Newton city, MA

ZIP 02464 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Newton city, MA (02464)

Median Income

$125,846

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+176

Wealth inflow

Population

3,730

Unemployment

3.4%

0.3pp below US avg

IRS migration statistics show a net inflow of about 176 for ZIP 02464 (Newton city, MA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

3.4%-9% vs US avg

Self-Employed

2.0%-67% vs US avg

SNAP Benefits

3.0%-74% vs US avg

214

Establishments

3,819

Employees

~18 per establishment — small businesses dominate

Professional services

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining3.0%
Construction2.7%
Manufacturing7.3%
Wholesale trade1.5%
Retail trade5.5%
Information2.7%
Finance, insurance, real estate5.8%
Professional, scientific, management20.5%
Education, health care, social34.2%
Arts, entertainment, food services8.2%
Other services7.3%
Public administration1.3%

Household Income

Historical Trends in 02464 (2020–Present)

Since 2020, population grew 0.6%, median income fell 13.2% (inflation-adjusted), home values increased 8.9%.

Median Income

$125,846

+67% vs US avg

Unemployment Rate