Newtown is a very small borough located in the state of Pennsylvania. With a population of 2,229 people and seven constituent neighborhoods, Newtown is the 563rd largest community in Pennsylvania. Newtown has an unusually large stock of pre-World War II architecture, making it one of the older and more historic boroughs.
Newtown home prices are not only among the most expensive in Pennsylvania, but Newtown real estate also consistently ranks among the most expensive in America.
Newtown is a decidedly white-collar borough, with fully 90.59% of the workforce employed in white-collar jobs, well above the national average. Overall, Newtown is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Newtown who work in management occupations (16.22%), sales jobs (14.54%), and teaching (10.59%).
A relatively large number of people in Newtown telecommute to their jobs. Overall, about 8.04% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
In addition, Newtown is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, Newtown is a great place for families with children to consider. First of all, many other families with children live here, making Newtown a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Newtown has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Newtown’s overall crime rate is lower than average for the country.
Even though Newtown is a smaller borough, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
If knowledge is power, Newtown is a pretty powerful place. 64.71% of the adults in Newtown 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 Newtown in 2010 was $60,358, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $241,432 for a family of four.
The people who call Newtown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Newtown residents report their race to be White, followed by Black or African-American. Important ancestries of people in Newtown include German, Italian, English, and Polish.
The most common language spoken in Newtown is English. Other important languages spoken here include Italian and Spanish.