Living in Newcastle, Washington
Cost of living, income, home prices, rent and demographics of Newcastle · Census data 2020–2024
Newcastle has 12,989 residents with a median age of 37.5. The median household income is $160,278 (63% higher than the Washington median), the median home value is $1,205,600, the median rent is $2,369/month.
Newcastle at a glance
- Population
- 12,989
- Median age
- 37.5State: 38.3
- Median household income
- $160,278State: $98,141
- Median home value
- $1,205,600State: $564,600
- Median rent
- $2,369/moState: $1,760
- Homeowners
- 61%
- Bachelor's degree or higher
- 68.5%
- Average commute
- 28 min
Is Newcastle a good place to live?
Pros: Median household income 63% higher than the Washington median; a poverty rate of 5.9%.
Cons: Home values 114% higher than the state median; an average commute of 28 minutes; unemployment of 5.6%.
The weather is best in June to September.
Cost of living in Newcastle
Housing is the biggest part of the cost of living. In Newcastle the median home value is $1,205,600, 262% higher than the U.S. median. Renters pay a median of $2,369 per month, which is 30.6% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Newcastle median household income
The median household income in Newcastle is $160,278 and the income per person is $91,506. 5.9% of residents live below the poverty line (Washington: 9.9%).
Housing in Newcastle: homes for sale and rent
- Housing units
- 5,723
- Owner-occupied
- 61%
- Renter-occupied
- 39%
- Vacant
- 5.4%Includes seasonal homes
- Median year built
- 1999
- Average household size
- 2.39
Newcastle demographics
- Population
- 12,989
- Median age
- 37.5
- Under 18
- 19.9%
- 65 and older
- 15.8%
- Households
- 5,416
- Foreign-born
- 32.8%
- Veterans
- 3%Adults 18+
Hispanic or Latino can be of any race. Population history of Newcastle ›
Education in Newcastle
68.5% of adults 25 and older in Newcastle have a bachelor's degree or higher (Washington: 39.6%), and 29.7% have a graduate or professional degree.
Jobs and commute in Newcastle
- Unemployment rate
- 5.6%State: 5.1%
- Average commute
- 28 minState: 27 min
- Work from home
- 30.2%
- Drive alone
- 57.8%
- Public transit
- 2.5%
- Walk to work
- 2.4%
- Homes with broadband
- 96.6%
Newcastle vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newcastle | 12,989 | $160,278 | $1,205,600 | $2,369 |
| Mercer Island | 25,307 | $219,069 | $2,000,001 | $2,502 |
| Beaux Arts Village | 233 | $248,750 | $2,000,001 | $3,501 |
| Renton | 105,317 | $100,432 | $672,600 | $1,998 |
| Bellevue | 151,847 | $165,576 | $1,340,300 | $2,572 |
| Bryn Mawr-Skyway | 17,638 | $90,969 | $655,200 | $1,760 |
| Issaquah | 39,591 | $154,669 | $963,000 | $2,590 |
| East Renton Highlands | 12,582 | $142,500 | $778,700 | $2,717 |
| Fairwood | 17,856 | $122,134 | $733,200 | $2,233 |
More for people moving to Newcastle
Newcastle ZIP code ›Weather and climate ›Living in Newcastle: FAQ
What is the median household income in Newcastle, WA?
The median household income in Newcastle is $160,278, 63% higher than the Washington median of $98,141 (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 $1,205,600, compared with $564,600 in Washington.
How much is rent in Newcastle?
The median gross rent in Newcastle is $2,369 per month, about 30.6% of household income.
Is Newcastle, WA a good place to live?
Pluses: median household income 63% higher than the Washington median; a poverty rate of 5.9%. Minuses: home values 114% higher than the state median; an average commute of 28 minutes; unemployment of 5.6%.
What is the median age in Newcastle?
The median age in Newcastle is 37.5 years (Washington: 38.3).
How long is the commute in Newcastle?
The average commute to work in Newcastle is 28 minutes; 30.2% of workers work from home.
What is the unemployment rate in Newcastle?
The unemployment rate in Newcastle is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newcastle?
68.5% 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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