HomeWashingtonKing CountyNewcastle city
Newcastle city, Washington: commercial real estate data.
Newcastle city is a Census city of 12,989 people across 4.44 square miles of land, in King County. Median household income is $160,278, 61.0 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $15.3 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Newcastle
What Newcastle is
- Census place typecity
- Land area4.44 sq mi
- Water area0.02 sq mi
- Population per square mile of land2,929
- County holding the largest share of its areaKing 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.
Newcastle
How many people live in Newcastle
- Population12,989
- Median age37.5
- Population under 182,589
- Share under 1819.9 percent
- Population 65 and over2,047 plus or minus 410
- Share 65 and over15.8 percent plus or minus 3.2
- Households5,416
- Family households3,565
- Share of households that are families65.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newcastle
Income and work in Newcastle
- Median household income$160,278
- Per capita income$91,506
- Civilian labor force6,892
- Employed6,506
- Unemployed386 plus or minus 119
- Unemployment rate5.6 percent plus or minus 1.7
- Adults 25 and over9,441
- Adults 25 and over with a high school diploma or higher97.4 percent
- Adults 25 and over with a bachelor degree or higher68.5 percent
- Adults 25 and over with a graduate degree29.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newcastle
Housing in Newcastle
- Housing units5,723
- Occupied units5,416
- Vacant units307 plus or minus 180
- Vacancy rate5.4 percent plus or minus 3.1
- Owner occupied3,304
- Renter occupied2,112
- Ownership rate61.0 percent
- Median owner-occupied home value$1,205,600
- Median gross rent, monthly$2,369
- Annual rent as a share of median income17.7 percent
- Single family units3,620
- Share single family63.3 percent
- Units in buildings of two or more2,089
- Share in buildings of two or more36.5 percent
- Mobile homes14 plus or minus 22
- Median year structure built1999
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newcastle
How Newcastle gets to work
- Workers 16 and over who commute4,503
- Commuting under 15 minutes604 plus or minus 236
- Share commuting under 15 minutes13.4 percent plus or minus 5.0
- Commuting 30 minutes or more1,872
- Share commuting 30 minutes or more41.6 percent
- Drove alone57.8 percent
- Carpooled4.6 percent plus or minus 2.9
- Public transport2.5 percent plus or minus 1.5
- Walked2.4 percent plus or minus 1.5
- Worked from home30.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newcastle
SBA loans in Newcastle (7(a))
- Approvals9
- Gross approval$15,250,800
- Average approval$1,694,533
- Median approval$427,900
- Ninetieth percentile approval$5,000,000
- Largest approval$5,000,000
- Jobs supported135
- Jobs per approval15.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more11.1 percent
- Share to franchises33.3 percent
- Distinct lenders7
- Distinct industries by NAICS6
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newcastle
SBA loans in Newcastle (504)
- Approvals1
- Gross approval$2,021,000
- Average approval$2,021,000
- Median approval$2,021,000
- Largest approval$2,021,000
- Jobs supported8
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
King County, not Newcastle
King County context, not Newcastle figures
These are King County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Newcastle measurements.
- Establishments in King County70,376
- Employment at those establishments, King County1,305,947
- Covered employment, King County1,449,785
- Average annual pay, King County$132,279
- Average weekly wage, King County$2,544
- Housing units permitted, King County10,564
- Of those, single family, King County2,352
- County product, 2024, King County$477,154,354,000
- County product change over the prior year, King County7.9 percent
- Average income of an arriving household, King County$117,917
Every figure in this section is published for King County as a whole and is not a measurement of Newcastle. 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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
Newcastle questions, answered from the record.
How many people live in Newcastle, Washington?
12,989, in 5,416 households. Newcastle city covers 4.44 square miles of land, which is 2,929 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Newcastle in?
King 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 Newcastle?
$160,278. The median owner-occupied home is valued at $1,205,600. Median gross rent is $2,369 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Newcastle businesses?
9 7(a) approvals totalling $15.3 m, across 7 lenders, median approval $427,900, plus 1 504 approvals worth $2.0 m. These count approvals to borrowers whose address is in Newcastle, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Newcastle borrowers get paid back?
No rate is published for Newcastle. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Newcastle figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for King 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 Newcastle.
Is zoning published for Newcastle?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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