Living in Newark, Vermont
Cost of living, income, home prices, rent and demographics of Newark · Census data 2020–2024
Newark has 727 residents with a median age of 41.4. The median household income is $72,929 (10% lower than the Vermont median), the median home value is $229,900, the median rent is $1,708/month.
Newark is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newark at a glance
- Population
- 727
- Median age
- 41.4State: 43.1
- Median household income
- $72,929State: $81,203
- Median home value
- $229,900State: $316,600
- Median rent
- $1,708/moState: $1,234
- Homeowners
- 90.8%
- Bachelor's degree or higher
- 41%
- Average commute
- 34 min
Is Newark a good place to live?
Pros: Home values 27% lower than the state median; unemployment of 3.4%.
Cons: Median household income 10% lower than the Vermont median; an average commute of 34 minutes; a poverty rate of 22.4%.
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 $229,900, 31% lower than the U.S. median. Renters pay a median of $1,708 per month, which is 23.2% of household income. Homeowners with a mortgage pay $1,599 a month in housing costs.
Newark median household income
The median household income in Newark is $72,929 and the income per person is $35,505. 22.4% of residents live below the poverty line (Vermont: 10.1%).
Housing in Newark: homes for sale and rent
- Housing units
- 573
- Owner-occupied
- 90.8%
- Renter-occupied
- 9.2%
- Vacant
- 49%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.45
49% of homes are vacant most of the year, a sign that Newark has many vacation and second homes.
Newark demographics
- Population
- 727
- Median age
- 41.4
- Under 18
- 22%
- 65 and older
- 19.9%
- Households
- 292
- Foreign-born
- 0.4%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Newark ›
Education in Newark
41% of adults 25 and older in Newark have a bachelor's degree or higher (Vermont: 43.8%), and 12.4% have a graduate or professional degree.
Jobs and commute in Newark
- Unemployment rate
- 3.4%State: 3.6%
- Average commute
- 34 minState: 24 min
- Work from home
- 13.8%
- Drive alone
- 84.7%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 91.4%
Newark vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newark | 727 | $72,929 | $229,900 | $1,708 |
| Westmore | 465 | $87,188 | $330,000 | $1,050 |
| Brighton | 1,167 | $47,375 | $163,900 | $775 |
| Island Pond | 852 | $46,214 | $145,800 | $775 |
| West Burke | 161 | $27,321 | $275,000 | $525 |
| Sutton | 790 | $71,250 | $231,100 | — |
| East Haven | 225 | $38,438 | $146,900 | — |
| Burke | 1,317 | $87,143 | $340,600 | $938 |
| East Burke | 151 | $67,500 | $319,600 | — |
More for people moving to Newark
Newark ZIP code ›Weather and climate ›Living in Newark: FAQ
What is the median household income in Newark, VT?
The median household income in Newark is $72,929, 10% lower than the Vermont median of $81,203 (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 $229,900, compared with $316,600 in Vermont.
How much is rent in Newark?
The median gross rent in Newark is $1,708 per month, about 23.2% of household income.
Is Newark, VT a good place to live?
Pluses: home values 27% lower than the state median; unemployment of 3.4%. Minuses: median household income 10% lower than the Vermont median; an average commute of 34 minutes; a poverty rate of 22.4%.
What is the median age in Newark?
The median age in Newark is 41.4 years (Vermont: 43.1).
How long is the commute in Newark?
The average commute to work in Newark is 34 minutes; 13.8% of workers work from home.
What is the unemployment rate in Newark?
The unemployment rate in Newark is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newark?
41% 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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