Newtown, CT
Population 1,968 · Connecticut
About Newtown, CT
Newtown is a small town located in Connecticut with a population of 1,968 residents according to the latest US Census Bureau American Community Survey data. The median household income is $161,000 per year, which is 114% above the national median of $75,149. The median age of 43.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Newtown features a median home value of $465,400, which is 90% above the national median of $244,900. This places Newtown in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,150, 85% above the national average of $1,163/month. Of the 784 total housing units, 88% are owner-occupied (617 units) and 12% are renter-occupied (81 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Newtown shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Newtown have an average one-way commute time of 29.9 minutes.
Education & Demographics
62.9% of Newtown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.9% White, 0.0% Hispanic or Latino, 2.0% Black or African American, and 4.4% Asian residents, with 7.1% of the population being foreign-born.
How Newtown Ranks in Connecticut
Cost of Living in Newtown, CT
Compared to national averages, Newtown has a median household income of $161,000 (114% above the national median of $75,149). Home values average $465,400, which is 90% above the national median. Monthly rent at $2,150 is 85% above the US average of $1,163. Within Connecticut, Newtown's income is 31% above the state average of $123,065, and home values are 10% below the state median of $516,920.
Why Live in Newtown, CT?
Newtown offers a strong local economy with a median household income of $161,000, well above the national average, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 62.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $465,400. However, Newtown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Newtown has a population of 1,968 with a median age of 43.7 years. Compare Newtown with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Newtown
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Crystal Lake | 1,963 | $142,642 | $345,300 | Compare |
| Mill Plain | 1,980 | $190,250 | $806,600 | Compare |
| Ridgebury | 1,949 | $207,721 | $821,100 | Compare |
| Blue Hills | 1,989 | $62,672 | $199,800 | Compare |
| Suffield Depot | 1,947 | $0 | $377,500 | Compare |
| East Brooklyn | 2,008 | $62,125 | $268,000 | Compare |
| Plantsville | 2,045 | $107,431 | $289,500 | Compare |
| Chester Center | 1,876 | $73,542 | $397,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Newtown With Other Cities
Frequently Asked Questions about Newtown
What is the population of Newtown, CT?
The population of Newtown, CT is 1,968 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Connecticut.
What is the median household income in Newtown?
The median household income in Newtown, CT is $161,000 per year, which is 114% above the national median of $75,149.
What is the median home value in Newtown?
The median home value in Newtown, CT is $465,400, which is 90% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Newtown?
The median monthly rent in Newtown, CT is $2,150, which is 85% above the national average of $1,163/month.
What is the unemployment rate in Newtown?
The unemployment rate in Newtown, CT is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Newtown, CT a good place to live?
Newtown offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,968 and a median age of 43.7, the city appeals to a broad range of residents.
How educated is Newtown, CT?
62.9% of residents in Newtown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Newtown?
Key cost-of-living indicators for Newtown, CT: median home value is $465,400 (90% above national), median rent is $2,150/month, and median household income is $161,000. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Newtown?
The poverty rate in Newtown, CT is 2.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Newtown, CT?
Newtown's population is 1.9% White, 0.0% Hispanic or Latino, 2.0% Black or African American, 4.4% Asian, and 1.4% two or more races. 7.1% of residents are foreign-born.