Living in Newton, Massachusetts
Cost of living, income, home prices, rent and demographics of Newton · Census data 2020–2024
Newton has 89,044 residents with a median age of 42.1. The median household income is $190,304 (83% higher than the Massachusetts median), the median home value is $1,264,900, the median rent is $2,370/month.
Newton at a glance
- Population
- 89,044
- Median age
- 42.1State: 40
- Median household income
- $190,304State: $103,960
- Median home value
- $1,264,900State: $562,100
- Median rent
- $2,370/moState: $1,762
- Homeowners
- 70%
- Bachelor's degree or higher
- 81.1%
- Average commute
- 27 min
Is Newton a good place to live?
Pros: Median household income 83% higher than the Massachusetts median; an average commute of 27 minutes; unemployment of 3.8%; a poverty rate of 4.5%.
Cons: Home values 125% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Newton
Housing is the biggest part of the cost of living. In Newton the median home value is $1,264,900, 280% higher than the U.S. median. Renters pay a median of $2,370 per month, which is 27.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Newton median household income
The median household income in Newton is $190,304 and the income per person is $97,547. 4.5% of residents live below the poverty line (Massachusetts: 10%).
Housing in Newton: homes for sale and rent
- Housing units
- 33,959
- Owner-occupied
- 70%
- Renter-occupied
- 30%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1942
- Average household size
- 2.56
Newton demographics
- Population
- 89,044
- Median age
- 42.1
- Under 18
- 20.5%
- 65 and older
- 19.1%
- Households
- 32,194
- Foreign-born
- 24.3%
- Veterans
- 1.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Newton ›
Education in Newton
81.1% of adults 25 and older in Newton have a bachelor's degree or higher (Massachusetts: 47.3%), and 53% have a graduate or professional degree.
Jobs and commute in Newton
- Unemployment rate
- 3.8%State: 5.2%
- Average commute
- 27 minState: 29 min
- Work from home
- 32.2%
- Drive alone
- 47.5%
- Public transit
- 7.7%
- Walk to work
- 4.9%
- Homes with broadband
- 96.9%
Newton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newton | 89,044 | $190,304 | $1,264,900 | $2,370 |
| Watertown | 35,543 | $126,265 | $784,600 | $2,502 |
| Brookline | 63,266 | $142,101 | $1,246,800 | $2,835 |
| Needham | 32,459 | $214,308 | $1,188,500 | $2,409 |
| Wellesley | 30,347 | $250,001 | $1,582,700 | $2,886 |
| Waltham | 64,902 | $120,216 | $748,700 | $2,268 |
| Belmont | 27,175 | $183,137 | $1,159,000 | $2,527 |
| Weston | 11,579 | $250,001 | $1,694,400 | $2,085 |
| Cambridge | 118,796 | $130,748 | $1,092,100 | $2,787 |
More for people moving to Newton
Newton ZIP code ›Weather and climate ›Living in Newton: FAQ
What is the median household income in Newton, MA?
The median household income in Newton is $190,304, 83% higher than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Newton?
The median home value in Newton is $1,264,900, compared with $562,100 in Massachusetts.
How much is rent in Newton?
The median gross rent in Newton is $2,370 per month, about 27.2% of household income.
Is Newton, MA a good place to live?
Pluses: median household income 83% higher than the Massachusetts median; an average commute of 27 minutes; unemployment of 3.8%; a poverty rate of 4.5%. Minuses: home values 125% higher than the state median.
What is the median age in Newton?
The median age in Newton is 42.1 years (Massachusetts: 40).
How long is the commute in Newton?
The average commute to work in Newton is 27 minutes; 32.2% of workers work from home.
What is the unemployment rate in Newton?
The unemployment rate in Newton is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newton?
81.1% of adults in Newton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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