of living. In Newcastle the median home value is $598,000, 80% higher than the U.S. median. Renters pay a median of $1,798 per month, which is 20.6% of household income. Homeowners with a mortgage pay $2,831 a month in housing costs.
Newcastle median household income
The median household income in Newcastle is $108,750 and the income per person is $50,860. 12.4% of residents live below the poverty line (California: 12%).
Housing in Newcastle: homes for sale and rent
- Housing units
- 697
- Owner-occupied
- 88.5%
- Renter-occupied
- 11.5%
- Vacant
- 11%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.52
Newcastle demographics
- Population
- 1,585
- Median age
- 42.3
- Under 18
- 17.9%
- 65 and older
- 27.4%
- Households
- 620
- Foreign-born
- 4.1%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Newcastle ›
Education in Newcastle
27.7% of adults 25 and older in Newcastle have a bachelor's degree or higher (California: 37.1%), and 13.2% have a graduate or professional degree.
Jobs and commute in Newcastle
- Unemployment rate
- 2.8%State: 6.6%
- Average commute
- 20 minState: 29 min
- Work from home
- 7.1%
- Drive alone
- 84.1%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 81.5%
Newcastle vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newcastle | 1,585 | $108,750 | $598,000 | $1,798 |
| Penryn | 1,114 | $127,361 | $808,500 | $573 |
| Auburn | 13,768 | $82,674 | $672,500 | $1,501 |
| North Auburn | 13,480 | $71,056 | $530,400 | $1,742 |
| Loomis | 6,853 | $81,487 | $634,500 | $1,702 |
| Granite Bay | 21,673 | $184,606 | $1,135,900 | $2,740 |
| Rocklin | 73,327 | $124,168 | $703,400 | $2,258 |
| Auburn Lake Trails | 3,284 | $134,007 | $560,300 | — |
| Lincoln | 52,956 | $111,990 | $651,000 | $2,090 |
More for people moving to Newcastle
Newcastle ZIP code ›Weather and climate ›Living in Newcastle: FAQ
What is the median household income in Newcastle, CA?
The median household income in Newcastle is $108,750, 10% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Newcastle?
The median home value in Newcastle is $598,000, compared with $734,700 in California.
How much is rent in Newcastle?
The median gross rent in Newcastle is $1,798 per month, about 20.6% of household income.
Is Newcastle, CA a good place to live?
Pluses: median household income 10% higher than the California median; home values 19% lower than the state median; an average commute of 20 minutes; unemployment of 2.8%. Minuses: a poverty rate of 12.4%.
What is the median age in Newcastle?
The median age in Newcastle is 42.3 years (California: 37.9).
How long is the commute in Newcastle?
The average commute to work in Newcastle is 20 minutes; 7.1% of workers work from home.
What is the unemployment rate in Newcastle?
The unemployment rate in Newcastle is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newcastle?
27.7% of adults in Newcastle have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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