Newtown is a very small borough located in the state of Pennsylvania. With a population of 2,240 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 90.80% of the workforce employed in white-collar jobs, well above the national average. Overall, Newtown is a borough of professionals, sales and office workers, and managers. There are especially a lot of people living in Newtown who work in management occupations (15.86%), sales jobs (14.72%), and office and administrative support (10.69%).
In addition, Newtown is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
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.
In Newtown, a lot of people use the train to get to work every day though Newtown is a relatively small borough. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Newtown. 63.67% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Newtown in 2018 was $74,742, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $298,968 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 Irish, German, Italian, Polish, and English.
The most common language spoken in Newtown is English. Other important languages spoken here include Italian and French.