2025 Compare Cities Economy:
Newton, MA vs Summit, NJ

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Highlights
- Household income in Summit, is 8% less than it is in Newton and is 54% above the National Average.
- Newton unemployment rate is 4.1%.
- Summit unemployment rate is 8.0%.
 Newton, MASummit, NJUnited States
 Unemployment Rate  Unlock8.0%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth42.0%  Unlock33.5%
 Sales Taxes6.3%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$81,020  Unlock$37,638
 Household Income  Unlock$151,505$69,021
 Family Median Income$201,924  Unlock$85,028
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 Est. Households By Income
 Newton, MASummit, NJUnited States
 Income Less Than 15K  Unlock3.4%9.4%
 Income between 15K and 20K1.7%  Unlock3.8%
 Income between 20K and 30K  Unlock2.5%8.1%
 Income between 30K and 40K2.6%  Unlock8.0%
 Income between 40K and 50K  Unlock3.3%7.6%
 Income between 50K and 60K2.9%  Unlock7.2%
 Income between 60K and 75K  Unlock4.9%9.6%
 Income between 75K and 100K7.7%  Unlock12.8%
 Income between 100K and 150K  Unlock9.9%16.3%
 Income between 150K and 200K13.3%  Unlock7.8%
 Income greater than 200K  Unlock42.0%9.5%
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 Population By Occupation
 Newton, MASummit, NJUnited States
 Management, business, finance26.1%  Unlock16.4%
 Engineering, computers, science  Unlock6.2%6.5%
 Community, social services1.9%  Unlock1.8%
 Legal  Unlock4.8%1.2%
 Education, library11.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.3%2.0%
 Healthcare practitioners and technology9.9%  Unlock6.2%
 Healthcare support  Unlock3.2%3.3%
 Firefighters, law enforcement1.2%  Unlock2.1%
 Food preparation, serving  Unlock3.1%5.4%
 Building maintenance1.1%  Unlock3.6%
 Personal care  Unlock4.0%2.6%
 Sales, office, administrative support14.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair2.5%  Unlock8.1%
 Production, transportation, material moving  Unlock3.8%13.1%
Reviews for Newton    6 Reviews

Over 11 years ago

Apartment rentals seem to be on the expensive  More

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Over 14 years ago

Newton is ok, safe, close to  More

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Over 15 years ago

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  More

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Reviews for Summit    5 Reviews

Over 17 years ago

While there seems to be a good amount of cultural activities and diversity in this area, and it is done with the intention that it makes people feel diverse, when they  More

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Over 19 years ago

A very nice town. If you have lots of money to spend on housing and really want to be in Summit then it is worth it. The water and air quality are terrible. And as a  More

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Summit, NJ is a very expensive place to live. But the town does a great job of making it worth every penny. Community activities, train station, quite neighborhoods,  More

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