Economy in Newton, North Carolina
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Economy
| Unemployment Rate | 11.70% | 9.10% |
| Recent Job Growth | -4.30% | -0.12% |
| Future Job Growth | 19.70% | 31.25% |
| Sales Taxes | 6.75% | 6.80% |
| Income Taxes | 8.25% | 6.25% |
| Income per Cap. | $20,375 | $27,067 |
| Household Income | $43,198 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 13.15% | 12.10% |
| Income between 15K and 25K | 12.62% | 10.18% |
| Income between 25K and 35K | 14.05% | 10.56% |
| Income between 35K and 50K | 19.11% | 14.98% |
| Income between 50K and 75K | 22.10% | 19.53% |
| Income between 75K and 100K | 10.18% | 12.52% |
| Income between 100K and 150K | 6.64% | 12.14% |
| Income between 150K and 250K | 0.99% | 3.91% |
| Income between 250K and 500K | 1.03% | 3.34% |
| Income greater than 500K | 0.13% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.46% | 13.81% |
| Professional and Related Occupations | 21.55% | 22.68% |
| Service | 15.60% | 14.51% |
| Sales and Office | 25.93% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 7.28% | 9.37% |
| Production, Transportation, and Material Moving | 30.97% | 15.86% |
The unemployment rate in Newton, NC, is 11.70%, with job growth of -4.30%. Future job growth over the next ten years is predicted to be 19.70%.
Newton, NC Taxes
Newton, NC,sales tax rate is 6.75%. Income tax is 8.25%.
Newton, NC Income and Salaries
The income per capita is $20,375, which includes all adults and children. The median household income is $43,198.
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