Newton, NJ Profile: Facts & Data

The primary coordinate point for Newton is located at latitude 41.0582 and longitude -74.7527 in Sussex County. The formal boundaries for the Town of Newton encompass a land area of 3.36 sq. miles and a water area of 0.02 sq. miles. Sussex County is in the Eastern time zone (GMT -5). The elevation is 640 feet.

The Town of Newton has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Newton: Chinkchewunska, New Town, Newtown, Sussex, Sussex Court House.

Newton, NJ Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	8,293 (100%)
Population in Households	7,907 (95.3%)
Population in Families	6,021 (72.6%)
Population in Group Quarters¹	386 ( 4.7%)
Population Density	2,468
Diversity Index²	60


INCOME
Median Household Income	$76,121
Average Household Income	$98,882
% of Income for Mortgage⁴	17%
Per Capita Income	$40,384
Wealth Index⁵	85

HOUSING
Total HU (Housing Units)	3,694 (100%)
Owner Occupied HU	1,866 (50.5%)
Renter Occupied HU	1,511 (40.9%)
Vacant Housing Units	317 ( 8.6%)
Median Home Value	$243,256
Average Home Value	$272,267
Housing Affordability Index³	101

HOUSEHOLDS
Total Households	3,377
Average Household Size	2.34
Family Households	1,933
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Newton, NJ - Peer Comparisons by Rank and Percentile

The table below compares Newton to the other 701 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	-0.43%	-0.05%
Households	-0.30%	0.09%
Families		0.10%
Median Household Income		1.32%
Per Capita Income		2.91%
Owner Occupied HU		0.72%

Variable Description	Rank	Percentile
Total Population	# 200	72nd
Population Density	# 313	55th
Median Household Income	# 543	23rd
Housing Affordability Index	# 288	41st
Per Capita Income	# 532	24th
Diversity Index	# 256	64th

Newton, NJ Profile: Facts & Data

Newton, New Jersey - Basic Facts

Newton, NJ Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Newton, NJ - Peer Comparisons by Rank and Percentile

Newton, NJ - Most Popular Things to Do

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