Newton, TX (zip code 75966) is a small town in Texas, located about an hour and a half from two of the largest cities in the state - Houston and Beaumont. The cost of rent for a 2 bedroom apartment in Newton is $850, which is significantly lower than the national average of $1430. Grocery costs are also relatively low with an index score of 89 compared to the national average of 100.
The city contains many local businesses such as Newton Feed & Supply, a feed store that also carries pet food and supplies; Central Automotive, a full service automotive shop; and Newton Pawn Shop. For groceries, there are several local stores such as Marr's Grocery, J&J Food Store, and El Charro Supermarket where residents can purchase their grocery items.
Newton (zip 75966) has an unemployment rate of 11.5%. The US average is 6.0%.
Newton (zip 75966) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for Newton (zip 75966)
- The Sales Tax Rate for Newton (zip 75966) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Newton (zip 75966) 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 75966)
- The average income of a Newton (zip 75966) resident is $17,894 a year. The US average is $28,555 a year.
- The Median household income of a Newton (zip 75966) resident is $39,310 a year. The US average is $69,021 a year.