According to statistics, the population in New Castle, PA amounts to 22,434, which shows decline 0% compared to the previous year. The median age of the city’s residents is 42. The average household income is $31,044, shifting decline -2% from the past year, and the average property value in New Castle, PA decline 1% to $62,000 throughout the year.
|Number Of Employees||8,797|
|Median Property Value||$62,000|
The average household income in New Castle, PA declined from $31,557 to $31,044 in the past year. This data is an estimate based upon 9,902 households in New Castle, PA . The chart below presents how household income is distributed in New Castle, PA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in New Castle, PA shifted from $61,400 to $62,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in New Castle, PA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of New Castle, PA properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Castle, PA compared to median property taxes around the country. The prevalent amount of property taxes in New Castle, PA equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$76,536||+6.9%|
|1 bed for sale||$35,000||-41.7%|
|2 bed for sale||$56,214||-52.3%|
|3 bed for sale||$97,075||-2.3%|
|4+ bed for sale||$148,471||-21.9%|
During Aug 2022, the average price for an apartment in/near New Castle, PA decreased by 21.9% to $97,219.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 41.7% to $35,000. Asking price for 2-bed apartment also decreased by 52.3% and a place of this size will now cost you $56,214. A 3-bed apartment goes for $97,075, it decreased by 2.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 21.9% and made it down to $148,471.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$98,390||-20.8%|
|Duplexes for sale||$64,900||-53.6%|
|Other for sale||$89,000||N/A|
|Land for sale||$30,000||N/A|
Price reports demonstrate that house price decreased by 20.8% this month making it up to $98,390. You can now purchase a duplex for just $64,900, duplex price decreased by 53.6% this month.