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.
A relatively large number of people in Newtown telecommute to their jobs. Overall, about 22.07% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
If knowledge is power, Newtown is a pretty powerful place. 72.07% of the adults in Newtown have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
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.