Living in Newark Valley, New York
Cost of living, income, home prices, rent and demographics of Newark Valley · Census data 2020–2024
Newark Valley has 1,051 residents with a median age of 38.1. The median household income is $71,369 (17% lower than the New York median), the median home value is $120,200, the median rent is $822/month.
Newark Valley is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newark Valley at a glance
- Population
- 1,051
- Median age
- 38.1State: 39.8
- Median household income
- $71,369State: $85,974
- Median home value
- $120,200State: $423,800
- Median rent
- $822/moState: $1,621
- Homeowners
- 78.7%
- Bachelor's degree or higher
- 22.7%
- Average commute
- 25 min
Is Newark Valley a good place to live?
Pros: Home values 72% lower than the state median; an average commute of 25 minutes; unemployment of 6.3%; a poverty rate of 5.7%.
Cons: Median household income 17% lower than the New York median.
The weather is best in June to September.
Cost of living in Newark Valley
Housing is the biggest part of the cost of living. In Newark Valley the median home value is $120,200, 64% lower than the U.S. median. Renters pay a median of $822 per month, which is 30.2% of household income. Homeowners with a mortgage pay $1,447 a month in housing costs.
Newark Valley median household income
The median household income in Newark Valley is $71,369 and the income per person is $29,000. 5.7% of residents live below the poverty line (New York: 14%).
Housing in Newark Valley: homes for sale and rent
- Housing units
- 431
- Owner-occupied
- 78.7%
- Renter-occupied
- 21.3%
- Vacant
- 13%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.80
Newark Valley demographics
- Population
- 1,051
- Median age
- 38.1
- Under 18
- 32.3%
- 65 and older
- 16.6%
- Households
- 375
- Foreign-born
- 1.8%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Newark Valley ›
Education in Newark Valley
22.7% of adults 25 and older in Newark Valley have a bachelor's degree or higher (New York: 40.2%), and 9.4% have a graduate or professional degree.
Jobs and commute in Newark Valley
- Unemployment rate
- 6.3%State: 6.4%
- Average commute
- 25 minState: 33 min
- Work from home
- 6.1%
- Drive alone
- 76.3%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 95.5%
Newark Valley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newark Valley | 1,051 | $71,369 | $120,200 | $822 |
| Candor | 984 | $47,417 | $119,400 | $871 |
| Owego | 3,912 | $60,139 | $147,300 | $901 |
| Glen Aubrey | 311 | $70,882 | $124,300 | — |
| Crest View Heights | 1,852 | $167,083 | $224,300 | — |
| Endicott | 13,387 | $47,290 | $121,800 | $853 |
| Endwell | 11,546 | $82,726 | $173,300 | $919 |
| Apalachin | 2,553 | $81,337 | $179,900 | $1,078 |
| Tioga Terrace | 2,057 | $131,817 | $233,400 | — |
More for people moving to Newark Valley
Newark Valley ZIP code ›Weather and climate ›Living in Newark Valley: FAQ
What is the median household income in Newark Valley, NY?
The median household income in Newark Valley is $71,369, 17% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Newark Valley?
The median home value in Newark Valley is $120,200, compared with $423,800 in New York.
How much is rent in Newark Valley?
The median gross rent in Newark Valley is $822 per month, about 30.2% of household income.
Is Newark Valley, NY a good place to live?
Pluses: home values 72% lower than the state median; an average commute of 25 minutes; unemployment of 6.3%; a poverty rate of 5.7%. Minuses: median household income 17% lower than the New York median.
What is the median age in Newark Valley?
The median age in Newark Valley is 38.1 years (New York: 39.8).
How long is the commute in Newark Valley?
The average commute to work in Newark Valley is 25 minutes; 6.1% of workers work from home.
What is the unemployment rate in Newark Valley?
The unemployment rate in Newark Valley is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newark Valley?
22.7% of adults in Newark Valley 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.
Last updated: