Groundwork

Beauty and personal care · Small-town market · Indiana

Hair salons in the New Castle, IN area

How the New Castle, IN area compares with other small-town markets and the U.S. for hair salons: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 58 out of 100: Upper middle

Ranked #176 of 538 scored small-town markets
#15 of 25 scored small-town markets based in Indiana

Listings
37
12 chain locations (32%)
Official establishments
6
Businesses with payroll, 2023
Household spending a year
$16.5M
On personal care products and services · $886 a household
Spending per listing
$446K
4% above the U.S.
Listings per 10k households
19.8
15% below the U.S.
Population, 2025
49,137
+0.5% since 2020

See the hair salons around any address in the New Castle area

The site report maps the hair salons on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the New Castle area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

As of September 2026, map listings count 37 hair salons in the New Castle area. Of those, 12 are chain locations, or 32%, against 14% across the U.S. Per 10,000 households, that is 19.8, 15% below the U.S. rate of 23.4.

Household spending on personal care products and services in the New Castle area comes to about $16.5M a year: $886 per household, 12% below the U.S. average. That is about $446K of household spending for each salon on map listings, 4% above the U.S. figure of $430K. That spending covers all personal care products and services, which hair salons share with other businesses in the trade.

In 2023, official counts showed 6 businesses with payroll in the New Castle area classed as beauty salons. That is one for every 3,107 households, against one for every 1,535 across the U.S. Another 108 one-person businesses have no payroll, by official counts. Since fiscal 2022, 2 SBA-backed loans worth $164K have gone to businesses classed as beauty salons in the New Castle area.

Between 2020 and 2025, the population of the New Castle area grew 0.5%, slower than the U.S. (+3.1%). The Groundwork market score for hair salons in the New Castle area is 58 (upper middle), #176 of 538 scored small-town markets and #15 of 25 scored small-town markets based in Indiana.

How the New Castle area compares

The same measures for Indiana and the whole U.S. Spending per listing divides a year of household spending on all personal care products and services by the hair salons counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Hair salons in New Castle, IN area compared with Indiana and the U.S.
MeasureNew Castle areaIndianaU.S.
Listings per 10k households19.821.123.4
Spending per listing$446K$460K$430K
Households per official establishment3,1071,8891,535
Official establishment growth, 2019–2023n/a+6.1%+6.0%
Population growth, 2020–2025+0.5%+2.7%+3.1%
Spending per household on personal care products and services$886$971$1,005
Median household income$63,150$71,957$80,734
Groundwork market score5851

Official counts and lending

Businesses

Official establishments, 2019 to 2023
6
Employees, 2023
29
Annual payroll, 2023
$619K
One-person businesses, 2023
108Businesses with no payroll
Map listings, September 2026
3712 chain locations
Listings at the U.S. rate for this spending
38The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
2
Amount
$164K

SBA-backed loans to businesses classed as beauty salons in the New Castle area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the New Castle area

Population, 2025 estimate
49,137+0.5% since 2020
Households
18,642
Median age
42.6
Homes lived in by their owners
76%
Vehicles per household
2.0
Land area
392 sq. mi.
People per square mile
125
Median household income
$63,150+26.7% vs. 2015–2019, before inflation
Average household income
$80,133
Median home value
$154,400
Jobs located here
12,829
Daytime population
43,751Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the New Castle area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the hair salons on map listings by name and distance.

Or open the report at the center of the New Castle area. Signed out, you see a blurred preview; on an account, each report is one action.

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Hair salons across Indiana

Every Indiana market ranked →

The highest-scoring small-town markets in Indiana for hair salons, numbered among those based in Indiana, with the New Castle area marked.

Top small-town markets in Indiana

Small-town markets in Indiana ranked for hair salons by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Auburn, IN842715.8$602K+2.9%#4 of 538
2Seymour, IN813217.6$534K+1.9%#9 of 538
3Kendallville, IN752714.9$634K+1.0%#27 of 538
4Greensburg, IN751917.7$544K+0.4%#29 of 538
5Jasper, IN733620.5$486K+0.9%#40 of 538
6Frankfort, IN682419.2$476K+0.4%#72 of 538
7Greencastle, IN683021.2$454K+3.2%#74 of 538
8Bedford, IN653518.3$496K+1.2%#93 of 538
9Richmond, IN634918.2$471K−0.5%#121 of 538
10Marion, IN615018.7$445K0.0%#145 of 538
15New Castle, IN583719.8$446K+0.5%#176 of 538

Other business types in the New Castle area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many hair salons are in the New Castle, IN area?

The New Castle area has 37 hair salons on map listings as of September 2026. 12 of them (32%) are chain locations. The listings count hair and beauty salons. Official counts show 6 businesses with payroll classed as beauty salons in 2023. Official counts list 108 one-person businesses without payroll.

How much do households in the New Castle, IN area spend on personal care products and services?

About $16.5M a year, or $886 per household. That is 12% below the U.S. average (an index of 88, where 100 is the U.S. average). Spread across the 37 hair salons on map listings, it comes to $446K per salon. The spending figure covers all personal care products and services, not only hair salons. It is estimated from the incomes of the 18,642 households in the New Castle area and national spending patterns by income.

How does the New Castle, IN area compare with the U.S. for hair salons?

The New Castle area has 19.8 hair salons per 10,000 households, 15% below the U.S. rate of 23.4. Spending per salon is $446K, 4% above the U.S. figure of $430K. At the national ratio of hair salons to household spending, the New Castle area would have about 38, against 37 on map listings. There is one business with payroll in the industry for every 3,107 households, against one for every 1,535 across the U.S.

How fast is the New Castle, IN area growing?

Population estimates put the New Castle area at 49,137 people in 2025, up 0.5% since 2020, slower than the U.S. (+3.1%). It has 18,642 households. The median household income in the New Castle area is $63,150 a year, 22% below the U.S. median of $80,734. That rose 26.7% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The New Castle area scores 58 for hair salons (upper middle), #176 of 538 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the New Castle area. It maps the hair salons on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for hair salons · All 56 business types in the New Castle area

Screening a site or an acquisition in the New Castle area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the New Castle area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.