Newton, Pennsylvania 

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Economy in Newton, Pennsylvania

Newton has an unemployment rate of 4.5%. The US average is 3.9%.

Newton has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Newton
- The Sales Tax Rate for Newton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newton is 4.1%. 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 $35,966 a year. The US average is $28,555 a year.
- The Median household income of a Newton resident is $72,697 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYNewton, PennsylvaniaUnited States
  5.2%3.7%
  0.8%1.6%
  26.2%33.5%
  6.0%6.2%
  4.1%4.6%
  $36,778$31,177
  $72,222$57,652
  $81,923$70,850
  POPULATION BY OCCUPATION
  2.5%1.3%
  0.9%0.6%
  9.3%6.2%
  11.1%10.4%
  3.6%2.7%
  12.5%11.6%
  7.9%4.1%
  0.4%0.9%
  1.1%2.1%
  4.6%4.7%
  0.7%1.9%
  5.2%6.7%
  0.3%0.1%
  1.3%4.3%
  11.3%9.3%
  14.2%13.8%
  1.7%2.2%
  5.0%7.4%
  4.6%4.9%
  1.8%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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