Groundwork

Home services · Small-town market · Indiana

HVAC and plumbing companies in the New Castle, IN area

The HVAC and plumbing companies in the New Castle, IN area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score · out of 100

Score 24 out of 100: Low

Ranked #456 of 476 scored small-town markets
#23 of 23 scored small-town markets based in Indiana

Listings
20
1 chain location (5%)
Official establishments
18
Businesses with payroll, 2023
Household spending a year
$45.6M
On home repairs, maintenance and insurance · $2,447 a household
Spending per listing
$2.3M
52% below the U.S.
Listings per 10k households
10.7
70% above the U.S.
Population, 2025
49,137
+0.5% since 2020

See the HVAC and plumbing companies around any address in the New Castle area

The site report maps the HVAC and plumbing companies 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

For HVAC and plumbing companies, the New Castle area has a Groundwork market score of 24 (low): #456 of 476 scored small-town markets and #23 of 23 scored small-town markets based in Indiana. That puts it in the bottom quarter of small-town markets.

As of September 2026, map listings count 20 HVAC and plumbing companies in the New Castle area. One of them (5%) is a chain location, against 4% across the U.S. That comes to 10.7 for every 10,000 households, 70% above the U.S. rate of 6.3.

Households in the New Castle area spend about $45.6M a year on home repairs, maintenance and insurance, or $2,447 per household, 19% below the U.S. average. That works out to $2.3M per company, 52% below the U.S. figure of $4.8M. That spending covers all home repairs, maintenance and insurance, which HVAC and plumbing companies share with other businesses in the trade.

In 2023, official counts showed 18 businesses with payroll in the New Castle area classed as plumbing, heating and air-conditioning contractors. That is one for every 1,036 households, against one for every 1,162 across the U.S. Between 2020 and 2025, the population of the New Castle area grew 0.5%, slower than the U.S. (+3.1%).

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 home repairs, maintenance and insurance by the HVAC and plumbing companies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

HVAC and plumbing in New Castle, IN area compared with Indiana and the U.S.
MeasureNew Castle areaIndianaU.S.
Listings per 10k households10.76.66.3
Spending per listing$2.3M$4M$4.8M
Households per official establishment1,0361,3531,162
Official establishment growth, 2019–2023n/a+5.5%+7.6%
Population growth, 2020–2025+0.5%+2.7%+3.1%
Spending per household on home repairs, maintenance and insurance$2,447$2,669$3,018
Median household income$63,150$71,957$80,734
Groundwork market score2441

Official counts and lending

Businesses

Official establishments, 2019 to 2023
18
Employees, 2023
122
Annual payroll, 2023
$6.7M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
201 chain location
Listings at the U.S. rate for this spending
10The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as plumbing, heating and air-conditioning contractors 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 HVAC and plumbing companies 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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HVAC and plumbing across Indiana

Every Indiana market ranked →

The highest-scoring small-town markets in Indiana for HVAC and plumbing companies, 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 HVAC and plumbing companies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Kendallville, IN7752.8$9.4M+1.0%#19 of 476
2Auburn, IN7274.1$6.4M+2.9%#40 of 476
3Greensburg, IN6154.7$5.7M+0.4%#125 of 476
4Frankfort, IN6175.6$4.5M+0.4%#129 of 476
5Monticello, IN6054.9$5.2M+2.0%#137 of 476
6Warsaw, IN60216.6$4.1M+0.9%#141 of 476
7Madison, IN5886.3$4M+0.6%#155 of 476
8Marion, IN54114.1$5.6M0.0%#188 of 476
9Richmond, IN54145.2$4.6M−0.5%#192 of 476
10Decatur, IN5386.5$4M+2.2%#205 of 476
23New Castle, IN242010.7$2.3M+0.5%#456 of 476

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 HVAC and plumbing companies are in the New Castle, IN area?

The New Castle area has 20 HVAC and plumbing companies on map listings as of September 2026. One of them (5%) is a chain location. The listings count heating and air-conditioning companies and plumbers. Official counts show 18 businesses with payroll classed as plumbing, heating and air-conditioning contractors in 2023.

How much do households in the New Castle, IN area spend on home repairs, maintenance and insurance?

About $45.6M a year, or $2,447 per household. That is 19% below the U.S. average (an index of 81, where 100 is the U.S. average). Spread across the 20 HVAC and plumbing companies on map listings, it comes to $2.3M per company. The spending figure covers all home repairs, maintenance and insurance, not only HVAC and plumbing companies. 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 HVAC and plumbing companies?

The New Castle area has 10.7 HVAC and plumbing companies per 10,000 households, 70% above the U.S. rate of 6.3. Spending per company is $2.3M, 52% below the U.S. figure of $4.8M. At the national ratio of HVAC and plumbing companies to household spending, the New Castle area would have about 10, against 20 on map listings. There is one business with payroll in the industry for every 1,036 households, against one for every 1,162 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 24 for HVAC and plumbing companies (low), #456 of 476 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 HVAC and plumbing companies 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 HVAC and plumbing companies · 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.