Living in Newark, Delaware

Cost of living, income, home prices, rent and demographics of Newark · Census data 2020–2024

Newark has 30,330 residents with a median age of 22.1. The median household income is $76,912 (9% lower than the Delaware median), the median home value is $382,500, the median rent is $1,654/month.

Newark at a glance

Population
30,330
Median age
22.1State: 41.6
Median household income
$76,912State: $84,954
Median home value
$382,500State: $352,000
Median rent
$1,654/moState: $1,401
Homeowners
50.7%
Bachelor's degree or higher
58.2%
Average commute
19 min

Is Newark a good place to live?

Pros: An average commute of 19 minutes.

Cons: Median household income 9% lower than the Delaware median; home values 9% higher than the state median; unemployment of 6.7%; a poverty rate of 27.7%.

The weather is best in May–June and September–October.

Cost of living in Newark

Housing is the biggest part of the cost of living. In Newark the median home value is $382,500, 15% higher than the U.S. median. Renters pay a median of $1,654 per month, which is 51% of household income. Homeowners with a mortgage pay $1,935 a month in housing costs.

Median home value

Newark$382,500
Delaware$352,000
United States$332,700

Median monthly rent

Newark$1,654
Delaware$1,401
United States$1,413

Newark median household income

The median household income in Newark is $76,912 and the income per person is $35,264. 27.7% of residents live below the poverty line (Delaware: 10.4%).

Median household income

Newark$76,912
Delaware$84,954
United States$80,734

Housing in Newark: homes for sale and rent

Housing units
9,921
Owner-occupied
50.7%
Renter-occupied
49.3%
Vacant
13.4%Includes seasonal homes
Median year built
1978
Average household size
2.58

Newark demographics

Population
30,330
Median age
22.1
Under 18
11.4%
65 and older
11.2%
Households
8,594
Foreign-born
12.9%
Veterans
3.4%Adults 18+

Race and ethnicity

White68.3%
Hispanic or Latino10.3%
Black10%
Asian8.9%

Hispanic or Latino can be of any race. Population history of Newark ›

Education in Newark

58.2% of adults 25 and older in Newark have a bachelor's degree or higher (Delaware: 35.8%), and 27.8% have a graduate or professional degree.

Bachelor's degree or higher

Newark58.2%
Delaware35.8%
United States35.7%

Jobs and commute in Newark

Unemployment rate
6.7%State: 5.1%
Average commute
19 minState: 26 min
Work from home
18.8%
Drive alone
56.2%
Public transit
2%
Walk to work
14.3%
Homes with broadband
91.9%

Newark vs nearby towns

TownPopulationMedian incomeHome valueRent
Newark30,330$76,912$382,500$1,654
Brookside15,115$78,328$279,700$1,444
Pike Creek Valley12,431$102,434$340,300$1,751
Glasgow15,546$113,982$373,900$2,039
North Star7,834$150,733$583,700—
London Britain3,201$194,531$554,600$1,578
Bear22,370$91,687$304,800$1,771
Pike Creek7,129$139,635$422,500$2,262
Elkton15,910$58,640$293,400$1,382

More for people moving to Newark

Newark ZIP code ›Weather and climate ›

Living in Newark: FAQ

What is the median household income in Newark, DE?

The median household income in Newark is $76,912, 9% lower than the Delaware median of $84,954 (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 $382,500, compared with $352,000 in Delaware.

How much is rent in Newark?

The median gross rent in Newark is $1,654 per month, about 51% of household income.

Is Newark, DE a good place to live?

Pluses: an average commute of 19 minutes. Minuses: median household income 9% lower than the Delaware median; home values 9% higher than the state median; unemployment of 6.7%; a poverty rate of 27.7%.

What is the median age in Newark?

The median age in Newark is 22.1 years (Delaware: 41.6).

How long is the commute in Newark?

The average commute to work in Newark is 19 minutes; 18.8% of workers work from home.

What is the unemployment rate in Newark?

The unemployment rate in Newark is 6.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Newark?

58.2% 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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