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Economy, jobs and prices in Newton, Massachusetts: official figures

The median household income in Newton was $190,304 a year in the 2020-2024 American Community Survey (in 2024 dollars), 6th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Massachusetts median $103,960.

Median household income
$190,304
2020-2024
Unemployment rate (ACS)
3.8%
2020-2024
Mean travel time to work
26.6 min
2020-2024
Median gross rent (monthly)
$2,370
2020-2024
Median home value (owner-occupied)
$1,264,900
2020-2024
Homes occupied by their owners
70.0%
2020-2024
Households with a broadband subscription
96.9%
2020-2024

What is the per capita income in Newton?

Income per resident (per capita income) in Newton averaged $97,547 a year in 2020-2024, 8th highest of 823 US cities of 50,000 or more (US: $44,673; Massachusetts: $57,897).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Newton?

Newton's Gini index of household income inequality was 0.489 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 146th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Newton, Massachusetts?

3.8% of the civilian labor force in Newton was unemployed on average over 2020-2024 (1,819 people), 129th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Massachusetts' 5.2%.

Source: U.S. Census Bureau · saved copy

What share of people in Newton are working?

65.8% of Newton's 73,691 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 407th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Newton have jobs?

46,647 residents of Newton held civilian jobs, 63.3% of those aged 16 and over (US: 59.7%); the survey counted no residents in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Newton?

The largest industry group for working residents of Newton was education, health care and social assistance (33.1% of employed residents), followed by professional, scientific, management and administrative services (24.0%) and finance, insurance and real estate (9.0%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Newton work in manufacturing?

Manufacturing employed 6.7% of working residents of Newton, 225th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 24.0% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Newton, Massachusetts?

Commuters in Newton took 26.6 minutes on average to get to work in 2020-2024, 296th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 7.6% travelled an hour or more and 21.5% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Newton get to work?

32.2% of workers living in Newton worked from home in 2020-2024, 27th highest of 823 US cities of 50,000 or more (US: 15.1%). 47.5% drove to work alone, 5.8% carpooled, 7.7% used public transport and 4.9% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Newton, Massachusetts?

The median gross rent (rent plus utilities) in Newton was $2,370 a month in 2020-2024, 68th highest of 823 US cities of 50,000 or more (US: $1,413; Massachusetts: $1,762).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Newton?

Owner-occupied homes in Newton had a median value of $1,264,900 in 2020-2024 as estimated by their owners, 24th highest of 823 US cities of 50,000 or more (US: $332,700; Massachusetts: $562,100).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Newton?

The median home value in Newton was 6.6 times the median household income, 153rd highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Newton, Massachusetts own their home?

70.0% of the 32,194 occupied homes in Newton were lived in by their owners in 2020-2024 and 9,662 were rented, 159th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Massachusetts: 62.5%).

Source: U.S. Census Bureau · saved copy

What share of homes in Newton have broadband?

96.9% of households in Newton had a broadband internet subscription of some type in 2020-2024, 54th highest of 823 US cities of 50,000 or more (US: 91.0%; Massachusetts: 92.8%).

Source: U.S. Census Bureau · saved copy

How many households in Newton have no internet?

2.2% of households in Newton (724) had no internet access at home in 2020-2024, 112th lowest of 823 US cities of 50,000 or more (US: 6.5%); 5.7% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Newton compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Newton ranks 6 of 823, highest first.

RankCityMedian household income (2024 dollars)
3Palo Alto$231,101
4Dublin$214,385
5San Ramon$196,161
6Newton$190,304
7Pleasanton$190,124
8Mountain View$189,917
9Fulshear$187,035
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Newton ranks 8 of 823, highest first.

RankCityPer capita income (2024 dollars)
5Hoboken$109,360
6Sunnyvale$101,185
7Sammamish$98,874
8Newton$97,547
9Bellevue$97,015
10Kirkland$95,367
11Santa Monica$94,641
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Newton ranks 146 of 823, highest first.

RankCityGini index of household income inequality
143Greensboro0.490
144Orlando0.489
145Lubbock0.489
146Newton0.489
147Owensboro0.488
148Augusta0.488
149Kenner0.488
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Newton ranks 695 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
692Arvada3.8%
693Lee's Summit3.8%
694Hoboken3.8%
695Newton3.8%
696Newark3.8%
697Bend3.7%
698Waltham3.7%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Newton ranks 407 of 823, highest first.

RankCityLabor force participation rate (16 and over)
404Tinley Park65.8%
405Wichita65.8%
406Bellflower65.8%
407Newton65.8%
408Homestead65.8%
409Conroe65.8%
410Springfield65.8%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Newton ranks 296 of 823, highest first.

RankCityMean travel time to work (minutes)
293Santee26.7
294Fishers26.7
295Elizabeth26.7
296Newton26.6
297Folsom26.6
298Noblesville26.6
299Placentia26.6
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Newton ranks 27 of 823, highest first.

RankCityWorkers who worked from home
24Encinitas32.7%
25Alameda32.7%
26Roswell32.2%
27Newton32.2%
28Fremont32.1%
29Carlsbad31.9%
30Sandy Springs31.9%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Newton ranks 48 of 823, highest first.

RankCityWorkers commuting by public transportation
45Richmond8.2%
46Buffalo8.1%
47San Leandro8.0%
48Newton7.7%
49Wilmington7.7%
50Downers Grove7.4%
51Paterson7.4%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Newton ranks 599 of 823, highest first.

RankCityEmployed residents working in manufacturing
596Frisco6.7%
597Deltona6.7%
598Conway6.7%
599Newton6.7%
600Harrisburg6.6%
601Woodland6.6%
602Bellevue6.6%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Newton ranks 29 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
26Worcester33.7%
27Athens33.6%
28New Rochelle33.3%
29Newton33.1%
30Greenville33.1%
31Duluth33.0%
32Springfield33.0%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Newton ranks 68 of 823, highest first.

RankCityMedian gross rent per month
65Jupiter$2,381
66Celina$2,379
67San Rafael$2,377
68Newton$2,370
69Rancho Cucamonga$2,357
70Folsom$2,352
71San Marcos$2,348
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Newton ranks 24 of 823, highest first.

RankCityMedian value of owner-occupied homes
21Bellevue$1,340,300
22Dublin$1,317,100
23Redondo Beach$1,279,200
24Newton$1,264,900
25Carlsbad$1,257,000
26Milpitas$1,251,700
27Alameda$1,235,700
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Newton ranks 150 of 820, highest first.

RankCityMedian home value as a multiple of median household income
147Washington6.7x
148Renton6.7x
149Coeur d'Alene6.7x
150Newton6.6x
151Rancho Cucamonga6.6x
152Bothell6.6x
153Barnstable Town6.6x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Newton ranks 159 of 823, highest first.

RankCityOccupied homes lived in by their owners
156Nampa70.2%
157Little Elm70.1%
158Jurupa Valley70.1%
159Newton70.0%
160Pflugerville69.9%
161Vineland69.9%
162Apple Valley69.9%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Newton ranks 54 of 823, highest first.

RankCityHouseholds with a broadband subscription
51Mooresville96.9%
52Gilbert96.9%
53Livermore96.9%
54Newton96.9%
55Bentonville96.8%
56Herriman96.8%
57Fremont96.8%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Newton ranks 712 of 823, highest first.

RankCityHouseholds with no internet access
709Santa Clarita2.3%
710Noblesville2.2%
711Minnetonka2.2%
712Newton2.2%
713Lakeville2.2%
714Carlsbad2.2%
715Mansfield2.2%
Source: U.S. Census Bureau · saved copy

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Sources

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