Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Newton, North Carolina is a medium-sized city with a population of 13,106 residents. According to the most recent Census, 73% of Newton residents are White, 11% Black and 2% Asian.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Newton, North Carolina could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Newton, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, health & safety, housing and more.
Newton has a livability score of 70 out of 100 and is ranked #87 in North Carolina and #5,886 in the USA. For each of the livability categories, we can establish that Newton ranks very well for cost of living (A+) and housing (B+). There is at least one category that you should be aware of in Newton. The following was graded with a disappointing score: amenities (F), crime (D-) and education (D).
The unemployment rate in Newton has consistently declined over the years and currently stands well below the national average at 2.64%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Newton market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Newton meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Newton. Everything else becomes a lot less important if it turns out that home prices in Newton are simply unattainable. Median real estate prices in Newton come in at $120,000, which is 23.6% lower than the North Carolina average. The home price to income ratio compares the median home prices to the median household income. In Newton, the home price to income ratio is 2.4, which is 27.3% lower than the North Carolina average.
| Statistic | Newton | North Carolina | National |
| Average one way commute | 22min | 24min | 26min |
| Workers who drive to work | 80.9% | 81.1% | 76.4% |
| Workers who carpool | 6.4% | 9.8% | 9.3% |
| Workers who take public transit | 3.3% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.1% | 1.8% | 2.8% |
| Working from home | 4.7% | 4.8% | 4.6% |
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