Real estate · Small-town market · Indiana
Property management companies in the New Castle, IN area
The property management 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
Not scored
The score needs at least 5 listings; this market has 2.
- Listings
- 2
- 0 chain locations (0%)
- Official establishments
- 4
- Businesses with payroll, 2023
- Household spending a year
- $239.9M
- On rent and homeowner costs · $12,870 a household
- Housing spending per listing (U.S. = 100)
- 216
- Too few listings to compare
- Listings per 10k households
- 1.1
- Too few listings to compare
- Population, 2025
- 49,137
- +0.5% since 2020
See the property management companies around any address in the New Castle area
The site report maps the property management 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.
Free10 actions over 3 days, no cardSurvey 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 2 property management companies in the New Castle area. That is 1.1 per 10,000 households.
Households in the New Castle area spend about $239.9M a year on rent and homeowner costs, or $12,870 per household, 23% below the U.S. average. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.
In 2023, official counts showed 4 businesses with payroll in the New Castle area classed as residential and commercial property managers. That is one for every 4,661 households, against one for every 1,638 across the U.S.
Population estimates show the New Castle area grew 0.5% from 2020 to 2025, slower than the U.S. (+3.1%). With 2 property management companies on map listings, the New Castle area isn’t given a market score: the score needs at least 5, since one listing more or less would swing it.
How the New Castle area compares
The same measures for Indiana and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.
| Measure | New Castle area | Indiana | U.S. |
|---|---|---|---|
| Listings per 10k households | 1.1 | 2.3 | 3.0 |
| Housing spending per listing (U.S. = 100) | 216 | 108 | 100 |
| Households per official establishment | 4,661 | 2,826 | 1,638 |
| Official establishment growth, 2019–2023 | n/a | +5.6% | +11.4% |
| Population growth, 2020–2025 | +0.5% | +2.7% | +3.1% |
| Spending per household on rent and homeowner costs | $12,870 | $13,818 | $16,661 |
| Median household income | $63,150 | $71,957 | $80,734 |
| Groundwork market score | Not scored | 53 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 4
- Employees, 2023
- 9
- Annual payroll, 2023
- $235K
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 20 chain locations
- Listings at the U.S. rate for this spending
- 4The 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 residential and commercial property managers 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 property management 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.
Free10 actions over 3 days, no cardProperty management across Indiana
Every Indiana market ranked →The highest-scoring small-town markets in Indiana for property management companies, numbered among those based in Indiana, with the New Castle area marked.
Top small-town markets in Indiana
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Marion, IN | 49 | 6 | 2.2 | 98 | 0.0% | #92 of 180 |
| 2Richmond, IN | 38 | 8 | 3.0 | 76 | −0.5% | #134 of 180 |
| New Castle, IN | Not scored | 2 | 1.1 | 216 | +0.5% |
Other business types in the New Castle area
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
- Real estate48
- Real estate agents and brokers49
- Property management
- Mortgage brokers and lenders
- Home inspectors
Funeral services
Questions
How many property management companies are in the New Castle, IN area?
The New Castle area has 2 property management companies on map listings as of September 2026. The listings count property management companies. Official counts show 4 businesses with payroll classed as residential and commercial property managers in 2023.
How much do households in the New Castle, IN area spend on rent and homeowner costs?
About $239.9M a year, or $12,870 per household. That is 23% below the U.S. average (an index of 77, where 100 is the U.S. average). The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. 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 property management companies?
The New Castle area has 2 property management companies on map listings, too few for a steady comparison with the U.S. rate. At the national ratio of property management companies to household spending, the New Castle area would have about 4, against 2 on map listings. There is one business with payroll in the industry for every 4,661 households, against one for every 1,638 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 has no market score for property management companies: the score needs at least 5 on map listings, and it has 2.
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 property management 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 property management 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.