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Hmmmm... New Castle is not one of my favorite towns. It's never really recovered from the collapse of local industries in the 70s and 80s. They did just revitalize the downtown area, but the last time I was there it was still empty. The cost of living would be pretty cheap compared to other places. Jobs are hard to find in the area. The weather is somewhat cloudy, cold, snowy winters, hot and humid summers. Much like the rest of NE Ohio/Western PA. Not necessarily a bad thing, but some people don't like that.
I don't know about the property taxes. I would guess they are similar to nearby Sharon, PA, which has somewhat high taxes. But you'd have to get the input of a local. I guess it depends on where you're coming from.
A friend of mine who works at a New Castle hospital said that she'd go to Pittsburgh or Cleveland for a good cardiac hospital. Other than that I don't know much about the reputation of hospitals in New Castle.
Hopefully someone else will be able to give you more specifics on New Castle. My opinion is, well, just that: my opinion.
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