Economy in Newton, Iowa
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Economy
| Unemployment Rate | 9.20% | 9.10% |
| Recent Job Growth | 1.42% | -0.12% |
| Future Job Growth | 33.64% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.98% | 6.25% |
| Income per Cap. | $23,036 | $27,067 |
| Household Income | $42,710 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.92% | 12.10% |
| Income between 15K and 25K | 13.66% | 10.18% |
| Income between 25K and 35K | 14.48% | 10.56% |
| Income between 35K and 50K | 16.95% | 14.98% |
| Income between 50K and 75K | 24.00% | 19.53% |
| Income between 75K and 100K | 10.15% | 12.52% |
| Income between 100K and 150K | 5.57% | 12.14% |
| Income between 150K and 250K | 1.33% | 3.91% |
| Income between 250K and 500K | 0.86% | 3.34% |
| Income greater than 500K | 0.09% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.99% | 13.81% |
| Professional and Related Occupations | 22.58% | 22.68% |
| Service | 12.23% | 14.51% |
| Sales and Office | 29.33% | 25.22% |
| Farming, Fishing, and Forestry | 0.12% | 0.68% |
| Construction, Extraction, and Maintenance | 7.16% | 9.37% |
| Production, Transportation, and Material Moving | 23.96% | 15.86% |
The unemployment rate in Newton, IA, is 9.20%, with job growth of 1.42%. Future job growth over the next ten years is predicted to be 33.64%.
Newton, IA Taxes
Newton, IA,sales tax rate is 7.00%. Income tax is 8.98%.
Newton, IA Income and Salaries
The income per capita is $23,036, which includes all adults and children. The median household income is $42,710.
Newton Economy SperlingViews
Climate in Newton, IA: Winters here tend to be cold, with moderate amount of snowfall, starting around Nov-Dec and reaching into Mar-April. Spring generally starts out cold, but warms quickly... (read more)Have an opinion about Newton? Leave a commentTo See All SperlingViews for Newton Click Here
