Most Expensive Newton Neighborhoods
Newton is a larger medium-sized city located in the state of Massachusetts. With a population of 88,287 people and 18 constituent neighborhoods, Newton is the 11th largest community in Massachusetts. Much of the housing stock in Newton was built prior to World War II, making it one of the older and more historic cities in the country.
Newton home prices are not only among the most expensive in Massachusetts, but Newton real estate also consistently ranks among the most expensive in America.
Newton is a decidedly white-collar city, with fully 94.87% of the workforce employed in white-collar jobs, well above the national average. Overall, Newton is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Newton who work in management occupations (15.11%), teaching (11.60%) and healthcare (9.65%).
Also of interest is that Newton has more people living here who work in computers and math than 95% of the places in the US.
And if you like science, one thing you'll find is that Newton has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.
Of important note, Newton is also a city of artists. Newton has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Newton’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.62% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Newton is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in Newton enrolled in college, Newton has a number of services, amenities and opportunities geared towards the needs and activities of students.
Not only is Newton a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a very large population of people who are young, single, educated, and upwardly-mobile. That’s because Newton is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Newton a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
Because of many things, Newton is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Newton really has some of the features that families look for when choosing a good community to raise children. Is Newton perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Although the majority of commuting trips in the city are by private automobile, Newton is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the bus helps to get to and from their jobs every morning, which benefits everyone in the Newton area by reducing both traffic and air pollution.
If knowledge is power, Newton is a pretty powerful place. 75.92% of the adults in Newton have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Newton in 2010 was $64,475, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $257,900 for a family of four.
Newton is a very ethnically-diverse city. The people who call Newton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Newton residents report their race to be White, followed by Asian. Important ancestries of people in Newton include Irish, Italian, English, Russian, German and Polish.
Foreign born people are also an important part of Newton's cultural character, accounting for 20.94% of the city’s population.
The languages spoken by people in Newton are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Newton is English. Other important languages spoken here include Chinese, Spanish and Russian.
|NUMBER OF HOMES AND APARTMENTS||31,175|
|NEWTON HOME OWNERSHIP|
|% OWNER OCCUPIED||63.34%|
|% RENTER OCCUPIED||36.66%|
|TYPE OF NEWTON HOMES|
|SINGLE FAMILY DETACHED||55.12%|
|ROWHOUSES AND ATTACHED HOMES||6.87%|
|SMALL APARTMENT BUILDINGS||21.39%|
|COMPLEXES OR HIGH RISE APARTMENTS||16.55%|
|SIZE OF NEWTON HOMES|
|5 OR MORE BEDROOMS||13.11%|
|AGE OF NEWTON HOMES|
|NEWER HOMES (2000 OR LATER)||6.32%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||14.74%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||26.81%|
|HISTORIC (1939 OR BEFORE)||52.13%|
|NEWTON REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$792,416|
|MEDIAN RENTAL PRICE||$2,407|
|HOME VALUE RANGE|
|$0 - $57,000||0.98%|
|$57,001 - $114,000||0.84%|
|$114,001 - $228,000||1.12%|
|$228,001 - $341,000||3.22%|
|$341,001 - $455,000||6.83%|
|$455,001 - $569,000||10.82%|
|$569,001 - $853,000||30.46%|
|$853,001 - $1,138,000||22.09%|
|PEOPLE OF NEWTON||DETAILS|
|UNDER 5 YEARS||5.43%|
|5 TO 17||16.76%|
|18 TO 24||12.50%|
|25 TO 34||9.27%|
|35 TO 54||27.17%|
|55 TO 64||13.11%|
|65 YEARS AND OVER||15.75%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.20%|
|MEDIAN HOUSEHOLD INCOME||$118,639|
|PER CAPITA INCOME||$64,475|
|INDIVIDUALS BELOW POVERTY LEVEL||5.64%|
|INDUSTRIES PEOPLE WORK IN||Education (19.28%)
Professional, scientific, and technical services (17.15%)
Public Service (2.77%)
Information Technology (2.51%)
Real estate (2.43%)
|BLACK OR AFRICAN AMERICAN||3.62%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.05%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.84%|
|TWO OR MORE RACES||2.72%|
|HISPANIC OR LATINO (OF ANY RACE)||5.36%|
|ETHNICITIES PRESENT||Irish (16.21%)
Eastern European (3.01%)
|LANGUAGES SPOKEN||English (73.74%)
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