Newtown is a very small borough located in the state of Pennsylvania. With a population of 2,262 people and eight associated neighborhoods, Newtown is the 604th largest community in Pennsylvania. Newtown has an unusually large stock of pre-World War II architecture, making it one of the older and more historic boroughs.
Newtown home prices are not only among the most expensive in Pennsylvania, but Newtown real estate also consistently ranks among the most expensive in America.
Of important note, Newtown is also a borough of artists. Newtown has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Newtown’s character.
Also of interest is that Newtown has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 22.07% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Newtown is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Newtown. 72.07% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Newtown in 2022 was $89,189, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $356,756 for a family of four.
The people who call Newtown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Newtown residents report their race to be White, followed by Black or African-American. Important ancestries of people in Newtown include Irish, German, Italian, English, and Polish.
The most common language spoken in Newtown is English. Other important languages spoken here include Italian and Armenian.