Newton, Massachusetts - Dental Demographics - Income
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Income |
Median household income is $161,924 and per capita income is $83,054 in Newton. Median income is well above the U.S. median income. Average household income is $223,686 per year. Newton's per capita income is well above the state of Massachusetts and the U.S. The percentage of households with an average income is 0.0%. Additionally, 53.8% of the population earns over $150,000. This area may be an ultra-rich area. A close review of the tapestry profiles for this area will give insight into general spending and behavior patterns of this population. The percentage of the population at poverty level (below $25,000) is 6.5% and is well below Massachusetts and US poverty levels. The unemployment rate is low overall at 4.0%. White-collar professions account for 88.2% of employment. Service occupations comprise 7.0% of the employment base while blue-collar occupations make up 4.8% of the base.
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Demographic Analysis for Newton, Massachusetts
Newton, Massachusetts | Massachusetts | United States | ||
Demographic Characteristic | Newton | |||
Massachusetts | ||||
Latitude / Longitude: | 42.337041, -71.209221 | |||
Radius | 2 miles | |||
INCOME | ||||
Per capita income | $83,054 | $46,231 | $35,106 | |
Median household income | $161,924 | $85,273 | $64,730 | |
Average household income | $223,686 | $118,826 | $92,435 | |
HOUSEHOLD INCOME BREAKDOWN | ||||
Less than $25,000 | 6.5% | 15.5% | 18.0% | |
$25,000 - $34,999 | 3.7% | 6.1% | 8.4% | |
$35,000 - $49,999 | 4.5% | 8.7% | 11.9% | |
$50,000 - $74,999 | 8.6% | 14.0% | 17.3% | |
$75,000 - $99,999 | 8.8% | 12.0% | 12.8% | |
$100,000 - $149,999 | 14.1% | 18.2% | 15.8% | |
$150,000 - $199,999 | 13.1% | 10.9% | 7.2% | |
$200,000 or more | 40.8% | 14.7% | 8.5% | |
$50,000 - $99,999 | 17.4% | 26.0% | 30.2% | |
Number of Households $50,000 - $99,999 | 4,289 | 700,947 | 38,157,088 | |
$35,000 - $149,999 | 36.0% | 52.9% | 57.9% | |
Number of Households $35,000 - $149,999 | 8,862 | 1,427,055 | 73,193,488 | |
EMPLOYMENT STATUS | ||||
Persons employed in labor force | 35,465 | 3,565,950 | 157,284,361 | |
Unemployed civilians | 4.0% | 6.6% | 6.2% | |
Workers By Occupation: | ||||
Management Occupations | 29.3% | 20.8% | 17.9% | |
Professional Occupations | 46.6% | 30.6% | 24.8% | |
Sales Occupations | 6.6% | 8.3% | 9.3% | |
Admin Occupations | 5.7% | 10.0% | 11.2% | |
Services | 7.0% | 14.5% | 15.1% | |
All Other Occupations/Blue Collar | 4.8% | 15.8% | 21.8% |