15089, West Newton, PA

West Newton is a suburb of Philadelphia located in the 15089 zip code. According to the 2010 census, the population of West Newton was 10,827. The median household income in West Newton was $101,906, which is higher than the national median household income of $57,617. The percentage of households earning over $200,000 was also higher than the national percentage of households earning over $200,000 at 23%.

The average home value in West Newton was $269,500 as of September 30th, 2016. This is higher than the national average home value of $217,500 and indicates that homes in this zip code are more expensive than average. In addition, the percentage of homes with a mortgage was lower than the national percentage at 63%. This suggests that homes in this zip code are less likely to be burdened by debt compared to other areas across the country.

One factor that may contribute to higher home values in West Newton is its proximity to Philadelphia. Philadelphia has been ranked as one of America’s most desirable cities for residents and businesses for several years running and continues to be a major economic hub for eastern Pennsylvania. Additionally, West Newton is located within close proximity to many affluent suburbs such as Bryn Mawr and Ardmore which may also contribute to high home values in this area.