Some Newton Housing Facts
Updated 9/20/20
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The median sales price for a single-family home has more than doubled since 2003, from $638,000 to $1,300,000.
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From 2000 to 2013, we lost 4,700 households with annual incomes of less than $125,000, and gained 4,200 households earning more than $200,000.
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Only 27% of our school employees live in Newton.
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Over 30% of households—including over 75% of low-income residents—are cost-burdened, spending more than 30% of their income on housing.
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Only half of the 449 households with portable housing vouchers administered by the Newton Housing Authority were able to find a home here.
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Over 75% of our homes are either single-family (55%) or two- and three-family (21.3%) houses.
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We have 2,425 deed-restricted homes for low- to moderate-income households (earning up to 80% of AMI)—but almost 3.5 times that many (8,105) eligible households (see Newton income limits and max affordable rents).
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We are less racially diverse than Massachusetts as a whole: Only 3.1% of our population is black or African-American (vs. state's 6.7%), and only 5.5% is Hispanic or Latino (vs. state's 11.2%).
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We are only permitting 20.6% of the housing we should, relative to our proportional need. This is in contrast to Boston (109.8%), Cambridge (78.1%), Somerville (46.8%), and Watertown (131.5%).
Most of these numbers come from the
Newton Leads 2040 Housing Strategy.
The source for the last two bullets is the