Income & Economy in New Castle town, VA (24127)
Median Income
$59,115
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+236
Wealth inflow
Population
4,184
Unemployment
2.9%
0.8pp below US avg
IRS migration statistics show a net inflow of about 236 for ZIP 24127 (New Castle town, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 24127 (2020–Present)
Since 2020, population declined 0.3%, median income rose 2.7% (inflation-adjusted), home values increased 9.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $59,115 |
| Unemployment | 2.9% |
| Establishments | 49 |
| Employees | 341 |