According to statistics, the population in Newton, NC amounts to 12,991, which shows decline 0% compared to the previous year. The median age of the city’s residents is 41. The average household income is $39,035, shifting growth 16% from the past year, and the average property value in Newton, NC decline -4% to $109,600 throughout the year.
|Number Of Employees||5,411|
|Median Property Value||$109,600|
The average household income in Newton, NC grew from $33,756 to $39,035 in the past year. This data is an estimate based upon 4,759 households in Newton, NC . The chart below presents how household income is distributed in Newton, NC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Newton, NC shifted from $113,700 to $109,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Newton, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Newton, NC properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newton, NC compared to median property taxes around the country. The prevalent amount of property taxes in Newton, NC equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$165,000||N/A|
|2 bed for sale||$234,625||+37.3%|
|3 bed for sale||$278,539||-6.3%|
|4+ bed for sale||$260,006||-32.7%|
During Jul 2022, the average price for an apartment in/near Newton, NC decreased by 7.3% to $264,380.
Asking price for 2-bed apartment also increased by 37.3% and a place of this size will now cost you $234,625. A 3-bed apartment goes for $278,539, it decreased by 6.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 32.7% and made it down to $260,006.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$165,000||N/A|
|Houses for sale||$303,492||-4%|
|Duplexes for sale||$349,000||N/A|
|Land for sale||$50,044||-25%|
|Other for sale||$274,943||+54.5%|
|Condos for sale||$145,000||N/A|
While assessing the property pricing Newton, NC, you can note that it remains flat with a price tag of $165,000. Price reports demonstrate that house price decreased by 4% this month making it up to $303,492. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $145,000. An average value of duplex is $349,000, thus a median price for a duplex remains the same this month.