Newton, TX County is a great place to live with the 2 Bedroom Rent being far below the US average at $830 per month. It also has a lower grocery cost index than the US average of 90 compared to 100. The county is home to many local employers that are actively hiring, such as Newton Memorial Hospital, Walmart, JCPenney, Sonic Drive-In, Firestone Complete Auto Care and Tractor Supply Company. Other companies in the area include McDonald's, Subway and Burger King. With so many options available for employment, it's no wonder why Newton, TX County is an increasingly popular place to call home.
Newton County has an unemployment rate of 11.5%. The US average is 6.0%.
Newton County has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for Newton County
- The Sales Tax Rate for Newton County is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Newton County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newton County
- The average income of a Newton County resident is $20,509 a year. The US average is $28,555 a year.
- The Median household income of a Newton County resident is $38,116 a year. The US average is $69,021 a year.