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Moving to New Castle, Indiana

New Castle pays new residents up to $5,000 through Move to New Castle and Henry County. Here is what life costs in Henry County, home of New Castle, where people work, what there is to do, and remote jobs you can bring with you.
  • $5,000Paid to move hereMove to New Castle and Henry County
  • $154,400Typical home value1Henry County
  • $820Typical rent1Utilities included
  • 49,137Population+0.5% since 2020

By Sol Lakein.Checked November 4, 2026.How we compare costs

Get paid to move to New Castle

Tap a program for who qualifies, how it pays, whether it is open and the official link.

Every program in Indiana

Something to know about New Castle

Did you know?

New Castle is home to the 14,000-square-foot Indiana Basketball Hall of Fame, which says no other state has a comparable facility honoring high school basketball.

Source: Indiana Basketball Hall of Fame, read November 2026

A fact about New Castle

What it costs to live in New Castle

Henry County next to Indiana and the US.1
MeasureHenry CountyIndianaUnited States
Typical home value$154,400$218,200$332,700
Monthly owner costs with a mortgage$1,136$1,404$1,963
Typical rent, with utilities$820$1,062$1,413
Typical household income$63,150$71,957$80,734
Homes lived in by their owners76.2%70.6%65.2%
Households with broadband88.7%89.9%91.0%
Average commute, one way26 min24 min26 min

On the typical home here, the mortgage comes to about $848 a month2.

Jobs and work in Henry County

  • 10,929Jobs at local employers2023, +0.4% vs 2022
  • 833Employer businesses2023
  • 2,724Self-employed businessesNonemployer firms, 2024
  • 88.7%Households with broadbandUS: 91.0%

54.2% of residents 16 and older are in the labor force, the average commute is 25.8 minutes, and 17.5% of adults 25 and older hold a bachelor's degree1,3. Builders pulled permits for 44 new homes in 2025.

Remote jobs you can do from New Castle

1 of New Castle's 2 programs requires a full-time remote job. These are current remote openings for people living in the US.

Loading current remote jobs.

Things to do in New Castle

Notable places in Henry County, by type.4

Parks, lakes and the outdoors

  • Westwood Park Reservoir
  • Babe Ruth Park
  • Baker Park
  • Memorial Park
  • Shively Park

Thinking about New Castle? Get the free moving guide

12 pages: what a move costs, hiring movers safely, an 8-week checklist and how to apply for programs like these.

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Moving to New Castle: questions people ask

Does New Castle pay you to move there?

Yes. Move to New Castle and Henry County: $5,000 cash; Start Your Career in New Castle and Henry County: $5,000 cash. Each program has its own rules, status and official link on its page, checked October 30, 2026.

How much does it cost to live in New Castle?

In Henry County, the median owner-occupied home is valued at $154,400 and median gross rent is $820 a month (US Census Bureau, ACS 2020-2024). Indiana: $218,200 and $1,062. United States: $332,700 and $1,413. With 20% down at 7.32%, principal and interest on a home at the county median value come to about $848 a month (our arithmetic).

Is New Castle a good place to live?

It depends on what you need. On the numbers: home values in Henry County are below the US median, household income is below the US median, and the population grew 0.5% from April 2020 to July 2025 (US Census Bureau). Visit before you decide.

Can I work remotely from New Castle?

88.7% of households in Henry County have a broadband subscription (US: 91.0%; ACS 2020-2024). 1 of the 2 local programs requires a full-time remote job, and 1 has a track for local jobs.

What is there to do in New Castle?

Notable places in Henry County include Westwood Park Reservoir, Babe Ruth Park. The full list by type is on this page (Wikidata).

Other Indiana towns that pay you to move

Notes on the numbers
  1. 1Costs and people: US Census Bureau QuickFacts, American Community Survey 2020-2024 five-year estimates (dollars in 2024 terms), read November 4, 2026. "Typical" is the median. Census figures cover all homes and renters, not just recent sales or new leases. QuickFacts
  2. 2Mortgage: principal and interest on the county's typical home value with 20% down at 7.32% (Freddie Mac 30-year fixed average, week of October 22, 2026), our arithmetic. Rate source
  3. 3Jobs and businesses: US Census Bureau QuickFacts, County Business Patterns 2023, Nonemployer Statistics 2024, Building Permits Survey 2025, ACS 2020-2024.
  4. 4Things to do: notable places from Wikidata (CC0), read November 4, 2026. Know a place we should add? Email hello@slowersundays.com.
Sources for this page