Newton, NJ (07860) is a town located in Sussex County, New Jersey. It has a population of 2,591 people according to the latest US Census data. The average 2 bedroom rent in Newton is $1,540 which is just slightly higher than the US national average of $1,430. The Grocery Cost Index for Newton is also higher than the US at 103 versus 100 respectively. Popular local companies in Newton include All Seasons Landscaping, A&M Cleaning Services, Creative Lawn Care and Design and Liberty Docks & Decks. Those looking to move to Newton can expect to find many options from apartments to single-family homes and from rental properties to luxury estates as well as plenty of job opportunities at all these companies.
Newton (zip 07860) has an unemployment rate of 7.7%. The US average is 6.0%.
Newton (zip 07860) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Newton (zip 07860)
- The Sales Tax Rate for Newton (zip 07860) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Newton (zip 07860) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newton (zip 07860)
- The average income of a Newton (zip 07860) resident is $35,871 a year. The US average is $28,555 a year.
- The Median household income of a Newton (zip 07860) resident is $98,237 a year. The US average is $69,021 a year.