Living in Newcastle, Oklahoma

Cost of living, income, home prices, rent and demographics of Newcastle · Census data 2020–2024

Newcastle has 13,001 residents with a median age of 38.4. The median household income is $93,398 (44% higher than the Oklahoma median), the median home value is $271,800, the median rent is $1,105/month.

Newcastle at a glance

Population
13,001
Median age
38.4State: 37
Median household income
$93,398State: $65,039
Median home value
$271,800State: $199,800
Median rent
$1,105/moState: $1,014
Homeowners
83.7%
Bachelor's degree or higher
34.7%
Average commute
28 min

Is Newcastle a good place to live?

Pros: Median household income 44% higher than the Oklahoma median; unemployment of 2.8%; a poverty rate of 3.8%.

Cons: Home values 36% higher than the state median; an average commute of 28 minutes.

The weather is best in April–May 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 $271,800, 18% lower than the U.S. median. Renters pay a median of $1,105 per month, which is 29.9% of household income. Homeowners with a mortgage pay $1,862 a month in housing costs.

Median home value

Newcastle$271,800
Oklahoma$199,800
United States$332,700

Median monthly rent

Newcastle$1,105
Oklahoma$1,014
United States$1,413

Newcastle median household income

The median household income in Newcastle is $93,398 and the income per person is $43,355. 3.8% of residents live below the poverty line (Oklahoma: 15.3%).

Median household income

Newcastle$93,398
Oklahoma$65,039
United States$80,734

Housing in Newcastle: homes for sale and rent

Housing units
5,151
Owner-occupied
83.7%
Renter-occupied
16.3%
Vacant
5.5%Includes seasonal homes
Median year built
2002
Average household size
2.67

Newcastle demographics

Population
13,001
Median age
38.4
Under 18
24.6%
65 and older
15.1%
Households
4,868
Foreign-born
3.4%
Veterans
8.3%Adults 18+

Race and ethnicity

White78.9%
Hispanic or Latino8.4%
Black2.5%
Asian0.5%

Hispanic or Latino can be of any race. Population history of Newcastle ›

Education in Newcastle

34.7% of adults 25 and older in Newcastle have a bachelor's degree or higher (Oklahoma: 28.3%), and 10.2% have a graduate or professional degree.

Bachelor's degree or higher

Newcastle34.7%
Oklahoma28.3%
United States35.7%

Jobs and commute in Newcastle

Unemployment rate
2.8%State: 5%
Average commute
28 minState: 22 min
Work from home
11%
Drive alone
81.6%
Public transit
0.3%
Walk to work
0.2%
Homes with broadband
94.9%

Newcastle vs nearby towns

TownPopulationMedian incomeHome valueRent
Newcastle13,001$93,398$271,800$1,105
Blanchard9,215$91,473$295,000$962
Bridge Creek356$98,750$275,000$1,048
Moore63,420$80,420$204,500$1,340
Cole848$90,000$235,700$1,125
Tuttle8,040$103,994$320,500$1,016
Goldsby3,085$103,333$399,000$645
Middleberg218$101,284$162,800—
Mustang22,192$87,844$239,200$1,287

More for people moving to Newcastle

Newcastle ZIP code ›Weather and climate ›

Living in Newcastle: FAQ

What is the median household income in Newcastle, OK?

The median household income in Newcastle is $93,398, 44% higher than the Oklahoma median of $65,039 (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 $271,800, compared with $199,800 in Oklahoma.

How much is rent in Newcastle?

The median gross rent in Newcastle is $1,105 per month, about 29.9% of household income.

Is Newcastle, OK a good place to live?

Pluses: median household income 44% higher than the Oklahoma median; unemployment of 2.8%; a poverty rate of 3.8%. Minuses: home values 36% higher than the state median; an average commute of 28 minutes.

What is the median age in Newcastle?

The median age in Newcastle is 38.4 years (Oklahoma: 37).

How long is the commute in Newcastle?

The average commute to work in Newcastle is 28 minutes; 11% 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?

34.7% 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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