Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Located in the state of Oklahoma, Newcastle is a moderately-sized city with a population of 10,425 people. If we look at the most recent Census, Newcastle is known to have a predominantly White population. The next two most common races are American Indian and Alaskan and Black. Newcastle is known to be family friendly as more than 73% of the population has already tied the knot. It might also be worth noting that 47% of residents also have children under the age of 18. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Newcastle, your commute times will be about average, with a one way commute time of 26 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Newcastle could be a positive experience compared to other cities in Oklahoma if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Newcastle, AreaVibes has created a livability score using key metrics like cost of living, commute, housing and more.
Newcastle, OK receives 74 out of 100 for its livability score; this results in a ranking of #11 in Oklahoma and #3,607 in the USA. Based on the scores for each individual category, Newcastle has been rewarded with high marks for crime (A+), cost of living (A+), employment (A+) and housing (A+). Unfortunately for Newcastle, there are some categories for which it does not score well, this includes: amenities (F).
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 68 crimes per 100,000 residents, Newcastle has a violent crime rate that is far below the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Newcastle has an unemployment rate of 1.77% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Newcastle market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Newcastle real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Newcastle. Median real estate prices in Newcastle come in at $218,200, which is 79.9% higher than the Oklahoma average. The home price to income ratio compares the median home prices to the median household income. In Newcastle, the home price to income ratio is 2.5, which is 0% lower than the Oklahoma average.
| Statistic | Newcastle | Oklahoma | National |
| Average one way commute | 26min | 21min | 26min |
| Workers who drive to work | 82.0% | 82.6% | 76.4% |
| Workers who carpool | 8.1% | 10.1% | 9.3% |
| Workers who take public transit | 0.0% | 0.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.0% | 1.8% | 2.8% |
| Working from home | 8.9% | 3.6% | 4.6% |
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