Lawrence County · Pennsylvania · Northeast · 22k residents
New Castle, PA: economy, jobs & business costs
The site-selection read on New Castle: labor costs, talent, corporate tax, energy, and business activity, with the Pennsylvania median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,062/wk. Pennsylvania's corporate income tax rate is 7.99%. Commercial electricity averages 11.0¢/kWh.
Compare New Castle side by side
Avg. weekly wage
$1,062/wk
Corporate income tax
7.99%
Bachelor's degree or higher
16.3%
Commercial electricity
11.0¢/kWh
Economic momentum
How fast New Castle's economy is moving, ranked against the US cities we track.
86/100
Heating
Ranks New Castle's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $77,400 |
| Price per sq. ft. | $175 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $591/mo |
| 2-bedroom rent | $778/mo |
| State & local income tax | 4.57% |
| Sales tax | 6.34% |
| Corporate income tax | 7.99% |
| Avg. weekly wage | $1,062/wk |
| Bachelor's degree or higher | 16.3% |
| Commercial electricity | 11.0¢/kWh |
| Businesses per 1k residents | 23.9/1k |
| Wage: Software developer | $124,500 |
| Wage: Registered nurse | $82,370 |
| Wage: General manager | $100,840 |
| Wage: Customer service | $42,790 |
| Wage: Warehouse worker | $35,900 |
| Wage: Heavy truck driver | $57,880 |
| Wage: Electrician | $69,340 |
| Wage: Retail salesperson | $30,840 |
| Cost of living index | 74 |
| Groceries index | 100 |
| Utilities | $180/mo |
| Transit pass | $96/mo |
| Gas price | $3.45/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,150/mo |
| Median household income | $42,219 |
| Unemployment rate | 3.4% |
| Population | 22k |
| Crime index | 40/100 |
| School rating | 6.3/10 |
| Walkability | 30/100 |
| Disaster risk | 66/100 |
| Avg. commute | 27 min |
| Sunny days / year | 180 days |
| July high | 86°F |
| January low | 19°F |
| Annual snowfall | 28 in |
| Home price YoY | +3.3% |
| Home price MoM | +0.9% |
| Rent YoY | +17.3% |
| Rent MoM | -0.4% |
| Employment (jobs) YoY | +1.6% |
| Building permits YoY | — |
| Ocean coast | 320 mi |
| Big lake | 67 mi |
| Mountains | 164 mi |
| Major airport | 35 mi |
| Ski resort | 86 mi |
Popular comparisons
Nearby
- Hermitage, PA · 16k
- Franklin Park, PA · 15k
- Allison Park, PA · 22k
- Pittsburgh, PA · 305k
- Plum, PA · 27k
Similar size
- Carlisle, PA · 22k
- Baldwin, PA · 21k
- Chambersburg, PA · 22k
- Murrysville, PA · 21k
- West Chester, PA · 21k
Real listings in New Castle
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is New Castle a good place to run a business?
- Pennsylvania's corporate income tax rate is 7.99%; average weekly wages in the surrounding labor market run $1,062/wk; commercial electricity averages 11.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in New Castle, PA?
- New Castle indexes at 74 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $778/mo and a acs median home value of $77,400.
- How much does a house cost in New Castle?
- The acs median home value in New Castle is $77,400 (Census ACS estimate; individual listings vary).
- How much is rent in New Castle?
- A two-bedroom in New Castle rents for about $778/mo.