Newton, MA (02464) is a city located in Middlesex County. It has an estimated population of 87,715 as of 2019 and is part of the Greater Boston Area. The average two bedroom rent in Newton is $3,080 which is more than double the US average of $1,430. The grocery cost index in Newton is 114 versus 100 in the US. Local companies to Newton include CambridgeTrust Bank, Connors Insurance Agency and Goodnow-Pearson Architects. For those looking for entertainment, the local sports teams include Newton North Tigers Football and Newton South Rebels Football.
Newton (zip 02464) has an unemployment rate of 4.1%. The US average is 6.0%.
Newton (zip 02464) has seen the job market increase by 4.3% 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 02464)
- The Sales Tax Rate for Newton (zip 02464) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Newton (zip 02464) 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 02464)
- The average income of a Newton (zip 02464) resident is $52,685 a year. The US average is $28,555 a year.
- The Median household income of a Newton (zip 02464) resident is $121,071 a year. The US average is $69,021 a year.