The small city of Newton, North Carolina (zip code 28658) is a great place to live and work. Rent for a two bedroom apartment is an affordable $870 compared to the national average of $1,430. Grocery prices in this area are also cheaper at 95, versus the US index rate of 100. However, people do not have to sacrifice quality groceries - there are plenty of local companies that provide excellent selections for reasonable prices. These include Mosley's Price Chopper Store, Tyson Foods, Inc., and The Fresh Market. For those seeking fresh local produce, several farmers markets can be found in town such as the Granite Falls Farmers Market and Catawba County Farmers Market.
Newton (zip 28658) has an unemployment rate of 4.5%. The US average is 6.0%.
Newton (zip 28658) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 39.8%, which is higher than the US average of 33.5%.
Tax Rates for Newton (zip 28658)
- The Sales Tax Rate for Newton (zip 28658) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Newton (zip 28658) is 5.5%. The US average is 4.6%.
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Income and Salaries for Newton (zip 28658)
- The average income of a Newton (zip 28658) resident is $29,084 a year. The US average is $37,638 a year.
- The Median household income of a Newton (zip 28658) resident is $59,324 a year. The US average is $69,021 a year.