Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.1 yrs |
|---|---|
| Avg HH Size | 2.38 |
| Below Poverty | 4.1% ▼ 59% below avg |
| College Grads | 49.3% ▲ 27% above avg |
| Unemployment | 0.4% ▼ 92% below avg |
| HS Graduate | 390 (32%) |
| Some College | 56 (4.6%) |
| Associates | 172 (14.1%) |
| Bachelors | 83 (6.8%) |
| Graduate Degree | 517 (42.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $79,667 ≈ Avg |
|---|---|
| Median Home Value | $406,300 ▲ 46% above avg |
| Home/Income Ratio | 5.1x (nat avg ~3.5x) |
| Median Rent | $1,091/mo |
| Total Housing Units | 918 |
| Vacant Units | 180 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Newcastle is a city in Maine, located in Lincoln County. The city spans 1 ZIP code and is home to approximately 1,773 residents. It is a mature city, with a median age of 51.1 years.
Economically, Newcastle is a middle-income community. The median household income of $79,667 is near the national average. Approximately 4.1% of residents live below the poverty line. The unemployment rate is 0.4%, well below the national average.
The real estate market in Newcastle is a premium housing market. Median home values stand at $406,300, which is above the national average. Renters typically pay around $1,091 per month. Homeownership is high at 80.2%, typical of suburban and family-oriented communities.
The population of Newcastle is well-educated. 49.3% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.51%).
Newcastle, ME offers residents above-average earning potential within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04553 | 1,773 | $79,667 | $406,300 | $1,091 | 0.4% | 49.3% | 80.2% |