Newcastle, TX
Population 614 · Texas
About Newcastle, TX
Newcastle is a small community located in Texas with a population of 614 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,750 per year, which is 15% below the national median of $75,149. The median age of 37.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Newcastle features a median home value of $40,500, which is 83% below the national median of $244,900. This makes Newcastle one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $521, 55% below the national average of $1,163/month. Of the 290 total housing units, 74% are owner-occupied (192 units) and 26% are renter-occupied (67 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Newcastle shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Newcastle have an average one-way commute time of 34.2 minutes.
Education & Demographics
17.0% of Newcastle residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 11.2% White, 2.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.4% of the population being foreign-born.
How Newcastle Ranks in Texas
Cost of Living in Newcastle, TX
Compared to national averages, Newcastle has a median household income of $63,750 (15% below the national median of $75,149). Home values average $40,500, which is 83% below the national median. Monthly rent at $521 is 55% below the US average of $1,163. Within Texas, Newcastle's income is 12% below the state average of $72,726, and home values are 81% below the state median of $211,769.
Why Live in Newcastle, TX?
Newcastle offers affordable housing with a median home value of $40,500, below the US average of $244,900, and rent that’s lower than the national average at $521/month, and a strong job market with an unemployment rate of just 3.5%. Additionally, the city features a low poverty rate of 12.2%, better than the national average.
Potential considerations include median household income ($63,750) that falls below the national average. However, Newcastle’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Newcastle has a population of 614 with a median age of 37.3 years. Compare Newcastle with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Newcastle
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| DISH | 614 | $148,750 | $454,400 | Compare |
| Post Oak Bend | 616 | $110,000 | $365,500 | Compare |
| Chireno | 611 | $61,705 | $74,000 | Compare |
| Olivia Lopez de Gutierrez | 618 | $0 | $0 | Compare |
| Strawn | 618 | $48,036 | $72,500 | Compare |
| Lott | 620 | $50,000 | $74,100 | Compare |
| Scotland | 607 | $77,500 | $135,300 | Compare |
| Chillicothe | 606 | $68,125 | $68,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Newcastle With Other Cities
Frequently Asked Questions about Newcastle
What is the population of Newcastle, TX?
The population of Newcastle, TX is 614 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Newcastle?
The median household income in Newcastle, TX is $63,750 per year, which is 15% below the national median of $75,149.
What is the median home value in Newcastle?
The median home value in Newcastle, TX is $40,500, which is 83% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Newcastle?
The median monthly rent in Newcastle, TX is $521, which is 55% below the national average of $1,163/month.
What is the unemployment rate in Newcastle?
The unemployment rate in Newcastle, TX is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Newcastle, TX a good place to live?
Newcastle offers a moderate cost of living, affordable housing, and a strong job market. With a population of 614 and a median age of 37.3, the city appeals to a broad range of residents.
How educated is Newcastle, TX?
17.0% of residents in Newcastle aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Newcastle?
Key cost-of-living indicators for Newcastle, TX: median home value is $40,500 (83% below national), median rent is $521/month, and median household income is $63,750. The home-value-to-income ratio is 0.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Newcastle?
The poverty rate in Newcastle, TX is 12.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Newcastle, TX?
Newcastle's population is 11.2% White, 2.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.0% two or more races. 3.4% of residents are foreign-born.