Newcastle, OK
Population 12,238 · Oklahoma
About Newcastle, OK
Newcastle is a mid-sized city in Oklahoma with a population of 12,238 residents. The median household income is $97,315 per year, which is above the national average. The median age in Newcastle is 40.1 years.
Housing in Newcastle has a median home value of $255,100 and median monthly rent of $1,020. Of the 4,840 total housing units, the majority are owner-occupied, with 3,844 owner-occupied and 819 renter-occupied units.
The unemployment rate in Newcastle is 3.5% and the poverty rate is 3.6%. 34.6% of residents hold a bachelor's degree or higher. The average commute time is 28.1 minutes.
How Newcastle Ranks in Oklahoma
Cost of Living in Newcastle, OK
Compared to national averages, Newcastle has a median household income of $97,315 (29% above the national median of $75,149). Home values average $255,100, which is 4% above the national median. Monthly rent at $1,020 is 12% below the US average of $1,163. Within Oklahoma, Newcastle's income is 73% above the state average of $56,382, and home values are 113% above the state median of $119,992.
Why Live in Newcastle, OK?
Newcastle offers a strong local economy with a median household income of $97,315, well above the national average, and rent that’s lower than the national average at $1,020/month, and a strong job market with an unemployment rate of just 3.5%. Additionally, the city features a well-educated community where 34.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.6%, better than the national average.
Newcastle has a population of 12,238 with a median age of 40.1 years. Compare Newcastle with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Newcastle
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Choctaw | 12,208 | $96,446 | $223,900 | Compare |
| Weatherford | 12,014 | $50,250 | $233,700 | Compare |
| Woodward | 11,976 | $60,720 | $164,200 | Compare |
| Guymon | 12,596 | $57,051 | $171,800 | Compare |
| Miami | 12,960 | $45,900 | $102,600 | Compare |
| Elk City | 11,406 | $49,500 | $165,300 | Compare |
| Okmulgee | 11,370 | $39,060 | $90,200 | Compare |
| Guthrie | 11,021 | $54,640 | $176,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oklahoma
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Newcastle
What is the population of Newcastle, OK?
The population of Newcastle, OK is 12,238 according to the latest Census data.
What is the median household income in Newcastle?
The median household income in Newcastle, OK is $97,315 per year.
What is the median home value in Newcastle?
The median home value in Newcastle, OK is $255,100.
What is the average rent in Newcastle?
The median monthly rent in Newcastle, OK is $1,020.
What is the unemployment rate in Newcastle?
The unemployment rate in Newcastle, OK is 3.5%.