Gender
In Newton, the population consists of 42,243 males (47.65%) and 46,404 females (52.35%). Here are the primary highlights from the gender-based income distribution analysis:
- In Newton, the median income for all workers aged 15 years and older, regardless of work hours, was $100,920 for males and $54,820 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $175,177 for males and $103,839 for females.
- In Newton, the median income for all workers aged 15 years and older, regardless of work hours, was $100,920 for males and $54,820 for females.
- In Newton, among full-time, year-round workers aged 15 years and older, males earned a median income of $175,177, while females earned $103,839, leading to a 41% gender pay gap among full-time workers. This illustrates that women earn 59 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Newton, the population is predominantly White, constituting 74.03% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $175,451.
- In Newton, White is both the largest group and the one with the highest median household income, which stands at $175,451.
- In Newton, the median household income for the households where the householder is White increased by $16,566(10.43%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $158,885 in 2012 and $175,451 in 2022.
- In Newton, the median household income for Black or African American households was $169,415 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
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Year by year
Newton, MA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Newton increased by $32,614 (22.44%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 9 years and declined for 2 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 10,146 (from $163,313 to $173,459). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 3,097 (from $150,329 to $147,232).
- It then further decreased to -666,666,666 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5152, it is evident that income distribution in Newton, MA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $225,854. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $73,848.
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