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Newark, NJ Area and Community Summary Information


Community Summary

Newark New Jersey
Community Characteristics
Population 279,861 8,831,614
Population Density 11,760 1,136
Educational Climate Index 3
Median Age 30.69 37.31
Median Dwelling Age 47 38
In Current Residence 5+ years 21 % 38 %
Median Home Sale Price $324,400
Average household Income $41,278 $86,040
Median Value of Home Equity $114,500 $215,928
Median Mortgage Debt $226,154 $468,869
Total Household Expenditure 74 121
Total Crime Risk 303 75
Weather Risk 101 99
Air Pollution Index 102 103
Median Travel Time to Work 27.57 23.46
     

Population Characteristics

Newark New Jersey
Population 279,861 8,831,614
Population Density 11,760 1,136
     
Male Population 136,738 4,311,153
Female Population 143,123 4,520,461
     
Population Change Since 1990 2 % 14 %
Population Change Since 2000 2 % 5 %
     

Age

Newark New Jersey
Median Age 30.69 37.31
     
Population: Age 0-4 22,545 581,557
Population: Age 5-9 21,973 583,684
Population: Age 10-14 21,671 609,409
Population: Age 15-19 22,989 613,247
Population: Age 20-24 23,727 560,477
Population: Age 25-29 20,676 510,175
Population: Age 30-34 18,812 541,963
Population: Age 35-39 19,262 626,924
Population: Age 40-44 19,702 704,792
Population: Age 45-49 18,546 712,181
Population: Age 50-54 16,342 635,494
Population: Age 55-59 14,757 545,258
Population: Age 60-64 12,429 437,373
Population: Age 65-69 8,766 320,848
Population: Age 70-74 6,071 254,073
Population: Age 75-79 4,515 221,637
Population: Age 80-84 3,524 184,183
Population: Age 85+ 3,554 188,339
     

Race Distribution

Newark New Jersey
Race: White 69,358 6,081,636
Race: American Indian, Eskimo, Aleut 1,054 21,897
Race: Asian or Pacific Islander 4,477 696,313
Race: Other 48,970 557,950
Race: Hawaiian / Pacific Islander 164 3,858
Race: Black 140,089 1,162,080
     

Hispanic Distribution

Newark New Jersey
Population: Hispanic 95,813 1,407,295
Population: Not Hispanic 184,048 7,424,319
     

Education

Newark New Jersey
Education: Less than 9th Grade 23,273 289,584
Education: Some High School 25,914 439,766
Education: High School Graduate 60,001 1,731,752
Education: Some College 24,076 933,688
Education: Associate Degree 8,009 381,166
Education: Bachelors Degree 16,232 1,340,718
Education: Graduate Degree 9,451 766,566
     

Marital Status

Newark New Jersey
Never Married 94,378 1,968,191
Now Married 62,664 3,653,265
Separated 25,195 391,293
Widowed 15,753 514,216
Divorced 15,807 529,269
     

Households

Newark New Jersey
Households 93,901 3,171,408
Average Household Size
     
Households: Family 61,335 2,178,614
Households: Non-Family 32,566 992,794
     
Households: With Children 34,445 1,148,009
Households: No Children 59,456 2,023,399
     

Housing Characteristics

Newark New Jersey
Median Dwelling Age 47 38
Median Home Sale Price $324,400
Average household Income $41,278 $86,040
Median Value of Home Equity $114,500 $215,928
Median Mortgage Debt $226,154 $468,869
     

Home Ownership

Newark New Jersey
Vacant Dwellings 11453 324221
Owner-Occupied Dwellings 24587 2153048
Renter-Occupied Dwellings 69314 1018360
     

Turnover

Newark New Jersey
In Current Residence 5+ years 21 % 38 %
Annual Residential Turnover 22 % 14 %
     
Median Years in Residence 2.32 3.69
     

Income Characteristics

Newark New Jersey
Median household income $32,355 $67,430
Average household Income $41,278 $86,040
Per capita income $15,133 $31,741
Median Disposable Income $28,777 $55,581
     

Income Growth

Newark New Jersey
Change in Avg. Household Income Since 1990 48 % 65 %
Change in Avg. Household Income Since 2000 19 % 21 %
     

Household Income

Newark New Jersey
Household Income: $0-$10,000 20,105 193,715
Household Income: $10,000-$15,000 6,627 103,152
Household Income: $15,000-$20,000 6,348 123,324
Household Income: $20,000-$25,000 6,103 129,213
Household Income: $25,000-$30,000 5,288 130,522
Household Income: $30,000-$35,000 5,263 124,949
Household Income: $35,000-$40,000 4,429 119,359
Household Income: $40,000-$45,000 4,325 131,613
Household Income: $45,000-$50,000 3,601 121,418
Household Income: $50,000-$60,000 7,025 255,092
Household Income: $60,000-$75,000 7,276 314,193
Household Income: $75,000-$100,000 8,547 449,500
Household Income: $100,000-$125,000 4,150 316,832
Household Income: $125,000-$150,000 1,942 205,267
Household Income: $150,000-$200,000 1,399 205,615
Household Income: $200,000-$250,000 307 77,239
Household Income: $250,000-$500,000 293 97,394
Household Income: $500,000+ 873 73,011
     

Median Income

Newark New Jersey
Median Income: Age < 25 $26,875 $42,020
Median Income: Age 25-34 $31,777 $62,123
Median Income: Age 35-44 $33,910 $73,449
Median Income: Age 45-54 $40,351 $82,195
Median Income: Age 55-64 $33,414 $75,251
Median Income: Age 65-74 $26,214 $54,152
Median Income: Age 75+ $19,703 $41,057
     

Cost of Living Index

Newark New Jersey
Total Household Expenditure 74 121
Contributions 66 131
Personal Insurance 69 129
Apparel 75 122
Education 74 132
Entertainment 73 122
Food And Beverages 77 119
Health Care 78 116
Household Furnishings And Equipment 71 125
Shelter 74 122
Household Operations 69 128
Miscellaneous Expenses 77 118
Personal Care 76 120
Reading 74 122
Tobacco 84 110
Transportation 74 119
Utilities 80 116
Gifts 69 129
     
Sales Tax Rate 7 %
     

Financial Characteristics

Newark New Jersey
Median Household Net Worth $73,609 $197,269
Average Household Net Worth $295,237 $645,594
Median Value of Home Equity $114,500 $215,928
Median Mortgage Debt $226,154 $468,869
     

Net Worth

Newark New Jersey
Net Worth: $0 or Less 13,649 326,321
Net Worth: $1-$5,000 15,149 367,566
Net Worth: $5,000-$10,000 6,831 200,412
Net Worth: $10,000-$25,000 11,220 370,210
Net Worth: $25,000-$50,000 11,587 417,831
Net Worth: $50,000-$100,000 14,089 530,540
Net Worth: $100,000-$250,000 15,761 650,708
Net Worth: $250,000-$500,000 5,874 268,774
Net Worth: Greater Than $500,000 3,059 156,229
     

Investments and Debt

Newark New Jersey
Median Value of Transaction Accounts $17,079 $33,791
Median Value of Certificates of Deposit $4,953 $8,151
Median Value of Savings Bonds $786 $1,282
Median Value of Bonds (Not US Savings) $5,941 $16,713
Median Value of Stocks $20,455 $52,134
Median Value of Mutual Funds $17,688 $41,384
Median Value of Retirement Accounts $39,939 $88,868
Median Value of Cash Value Life Ins $3,894 $7,745
Median Value of Other Managed Accounts $9,656 $21,083
Median Value of Other Financial Assets $2,813 $6,061
Median Value of Any Financial Assets $123,203 $277,211
Median Value of Vehicles Owned $13,211 $20,543
Median Value of Investment Property Equity $23,265 $51,094
Median Value of Business Equity $16,036 $35,545
Median Value of Other Non-Financial Assets $55,937 $138,540
Median Value of Any Non-Financial Assets $3,205 $7,220
Median Installment Loan Debt $39,240 $75,190
Median Lines of Credit Debt $4,415 $10,408
Median Credit Card Debt $413 $893
Median Investment Real Estate Debt $7,204 $9,611
Median Other Debt $8,845 $19,775
Median Total Debts $94,356 $233,464
     

Occupation

Newark New Jersey
     
Occupations: White Collar 125,524 3,366,292
Occupations: Blue Collar 29,460 802,169
     
Business Counts: Professional Specialty Occupations 28,477 716,164
Business Counts: Sales Professionals 4,897 111,188
Business Counts: Technologies and Technicians 6,388 159,088
Business Counts: Sales Workers and Clerks 8,751 386,930
Business Counts: Administrative Support 34,000 838,266
Business Counts: Technical, Sales and Administrative: Field Occupations 1,456 11,994
Business Counts: Private Household 5 136
Business Counts: Protective Services 3,604 83,977
Business Counts: Other Services: Site Based 16,064 499,367
Business Counts: Other Services: Field Based 1,041 23,417
Business Counts: Farming, Forestry, and Fishing 2,121 66,954
Business Counts: Precision, Craft, and Repair: Site Based 11,655 325,694
Business Counts: Construction, Repair and Mining: Field Based 3,408 107,282
Business Counts: Machine Operators, Assemblers and Inspectors 3,169 88,476
Business Counts: Transportation Materials Moving Workers 5,325 118,631
Business Counts: Handlers, Helpers and Laborers 3,782 95,132
     
Employees: Agricultural, Forestry, Fishing 39 34,345
Employees: Mining 27 1,730
Employees: Construction 3,260 154,244
Employees: Manufacturing 10,777 368,914
Employees: Transportation and Communications 24,571 207,355
Employees: Wholesale Trade 6,827 246,876
Employees: Retail Trade 14,374 836,372
Employees: Finance, Insurance and Real Estate 20,980 308,111
Employees: Services 58,655 1,735,810
Employees: Public Administration 15,474 274,705
     

Transportation & Commute

Newark New Jersey
Median Travel Time to Work 27.57 23.46
Transportation to Work: Public 26 % 10 %
Transportation to Work: Drive / Carpool 63 % 84 %
Transportation to Work: Walk / Bike / Other 9 % 4 %
Transportation to Work: Work at Home 1 % 3 %
     

Crime Risk

Newark New Jersey
Total Crime Risk 303 75
     
Personal Crime Risk 328 80
Murder Risk 628 87
Rape Risk 186 50
Robbery Risk 216 116
Assault Risk 354 67
     
Property Crime Risk 294 73
Burglary Risk 214 70
Larceny Risk 142 70
Motor Vehicle Theft Risk 624 98
     

Temperature & Rain

Newark New Jersey
Average January High Temperature 38.1 38.93
Average January Low Temperature 24.4 21.45
Average July High Temperature 85.2 85.21
Average July Low Temperature 69.1 64.29
     
Annual Precipitation 46.25 47.39
     

Weather Risk Index

Newark New Jersey
Weather Risk 101 99
Earthquake Risk 111 92
Hail Index 68 68
Hurricane Index 109 117
Tornado Index 88 66
Wind Index 151 190
     

Environmental Quality Index

Newark New Jersey
Air Pollution Index 102 103
Ozone Index 103 108
Carbon Monoxide Index 110 112
Lead Index 83 83
NO2 Index 130 121
Particulate Matter Index 83 90
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.

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