Economy in Newton, Massachusetts
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Economy
| Unemployment Rate | 4.50% | 9.10% |
| Recent Job Growth | 0.18% | -0.12% |
| Future Job Growth | 35.86% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $55,840 | $27,067 |
| Household Income | $108,086 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.81% | 12.10% |
| Income between 15K and 25K | 4.54% | 10.18% |
| Income between 25K and 35K | 4.27% | 10.56% |
| Income between 35K and 50K | 7.92% | 14.98% |
| Income between 50K and 75K | 12.34% | 19.53% |
| Income between 75K and 100K | 11.77% | 12.52% |
| Income between 100K and 150K | 19.32% | 12.14% |
| Income between 150K and 250K | 11.82% | 3.91% |
| Income between 250K and 500K | 17.11% | 3.34% |
| Income greater than 500K | 5.11% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 22.18% | 13.81% |
| Professional and Related Occupations | 44.87% | 22.68% |
| Service | 8.23% | 14.51% |
| Sales and Office | 19.86% | 25.22% |
| Farming, Fishing, and Forestry | 0.06% | 0.68% |
| Construction, Extraction, and Maintenance | 2.27% | 9.37% |
| Production, Transportation, and Material Moving | 3.36% | 15.86% |
The unemployment rate in Newton, MA, is 4.50%, with job growth of 0.18%. Future job growth over the next ten years is predicted to be 35.86%.
Newton, MA Taxes
Newton, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Newton, MA Income and Salaries
The income per capita is $55,840, which includes all adults and children. The median household income is $108,086.
Newton Economy SperlingViews
Weather: THE WEATHER HERE IS VARIABLE... EACH SEASON CAN BE FELT IN EXTREME TEMPERATURES. WINTER IS SO COLD, SUMMER IS SO HOT...THE SPRING AND FALL BRING A LOT OF RAIN, BUT ALSO... (read more)Weather: Newton is a beautiful place to call... (read more)newton, ma: Newton is ok, safe, close to... (read more)Have an opinion about Newton? Leave a commentTo See All SperlingViews for Newton Click Here
