HomeColoradoGarfield CountyNew Castle
New Castle, Colorado: commercial real estate data.
New Castle is a Census town of 4,880 people across 2.50 square miles of land, in Garfield County. Median household income is $80,084, 73.1 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $9.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New Castle
What New Castle is
- Census place typetown
- Land area2.5 sq mi
- Water area0.09 sq mi
- Population per square mile of land1,955
- County holding the largest share of its areaGarfield County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Castle
How many people live in New Castle
- Population4,880
- Median age38.7
- Population under 181,289 plus or minus 337
- Share under 1826.4 percent plus or minus 6.9
- Population 65 and over775 plus or minus 211
- Share 65 and over15.9 percent plus or minus 4.3
- Households2,027
- Family households1,083
- Share of households that are families53.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Castle
Income and work in New Castle
- Median household income$80,084 plus or minus $16,383
- Per capita income$41,388
- Civilian labor force2,153
- Employed2,135
- Unemployed18 plus or minus 31
- Unemployment rate0.8 percent plus or minus 1.4
- Adults 25 and over3,236
- Adults 25 and over with a high school diploma or higher94.9 percent
- Adults 25 and over with a bachelor degree or higher32.1 percent plus or minus 7.5
- Adults 25 and over with a graduate degree10.8 percent plus or minus 5.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Castle
Housing in New Castle
- Housing units2,056
- Occupied units2,027
- Vacant units29 plus or minus 32
- Vacancy rate1.4 percent plus or minus 1.5
- Owner occupied1,481
- Renter occupied546 plus or minus 192
- Ownership rate73.1 percent
- Median owner-occupied home value$454,300
- Median gross rent, monthly$1,393 plus or minus $534
- Annual rent as a share of median income20.9 percent plus or minus 9.1
- Single family units1,548
- Share single family75.3 percent
- Units in buildings of two or more470 plus or minus 191
- Share in buildings of two or more22.9 percent plus or minus 8.9
- Mobile homes38 plus or minus 54
- Median year structure built2002
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Castle
How New Castle gets to work
- Workers 16 and over who commute1,817 plus or minus 385
- Commuting under 15 minutes302 plus or minus 177
- Share commuting under 15 minutes16.6 percent plus or minus 9.1
- Commuting 30 minutes or more496 plus or minus 205
- Share commuting 30 minutes or more27.3 percent plus or minus 9.7
- Drove alone74.3 percent
- Carpooled9.4 percent plus or minus 7.7
- Public transport1.4 percent plus or minus 1.9
- Walked0.0 percent
- Worked from home14.9 percent plus or minus 10.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Castle
SBA loans in New Castle (7(a))
- Approvals14
- Gross approval$9,125,300
- Average approval$651,807
- Median approval$500,000
- Largest approval$2,490,000
- Jobs supported594
- Jobs per approval42.4
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in New Castle, in any county, FY2020 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New Castle
SBA loans in New Castle (504)
- Approvals3
- Gross approval$477,000
- Average approval$159,000
- Median approval$147,000
- Largest approval$239,000
- Jobs supported10
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in New Castle, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
New Castle
Flood risk in New Castle
- NFIP communityTown of New Castle
- NFIP community number080256
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/25/75
The Town of New Castle participates in the National Flood Insurance Program as community 080256 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Garfield County, not New Castle
Garfield County context, not New Castle figures
- Establishments in Garfield County2,705
- Covered employment, Garfield County27,766
- Average annual pay, Garfield County$64,549
- Housing units permitted, Garfield County174
Every figure in this section is published for Garfield County as a whole and is not a measurement of New Castle.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
New Castle questions, answered from the record.
How many people live in New Castle, Colorado?
4,880, in 2,027 households. New Castle town covers 2.50 square miles of land, which is 1,955 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Castle in?
Garfield County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in New Castle?
$80,084. The median owner-occupied home is valued at $454,300. Median gross rent is $1,393 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New Castle businesses?
14 7(a) approvals totaling $9.1 m since FY2020, across 6 lenders, median approval $500,000, plus 3 504 approvals worth $477,000 since FY2010. These count approvals to borrowers whose address is in New Castle, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Castle borrowers get paid back?
No rate is published for New Castle. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is New Castle in the National Flood Insurance Program?
Yes. New Castle appears in the FEMA Community Status Book as New Castle, town of, community 080256, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page New Castle figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Garfield County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New Castle.
Is zoning published for New Castle?
No. Nothing on this page presents parcel level zoning.
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