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New Castle, Delaware Mortgage and Housing Information

Population: 4,862
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$113,700

Value of Houses and Condos

A comparison of the average prices of homes in New Castle, Delaware and the U.S.
U.S.DelawareNew Castle
Median home value
in year 2000
$111,800$122,000$121,600

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.DelawareNew Castle
With a mortgage$1,088$1,101$1,115
Without a mortgage$295$267$283

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in New Castle (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage48331.3%
First Mortgage Only68544.4%
Second Mortgage and/or Home Equity Loan37424.3%
Total1,542100%

Tenancy in New Castle

How many people in New Castle live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes1,569
Renter-occupied homes443
Homes for sale20
Homes for rent106
Total2,199

Age of New Castle Residents

Median age for males and females (2000).
Males 38
Females 40

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.DelawareNew Castle
Median Earnings$23,755$25,910$28,924
Median Earnings, Males$29,458$31,175$34,032
Median Earnings, Females$18,957$21,364$26,304

Males earn $7,728 (29.4%) more than Females in New Castle.

Commuting in New Castle

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo2,012
Carpooled307
Public Transit49
Bicycle9
Walking85
Other Means20
Total, Commuted2,482
Worked from home16
Total2,498

Time Spent Commuting in New Castle

Time spent commuting in New Castle
Time spent in minutesNumber of People
Less than 5108
5-9364
10-14271
15-19457
20-24557
25-29192
30-34178
35-3939
40-4448
45-59149
60-8949
Over 9070

Education

Level of higher education for people over 25 years in New Castle (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College28118.0%33921.7%
Associate Degree503.2%855.4%
Bachelor's Degree26917.2%29619.0%
Master's Degree1217.8%815.2%
Professional Degree493.1%382.4%
Doctorate Degree211.3%211.3%
Total (at least some college)79150.7%86046.7%
Total over 251,560100%1,840100%

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