Newcastle, WY
Population 3,348 · Wyoming
About Newcastle, WY
Newcastle is a small town located in Wyoming with a population of 3,348 residents according to the latest US Census Bureau American Community Survey data. The median household income is $77,014 per year, which is 2% above the national median of $75,149. The median age of 37.5 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 $173,500, which is 29% below the national median of $244,900. This positions Newcastle in a moderately priced market relative to the rest of the country. Median monthly rent is $711, 39% below the national average of $1,163/month. Of the 1,462 total housing units, 83% are owner-occupied (969 units) and 17% are renter-occupied (193 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Newcastle shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Newcastle have an average one-way commute time of 20.5 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 3.4% White, 5.8% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 2.1% of the population being foreign-born.
How Newcastle Ranks in Wyoming
Cost of Living in Newcastle, WY
Compared to national averages, Newcastle has a median household income of $77,014 (2% above the national median of $75,149). Home values average $173,500, which is 29% below the national median. Monthly rent at $711 is 39% below the US average of $1,163. Within Wyoming, Newcastle's income is 4% below the state average of $80,049, and home values are 43% below the state median of $302,372.
Why Live in Newcastle, WY?
Newcastle offers a strong local economy with a median household income of $77,014, well above the national average, and affordable housing with a median home value of $173,500, below the US average of $244,900, and rent that’s lower than the national average at $711/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 9.3%, better than the national average, and short commute times averaging just 20.5 minutes.
Newcastle has a population of 3,348 with a median age of 37.5 years. Compare Newcastle with other cities to see how it stacks up, or explore all cities in Wyoming.
Similar Cities Near Newcastle
Cities in Wyoming with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wheatland | 3,570 | $55,908 | $236,400 | Compare |
| Bar Nunn | 2,980 | $110,598 | $287,800 | Compare |
| Glenrock | 2,806 | $65,660 | $218,300 | Compare |
| Kemmerer | 2,788 | $74,375 | $173,100 | Compare |
| Evansville | 2,766 | $79,760 | $237,200 | Compare |
| Warren AFB | 2,734 | $60,048 | $0 | Compare |
| Thermopolis | 2,716 | $71,574 | $201,600 | Compare |
| Lovell | 2,590 | $61,620 | $211,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wyoming
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, WY?
The population of Newcastle, WY is 3,348 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Wyoming.
What is the median household income in Newcastle?
The median household income in Newcastle, WY is $77,014 per year, which is 2% above the national median of $75,149.
What is the median home value in Newcastle?
The median home value in Newcastle, WY is $173,500, which is 29% 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, WY is $711, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Newcastle?
The unemployment rate in Newcastle, WY is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Newcastle, WY a good place to live?
Newcastle offers above-average incomes, affordable housing, and a strong job market. With a population of 3,348 and a median age of 37.5, the city appeals to a broad range of residents.
How educated is Newcastle, WY?
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, WY: median home value is $173,500 (29% below national), median rent is $711/month, and median household income is $77,014. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Newcastle?
The poverty rate in Newcastle, WY is 9.3%, 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, WY?
Newcastle's population is 3.4% White, 5.8% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 0.1% two or more races. 2.1% of residents are foreign-born.