Newcastle, WA
Population 12,945 · Washington
About Newcastle, WA
Newcastle is a mid-sized city located in Washington with a population of 12,945 residents according to the latest US Census Bureau American Community Survey data. The median household income is $162,646 per year, which is 116% above the national median of $75,149. The median age of 37.4 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 $1,128,200, which is 361% above the national median of $244,900. This places Newcastle in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,314, 99% above the national average of $1,163/month. Of the 5,723 total housing units, 64% are owner-occupied (3,419 units) and 36% are renter-occupied (1,954 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Newcastle shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Newcastle have an average one-way commute time of 27.8 minutes.
Education & Demographics
71.1% of Newcastle residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 3.2% White, 1.9% Hispanic or Latino, 0.5% Black or African American, and 2.1% Asian residents, with 30.4% of the population being foreign-born.
How Newcastle Ranks in Washington
Cost of Living in Newcastle, WA
Compared to national averages, Newcastle has a median household income of $162,646 (116% above the national median of $75,149). Home values average $1,128,200, which is 361% above the national median. Monthly rent at $2,314 is 99% above the US average of $1,163. Within Washington, Newcastle's income is 79% above the state average of $90,795, and home values are 145% above the state median of $460,491.
Why Live in Newcastle, WA?
Newcastle offers a strong local economy with a median household income of $162,646, well above the national average, and a well-educated community where 71.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,128,200. However, Newcastle’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Newcastle has a population of 12,945 with a median age of 37.4 years. Compare Newcastle with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Newcastle
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lakeland South | 12,869 | $105,273 | $530,900 | Compare |
| Cheney | 12,830 | $47,039 | $330,300 | Compare |
| Kelso | 12,697 | $59,462 | $302,300 | Compare |
| Edgewood | 12,683 | $114,342 | $664,000 | Compare |
| Enumclaw | 12,663 | $116,563 | $498,700 | Compare |
| Sedro-Woolley | 12,633 | $72,140 | $390,200 | Compare |
| Ridgefield | 12,576 | $117,550 | $590,200 | Compare |
| Lake Forest Park | 13,356 | $158,868 | $928,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
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, WA?
The population of Newcastle, WA is 12,945 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Washington.
What is the median household income in Newcastle?
The median household income in Newcastle, WA is $162,646 per year, which is 116% above the national median of $75,149.
What is the median home value in Newcastle?
The median home value in Newcastle, WA is $1,128,200, which is 361% above 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, WA is $2,314, which is 99% above the national average of $1,163/month.
What is the unemployment rate in Newcastle?
The unemployment rate in Newcastle, WA is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Newcastle, WA a good place to live?
Newcastle offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 12,945 and a median age of 37.4, the city appeals to a broad range of residents.
How educated is Newcastle, WA?
71.1% of residents in Newcastle aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Newcastle?
Key cost-of-living indicators for Newcastle, WA: median home value is $1,128,200 (361% above national), median rent is $2,314/month, and median household income is $162,646. The home-value-to-income ratio is 6.9x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Newcastle?
The poverty rate in Newcastle, WA is 3.1%, 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, WA?
Newcastle's population is 3.2% White, 1.9% Hispanic or Latino, 0.5% Black or African American, 2.1% Asian, and 1.6% two or more races. 30.4% of residents are foreign-born.