Newton, IL 62448 has a population of approximately 5,560 and experiences a population change rate of -8.30%. The population density is 27.3 / sq mi .
Newton, IL 62448 has a population of approximately 5,560 and experiences a population change rate of -8.30%. The population density is 27.3 / sq mi .
The median household income for Newton, IL 62448 is $56,596, with 2,234 households and an average household size of 2.35.
The median value of a home in Newton, IL 62448 is $105,200 with an appreciation rate of 9.40%. 71.90% of housing in the state is owned while 18.44% is rented.
The cost of living in Newton, IL 62448 is 81.4 %.
The unemployment rate in Newton, IL 62448 is 2.90%, and recent job growth is at 3.93%. Future job growth is projected at 51.25%.
The sales tax rate in Newton, IL 62448 is 7.75%, while the income tax rate is 4.95% .
School expenditures in Newton, IL 62448 are $14,659, and the school ratio is 14.8:1.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 43.7 inches per year, with 14 inches of snow per year.