Newton, MA is a great place to live and has much to offer its residents. The average two bedroom rent in 02458 Newton, MA is $2,970 which is much higher than the national average of $1,430. Additionally, grocery cost index in 02458 Newton is 117 versus 100 in the US, having more options for food available for residents. Local companies that can be found within this zip code are Marshall Electric Supply Company, Upscale Remodeling & Painting Services LLC and GFC Construction LLC. All of these businesses help add to the local economy and make 02458 Newton an even better place to live.
Newton (zip 02458) has an unemployment rate of 4.1%. The US average is 6.0%.
Newton (zip 02458) has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 42.0%, which is higher than the US average of 33.5%.
Tax Rates for Newton (zip 02458)
- The Sales Tax Rate for Newton (zip 02458) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Newton (zip 02458) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newton (zip 02458)
- The average income of a Newton (zip 02458) resident is $72,341 a year. The US average is $37,638 a year.
- The Median household income of a Newton (zip 02458) resident is $131,992 a year. The US average is $69,021 a year.