Living in Newark, Texas
Cost of living, income, home prices, rent and demographics of Newark · Census data 2020–2024
Newark has 1,177 residents with a median age of 27.7. The median household income is $77,344 (about the same as the Texas median), the median home value is $137,500, the median rent is $1,143/month.
Newark is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newark at a glance
- Population
- 1,177
- Median age
- 27.7State: 35.6
- Median household income
- $77,344State: $78,476
- Median home value
- $137,500State: $283,800
- Median rent
- $1,143/moState: $1,403
- Homeowners
- 76.9%
- Bachelor's degree or higher
- 16.1%
- Average commute
- 33 min
Is Newark a good place to live?
Pros: Home values 52% lower than the state median; unemployment of 4.8%.
Cons: Median household income about the same as the Texas median; an average commute of 33 minutes; a poverty rate of 19.5%.
The weather is best in March–April and October–November.
Cost of living in Newark
Housing is the biggest part of the cost of living. In Newark the median home value is $137,500, 59% lower than the U.S. median. Renters pay a median of $1,143 per month, which is 29.4% of household income. Homeowners with a mortgage pay $2,767 a month in housing costs.
Newark median household income
The median household income in Newark is $77,344 and the income per person is $36,741. 19.5% of residents live below the poverty line (Texas: 13.8%).
Housing in Newark: homes for sale and rent
- Housing units
- 440
- Owner-occupied
- 76.9%
- Renter-occupied
- 23.1%
- Vacant
- 20.5%Includes seasonal homes
- Median year built
- 1995
- Average household size
- 3.36
Newark demographics
- Population
- 1,177
- Median age
- 27.7
- Under 18
- 30.9%
- 65 and older
- 10.1%
- Households
- 350
- Foreign-born
- 8.5%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Newark ›
Education in Newark
16.1% of adults 25 and older in Newark have a bachelor's degree or higher (Texas: 33.8%), and 4.5% have a graduate or professional degree.
Jobs and commute in Newark
- Unemployment rate
- 4.8%State: 5.3%
- Average commute
- 33 minState: 27 min
- Work from home
- 12.3%
- Drive alone
- 70.2%
- Public transit
- 0%
- Walk to work
- 3.8%
- Homes with broadband
- 97.4%
Newark vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newark | 1,177 | $77,344 | $137,500 | $1,143 |
| Aurora | 1,760 | $105,962 | $341,800 | $1,185 |
| Pecan Acres | 4,161 | $114,141 | $493,500 | $1,295 |
| Rhome | 1,699 | $101,167 | $260,100 | $981 |
| Briar | 7,228 | $104,238 | $405,900 | $1,234 |
| Reno | 3,272 | $96,118 | $362,400 | $1,263 |
| Pelican Bay | 2,399 | $70,789 | $181,800 | $1,403 |
| Boyd | 1,351 | $68,958 | $264,900 | $898 |
| New Fairview | 1,570 | $91,806 | $233,000 | $1,469 |
More for people moving to Newark
Newark ZIP code ›Weather and climate ›Living in Newark: FAQ
What is the median household income in Newark, TX?
The median household income in Newark is $77,344, about the same as the Texas median of $78,476 (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 $137,500, compared with $283,800 in Texas.
How much is rent in Newark?
The median gross rent in Newark is $1,143 per month, about 29.4% of household income.
Is Newark, TX a good place to live?
Pluses: home values 52% lower than the state median; unemployment of 4.8%. Minuses: median household income about the same as the Texas median; an average commute of 33 minutes; a poverty rate of 19.5%.
What is the median age in Newark?
The median age in Newark is 27.7 years (Texas: 35.6).
How long is the commute in Newark?
The average commute to work in Newark is 33 minutes; 12.3% of workers work from home.
What is the unemployment rate in Newark?
The unemployment rate in Newark is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newark?
16.1% 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.
Last updated: