HomePennsylvaniaLawrence CountyNew Castle city
New Castle city, Pennsylvania: commercial real estate data.
New Castle city is a Census city of 21,579 people across 8.31 square miles of land, in Lawrence County. Median household income is $42,219, 54.8 percent of occupied homes are owned, and the SBA record carries 78 7(a) approvals to borrowers here worth $17.3 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
New Castle
What New Castle is
- Census place typecity
- Land area8.31 sq mi
- Water area0.24 sq mi
- Population per square mile of land2,598
- County holding the largest share of its areaLawrence 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
- Population21,579
- Median age39.5
- Population under 185,071
- Share under 1823.5 percent
- Population 65 and over4,073
- Share 65 and over18.9 percent
- Households9,406
- Family households4,734
- Share of households that are families50.3 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$42,219
- Per capita income$24,415
- Civilian labor force9,223
- Employed8,074
- Unemployed1,149 plus or minus 244
- Unemployment rate12.5 percent plus or minus 2.6
- Adults 25 and over14,962
- Adults 25 and over with a high school diploma or higher89.6 percent
- Adults 25 and over with a bachelor degree or higher16.3 percent
- Adults 25 and over with a graduate degree3.0 percent plus or minus 0.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Castle
Housing in New Castle
- Housing units10,622
- Occupied units9,406
- Vacant units1,216 plus or minus 245
- Vacancy rate11.4 percent plus or minus 2.3
- Owner occupied5,159
- Renter occupied4,247
- Ownership rate54.8 percent
- Median owner-occupied home value$77,400
- Median gross rent, monthly$741
- Annual rent as a share of median income21.1 percent
- Single family units8,156
- Share single family76.8 percent
- Units in buildings of two or more2,400
- Share in buildings of two or more22.6 percent
- Mobile homes66 plus or minus 62
- Median year structure built1944
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 commute6,977
- Commuting under 15 minutes3,201
- Share commuting under 15 minutes45.9 percent
- Commuting 30 minutes or more2,108
- Share commuting 30 minutes or more30.2 percent
- Drove alone75.1 percent
- Carpooled9.4 percent plus or minus 2.6
- Public transport1.6 percent plus or minus 0.9
- Walked1.2 percent plus or minus 0.7
- Worked from home11.8 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Castle
SBA loans in New Castle (7(a))
- Approvals78
- Gross approval$17,324,900
- Average approval$222,114
- Median approval$100,000
- Ninetieth percentile approval$650,000
- Largest approval$2,103,000
- Jobs supported490
- Jobs per approval6.3
- Loans with a final outcome13
- Paid in full13
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more7.7 percent
- Share to franchises1.3 percent
- Distinct lenders16
- Distinct industries by NAICS47
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)
- Approvals5
- Gross approval$2,301,000
- Average approval$460,200
- Median approval$452,000
- Largest approval$744,000
- Jobs supported33
- Loans with a final outcome2
- Charged off1
- Median term300 months
- Distinct CDCs3
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
- Listed NFIP communities2
- Of those, participating2
- NFIP community number420568
- Currently effective map date01/18/12
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Lawrence County, not New Castle
Lawrence County context, not New Castle figures
These are Lawrence County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New Castle measurements.
- Establishments in Lawrence County1,865
- Employment at those establishments, Lawrence County24,349
- Covered employment, Lawrence County26,838
- Average annual pay, Lawrence County$52,927
- Average weekly wage, Lawrence County$1,018
- Housing units permitted, Lawrence County60
- Of those, single family, Lawrence County60
- County product, 2024, Lawrence County$4,199,654,000
- County product change over the prior year, Lawrence County0.5 percent
- Average income of an arriving household, Lawrence County$55,720
Every figure in this section is published for Lawrence County as a whole and is not a measurement of New Castle. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
New Castle questions, answered from the record.
How many people live in New Castle, Pennsylvania?
21,579, in 9,406 households. New Castle city covers 8.31 square miles of land, which is 2,598 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?
Lawrence 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?
$42,219. The median owner-occupied home is valued at $77,400. Median gross rent is $741 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?
78 7(a) approvals totalling $17.3 m, across 16 lenders, median approval $100,000, plus 5 504 approvals worth $2.3 m. 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?
Of the 13 loans that have reached a final outcome, 13 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is New Castle in the National Flood Insurance Program?
Yes. New Castle appears in the FEMA Community Status Book as community 420568, 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lawrence 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.