02468 Newton, MA is a wonderful place to live for those who value access to cities without living in one. With its proximity to Boston, 2 bedroom rent in 02468 Newton is $3,860 compared to the US 2 Bedroom Rent of $1,430, almost 3 times as expensive. Despite this higher rental rate, groceries are still affordable with a Grocery Cost Index of 122 compared to the US at 100. It is also great for local business owners as there are many businesses located within the area including Union Capital Group LLC, eCurv Inc., and Micale Financial LLC. 02468 Newton is an ideal place to live with its lower cost of living than many larger cities but with just as much charm and opportunity.
Newton (zip 02468) has an unemployment rate of 4.1%. The US average is 6.0%.
Newton (zip 02468) 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 02468)
- The Sales Tax Rate for Newton (zip 02468) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Newton (zip 02468) 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 02468)
- The average income of a Newton (zip 02468) resident is $83,882 a year. The US average is $28,555 a year.
- The Median household income of a Newton (zip 02468) resident is $250,001 a year. The US average is $69,021 a year.