![]() | Income |
Median household income is $206,232 and per capita income is $102,253 in Newton. Median income is well above the U.S. median income. Average household income is $281,320 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, 62.1% 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 6.2% and is well below Massachusetts and US poverty levels. The unemployment rate is low overall at 3.6%. White-collar professions account for 87.6% of employment. Service occupations comprise 7.6% of the employment base while blue-collar occupations make up 4.8% of the base.
|  | Table #2 Significant Demographic Characteristics - Page 3 |
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Demographic Analysis for Newton, Massachusetts
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| INCOME | | | |
| Per capita income | $102,253 | $56,881 | $43,829 |
| Median household income | $206,232 | $99,644 | $79,068 |
| Average household income | $281,320 | $144,015 | $113,185 |
| HOUSEHOLD INCOME BREAKDOWN | | | |
| Less than $25,000 | 6.2% | 13.5% | 14.9% |
| $25,000 - $34,999 | 2.0% | 5.3% | 6.7% |
| $35,000 - $49,999 | 2.8% | 8.0% | 10.1% |
| $50,000 - $74,999 | 7.4% | 12.2% | 15.7% |
| $75,000 - $99,999 | 6.2% | 11.0% | 12.8% |
| $100,000 - $149,999 | 13.2% | 17.7% | 17.6% |
| $150,000 - $199,999 | 10.2% | 11.6% | 9.5% |
| $200,000 or more | 52.0% | 20.6% | 12.6% |
| $50,000 - $99,999 | 13.6% | 23.2% | 28.5% |
| Number of Households $50,000 - $99,999 | 3,378 | 648,007 | 37,304,757 |
| $35,000 - $149,999 | 29.6% | 48.9% | 56.2% |
| Number of Households $35,000 - $149,999 | 7,358 | 1,363,961 | 73,487,840 |
| EMPLOYMENT STATUS | | | |
| Persons employed in labor force | 37,706 | 3,779,094 | 166,125,745 |
| Unemployed civilians | 3.6% | 4.1% | 4.2% |
| Workers By Occupation: | | | |
| Management Occupations | 27.3% | 20.8% | 18.4% |
| Professional Occupations | 49.4% | 31.8% | 25.6% |
| Sales Occupations | 5.4% | 7.5% | 8.5% |
| Admin Occupations | 5.5% | 8.5% | 10.1% |
| Services | 7.6% | 15.5% | 16.4% |
| All Other Occupations/Blue Collar | 4.8% | 16.0% | 21.0% |
