Newton, GA is a small town in Georgia with a population of approximately 2,000 and is known for its friendly hometown atmosphere. The cost of living in Newton, GA is relatively low compared to other cities in the United States. The average two bedroom rent in Newton, GA is $740 while the average two bedroom rent throughout the United States is $1,430. Additionally, the Grocery Cost Index in Newton is 94 compared to 100 in the United States. Popular local companies include Sodexo Solutions, Baxter Healthcare Corporation and Bluebird Incorporated. With all these factors combined into account, it makes sense why many people choose to live in Newton due to its low cost of living and its close-knit community feel.
Newton has an unemployment rate of 4.7%. The US average is 6.0%.
Newton has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 45.0%, which is higher than the US average of 33.5%.
Tax Rates for Newton
- The Sales Tax Rate for Newton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Newton is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newton
- The average income of a Newton resident is $17,348 a year. The US average is $28,555 a year.
- The Median household income of a Newton resident is $27,292 a year. The US average is $69,021 a year.