The small town of Newton, NH (03858) provides a peaceful rest from city life while still keeping many conveniences close at hand. With an average two bedroom rent of $1,420, the cost of living in Newton is slightly lower than the US average ($1,430). Additionally, groceries tend to be more affordable here as well with the Grocery Cost Index currently sitting at 107 versus 100 in the US. Residents have plenty of local stores to shop at including Shaw's Supermarket, Hannaford Brothers Company Supermarkets and Country Farm Markets Inc., as well as a variety of restaurants and specialty shops. All in all Newton is a great place to live offering cost savings and accessibility.
Newton (zip 03858) has an unemployment rate of 3.2%. The US average is 6.0%.
Newton (zip 03858) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.
Tax Rates for Newton (zip 03858)
- The Sales Tax Rate for Newton (zip 03858) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Newton (zip 03858) 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 (zip 03858)
- The average income of a Newton (zip 03858) resident is $55,383 a year. The US average is $37,638 a year.
- The Median household income of a Newton (zip 03858) resident is $135,863 a year. The US average is $69,021 a year.