Greencastle is a small town with a large college student population. Because of this, there is a real youthful, hip vibe to the place, and much of the life in the town is centered on the college. This has helped Greencastle to buck the trend of other small towns that have suffered declining populations over the past 20 to 30 years. Spending by students, and faculty and staff jobs, are a big part of the local economy.
Being a small city, Greencastle does not have a public transit system used by locals to get to and from work.
The citizens of Greencastle are slightly better educated than the national average of 21.84% for all cities and towns, with 24.69% of adults in Greencastle having a bachelor's degree or advanced degree.
The per capita income in Greencastle in 2022 was $24,637, which is low income relative to Indiana, and lower middle income relative to the rest of the US. This equates to an annual income of $98,548 for a family of four. However, Greencastle contains both very wealthy and poor people as well.
Greencastle is a somewhat ethnically-diverse city. The people who call Greencastle home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Greencastle residents report their race to be White, followed by Asian. Important ancestries of people in Greencastle include German, English, Irish, Scottish, and Italian.
The most common language spoken in Greencastle is English. Other important languages spoken here include Spanish and Chinese.
