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 a large stock of pre-World War II architecture, making it one of the older and more historic boroughs in the country.
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.
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.
Do you like to read, write and learn? If you move to Newtown, you'll likely find that many of your neighbors like to as well. Newtown is one of the more educated communities in America, with a full 63.67% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 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.