Living in Newton, New Jersey
Cost of living, income, home prices, rent and demographics of Newton · Census data 2020–2024
Newton has 8,369 residents with a median age of 42.5. The median household income is $76,221 (26% lower than the New Jersey median), the median home value is $302,700, the median rent is $1,442/month.
Newton at a glance
- Population
- 8,369
- Median age
- 42.5State: 40.1
- Median household income
- $76,221State: $103,556
- Median home value
- $302,700State: $454,400
- Median rent
- $1,442/moState: $1,720
- Homeowners
- 59.3%
- Bachelor's degree or higher
- 30.5%
- Average commute
- 26 min
Is Newton a good place to live?
Pros: Home values 33% lower than the state median; an average commute of 26 minutes.
Cons: Median household income 26% lower than the New Jersey median; unemployment of 9.9%; a poverty rate of 15.1%.
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 $302,700, 9% lower than the U.S. median. Renters pay a median of $1,442 per month, which is 40.4% of household income. Homeowners with a mortgage pay $2,185 a month in housing costs.
Newton median household income
The median household income in Newton is $76,221 and the income per person is $40,546. 15.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Newton: homes for sale and rent
- Housing units
- 3,792
- Owner-occupied
- 59.3%
- Renter-occupied
- 40.7%
- Vacant
- 9.1%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.27
Newton demographics
- Population
- 8,369
- Median age
- 42.5
- Under 18
- 18%
- 65 and older
- 19.9%
- Households
- 3,448
- Foreign-born
- 9.3%
- Veterans
- 2.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Newton ›
Education in Newton
30.5% of adults 25 and older in Newton have a bachelor's degree or higher (New Jersey: 43.6%), and 8% have a graduate or professional degree.
Jobs and commute in Newton
- Unemployment rate
- 9.9%State: 6.3%
- Average commute
- 26 minState: 31 min
- Work from home
- 7.1%
- Drive alone
- 81.7%
- Public transit
- 0.4%
- Walk to work
- 1.2%
- Homes with broadband
- 88%
Newton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newton | 8,369 | $76,221 | $302,700 | $1,442 |
| Hampton | 4,912 | $109,676 | $336,700 | $1,680 |
| Fredon | 3,281 | $142,903 | $457,600 | $1,205 |
| Andover | 728 | $92,750 | $400,000 | $1,597 |
| Lake Mohawk | 9,508 | $149,135 | $441,700 | $1,989 |
| Green | 3,657 | $141,875 | $472,200 | $1,648 |
| Stillwater | 4,052 | $123,134 | $343,100 | $1,238 |
| Lafayette | 2,344 | $129,038 | $490,200 | $1,891 |
| Sparta | 20,077 | $167,963 | $484,200 | $1,864 |
More for people moving to Newton
Newton ZIP code ›Weather and climate ›Living in Newton: FAQ
What is the median household income in Newton, NJ?
The median household income in Newton is $76,221, 26% lower than the New Jersey median of $103,556 (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 $302,700, compared with $454,400 in New Jersey.
How much is rent in Newton?
The median gross rent in Newton is $1,442 per month, about 40.4% of household income.
Is Newton, NJ a good place to live?
Pluses: home values 33% lower than the state median; an average commute of 26 minutes. Minuses: median household income 26% lower than the New Jersey median; unemployment of 9.9%; a poverty rate of 15.1%.
What is the median age in Newton?
The median age in Newton is 42.5 years (New Jersey: 40.1).
How long is the commute in Newton?
The average commute to work in Newton is 26 minutes; 7.1% of workers work from home.
What is the unemployment rate in Newton?
The unemployment rate in Newton is 9.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newton?
30.5% 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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