City

New Castle, VA

1 ZIP code  ·  Craig County  ·  Virginia

👥4,184Population
💰$59,115Median HH Income▼ 23% below avg
🎂45.6Median Age
🏠$179,300Median Home Value▼ 36% below avg
🎓25.5%College Grads▼ 34% below avg
📊2.9%Unemployment▼ 41% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.5% Female 48.5% ♀

Race & Ethnicity

White: 97.1%Hispanic: 0.9%Black: 0.1%Other: 2%Race
White97.1%
Hispanic0.9%
Black0.1%
Other2.0%

Age Breakdown

Under 5
7%
5–17
19%
18–24
6%
25–44
17%
45–64
32%
65+
8%

Key Indicators

Median Age45.6 yrs
Avg HH Size2.86
Below Poverty15.6% ▲ 56% above avg
College Grads25.5% ▼ 34% below avg
Unemployment2.9% ▼ 41% below avg
No HS Diploma26 (1.1%)
HS Graduate1,102 (44.8%)
Some College290 (11.8%)
Associates415 (16.9%)
Bachelors231 (9.4%)
Graduate Degree396 (16.1%)

Education

No HS: 1.1%HS Grad: 44.8%Some College: 11.8%Associates: 16.9%Bachelors: 9.4%Graduate: 16.1%Edu
No HS1.1%
HS Grad44.8%
Some College11.8%
Associates16.9%
Bachelors9.4%
Graduate16.1%
Housing & Income

Housing Tenure

Owner: 79.7%Renter: 20.3%Tenure
Owner79.7%
Renter20.3%

Home Value Distribution

Under $50k
9%
$50k–$100k
8%
$100k–$150k
21%
$150k–$200k
18%
$200k–$300k
22%
$300k–$500k
19%
Over $500k
3%

Financials

Median HH Income$59,115 ▼ 23% below avg
Median Home Value$179,300 ▼ 36% below avg
Home/Income Ratio3.0x (nat avg ~3.5x)
Median Rent$728/mo
Total Housing Units1,962
Vacant Units502

Income Distribution

Under $25k
23%
$25k–$50k
12%
$50k–$75k
25%
$75k–$100k
12%
$100k–$150k
18%
$150k–$200k
7%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
89%
Walked
0%
Work From Home
10%

Commute Time

Under 15 min
12%
15–30 min
29%
30–45 min
24%
Over 45 min
34%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
6%
1960s–1970s
15%
1980s–1990s
19%
2000+
57%
About New Castle, VA

New Castle is a city in Virginia, located in Craig County. The city spans 1 ZIP code and is home to approximately 4,184 residents. It is a mature city, with a median age of 45.6 years.

Economically, New Castle is a solidly middle-class community. The median household income of $59,115 is below the national average. Approximately 15.6% of residents live below the poverty line. The unemployment rate is 2.9%, below the national average.

The real estate market in New Castle is an affordable housing market. Median home values stand at $179,300, which is below the national average. Renters typically pay around $728 per month. Homeownership is high at 79.7%, typical of suburban and family-oriented communities.

The population of New Castle is moderately educated. 25.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (97.06%).

New Castle, VA offers residents a cost-conscious lifestyle within Virginia.

ZIP Codes in New Castle
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
24127 4,184 $59,115 $179,300 $728 2.9% 25.5% 79.7%