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The original item was published from 10/7/2015 2:29:00 PM to 11/14/2015 12:00:00 AM.

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City of Newton - Administration

Posted on: September 28, 2015

[ARCHIVED] Newton named a top community by Realtor.com

Newton received national attention this week for the community’s low unemployment rate, job opportunities, and affordability by being named one of Realtor.com’s “Top 10 Affordable Small Towns Where You’d Actually Want to Live.”

To find the ranking cities, the housing website ranked 500 U.S. Census-designated micropolitan areas (with a population between 10,000 and 50,000) and measured them using criteria based on unemployment rate, job opportunities, and median price list. They also looked for communities with fun and interesting amenities.

Newton was recognized for its world-class entertainment opportunities including Iowa Speedway, Bowlful of Blues, and the Iowa Sculpture Festival as well as the city’s economic vitality in green manufacturing. The median list price for a home in Newton is just $108,000 and the unemployment rate in Newton is 3.4%.

Newton is joined by two additional Iowa communities on this list--Oskaloosa, IA and Spencer, IA.

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