Newton, MA 02466 is a great place to call home. The median 2 Bedroom Rent for Newton is $3,210 which is higher than the national average of $1,430. Grocery prices in Newton are also higher than the national average with a Grocery Cost Index of 118 versus 100 in the US. There are plenty of employment options for residents in this area including Boston Scientific Corporation, New Balance Athletics Inc., and TJX Companies Retail Corporation. Moving to Newton costs more than other parts of the country but you’ll have access to excellent job opportunities and some of the best amenities around.
Newton (zip 02466) has an unemployment rate of 4.1%. The US average is 6.0%.
Newton (zip 02466) 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 02466)
- The Sales Tax Rate for Newton (zip 02466) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Newton (zip 02466) 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 02466)
- The average income of a Newton (zip 02466) resident is $66,105 a year. The US average is $37,638 a year.
- The Median household income of a Newton (zip 02466) resident is $137,656 a year. The US average is $69,021 a year.