Living in Newark, California
Cost of living, income, home prices, rent and demographics of Newark · Census data 2020–2024
Newark has 46,903 residents with a median age of 37.9. The median household income is $169,064 (71% higher than the California median), the median home value is $1,142,800, the median rent is $2,776/month.
Newark at a glance
- Population
- 46,903
- Median age
- 37.9State: 37.9
- Median household income
- $169,064State: $99,122
- Median home value
- $1,142,800State: $734,700
- Median rent
- $2,776/moState: $2,036
- Homeowners
- 69.4%
- Bachelor's degree or higher
- 48.1%
- Average commute
- 31 min
Is Newark a good place to live?
Pros: Median household income 71% higher than the California median; unemployment of 4.3%; a poverty rate of 4.3%.
Cons: Home values 56% higher than the state median; an average commute of 31 minutes.
The weather is best in June to September.
Cost of living in Newark
Housing is the biggest part of the cost of living. In Newark the median home value is $1,142,800, 243% higher than the U.S. median. Renters pay a median of $2,776 per month, which is 28% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Newark median household income
The median household income in Newark is $169,064 and the income per person is $73,044. 4.3% of residents live below the poverty line (California: 12%).
Housing in Newark: homes for sale and rent
- Housing units
- 16,015
- Owner-occupied
- 69.4%
- Renter-occupied
- 30.6%
- Vacant
- 4.8%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 3.07
Newark demographics
- Population
- 46,903
- Median age
- 37.9
- Under 18
- 18.3%
- 65 and older
- 13.1%
- Households
- 15,252
- Foreign-born
- 43.5%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Newark ›
Education in Newark
48.1% of adults 25 and older in Newark have a bachelor's degree or higher (California: 37.1%), and 23.9% have a graduate or professional degree.
Jobs and commute in Newark
- Unemployment rate
- 4.3%State: 6.6%
- Average commute
- 31 minState: 29 min
- Work from home
- 23%
- Drive alone
- 59.8%
- Public transit
- 4.2%
- Walk to work
- 0.8%
- Homes with broadband
- 97.1%
Newark vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newark | 46,903 | $169,064 | $1,142,800 | $2,776 |
| Fremont | 228,295 | $181,506 | $1,403,800 | $2,933 |
| East Palo Alto | 29,069 | $113,493 | $1,102,600 | $2,244 |
| Menlo Park | 32,727 | $210,025 | $2,000,001 | $3,239 |
| Union City | 67,464 | $133,715 | $1,104,900 | $2,713 |
| Mountain View | 83,732 | $189,917 | $1,927,000 | $3,062 |
| Sunnyvale | 154,236 | $186,170 | $1,801,800 | $3,039 |
| Stanford | 18,662 | $75,208 | $2,000,001 | $1,976 |
| Milpitas | 78,578 | $178,798 | $1,251,700 | $3,120 |
More for people moving to Newark
Newark ZIP code ›Weather and climate ›Living in Newark: FAQ
What is the median household income in Newark, CA?
The median household income in Newark is $169,064, 71% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Newark?
The median home value in Newark is $1,142,800, compared with $734,700 in California.
How much is rent in Newark?
The median gross rent in Newark is $2,776 per month, about 28% of household income.
Is Newark, CA a good place to live?
Pluses: median household income 71% higher than the California median; unemployment of 4.3%; a poverty rate of 4.3%. Minuses: home values 56% higher than the state median; an average commute of 31 minutes.
What is the median age in Newark?
The median age in Newark is 37.9 years (California: 37.9).
How long is the commute in Newark?
The average commute to work in Newark is 31 minutes; 23% of workers work from home.
What is the unemployment rate in Newark?
The unemployment rate in Newark is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newark?
48.1% of adults in Newark have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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