Last updated: 2024 BLS data · Page refreshed:
Newark has a population of 1,138 with a median age of 43.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,138 |
| Median Age | 43.0 |
| White | 85.6% |
| Black or African American | 0.5% |
| Asian | 0.6% |
| Hispanic or Latino | 13.6% |
The median household income in Newark is $99,375, which is 23.3% above the national median of $80,610. The per capita income is $46,869. The poverty rate is 4.4%.
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In Newark, 97.1% of residents age 25+ have a high school diploma or higher, and 22.6% hold a bachelor's degree or higher (3.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.1% |
| Bachelor's Degree or Higher | 22.6% |
| Graduate or Professional Degree | 3.9% |
The median home value in Newark is $241,100, below the national median of $303,400. The median monthly rent is $1,006. The homeownership rate is 83.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $241,100 |
| Median Monthly Rent | $1,006 |
| Homeownership Rate | 83.0% |
| Vacancy Rate | 5.6% |
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