Business in Newton

 Work

Labor force in Jasper County - 18,606

Occupation breakdown
Management – 29%
Service – 13%
Sales – 26%
Production – 25%
Farming/construction – 8%

As a commercial and retail hub for communities throughout east central Iowa, Newton draws on a highly skilled and educated workforce, with more than half with some education beyond high school. This trained workforce owns skills in a wide variety of industries.

Newton is also a community serious about economic development. Since 2004, more than $100 million has been invested in urban renewal projects, commercial development, and the new Iowa Speedway – all of which translate to community growth and vitality.

Entrepreneurship has always been a cornerstone of the community. Newton has a long tradition as a home for successful entrepreneurs in manufacturing, advertising specialties, printing, distribution, and warehousing. Emerging industries have led to recent entrepreneurs finding success in artisan foods and wine, technology companies, and engineering and prototyping.

Local employers are supported by a progressive city government that is responsive to business needs through tax abatement and tax increment financing and revolving loan funds. Available building sites also open potential to further economic development, which is supported by organizations such as Newton Development Corporation, ReNew Newton, Chamber of Commerce, and Jasper Community Foundation.