Zip 25266 (Newton, WV) Economy


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United States / West Virginia / No Metro Area / Roane County / No City / Newton (zip 25266)
Newton is a small city in West Virginia with a population of 2,266 people. The city offers great rental options with the average two bedroom rent for $740 - about half of the national average. Additionally, Newton offers some of the lowest grocery costs with an index of 95 versus 100 nationally. Some popular local businesses are PrimeMart Supermarket, Longacre's Family Restaurant, and McBride & Son Outdoor Outfitters. It's easy to see why so many people are choosing to call Newton home.

Newton (zip 25266) has an unemployment rate of 11.0%. The US average is 6.0%.

Newton (zip 25266) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Newton (zip 25266)
- The Sales Tax Rate for Newton (zip 25266) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newton (zip 25266) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Newton (zip 25266)
- The average income of a Newton (zip 25266) resident is $14,707 a year. The US average is $28,555 a year.
- The Median household income of a Newton (zip 25266) resident is $48,021 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewton, West VirginiaUnited States
  116
  -3.3%-6.2%
  20.5%33.5%
  6.0%6.2%
  6.0%4.6%
  $19,776$37,638
  $48,021$69,021
  $51,111$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  16.7%6.8%
  2.0%10.0%
  8.6%2.5%
  30.7%11.0%
  0.0%4.8%
  4.2%0.8%
  0.0%1.9%
  10.1%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  19.7%14.0%
  0.0%2.1%
  0.0%7.0%
  3.2%4.8%
  3.2%4.7%
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