NewarkNew Jersey

Newark Population Demographics

According to US population projections for 2022, the estimated population of Newark is 307,216. 27.54% is under 18, while 11.35% is over 65.

A closer look at the age demography reveals that 5.88% of the population was five years old or younger, 27.54% were 18 years or younger and 22.49% were aged 65 years and over. The gender split in the state was nearly even, with 51.11% female and 48.89% male.

Newark Housing

According to the US Census, Newark has 122,145 housing units. The average owner-occupied housing unit rate in Newark was 94.27%. At the same time, the city's median value of owner-occupied homes was $323,200

Newark Racial Demographics

In 2020, the US Census estimated that Black Or African American Alone and Some Other Race Alone constitute 73.37% of Newark's population. Residents of the city who were White Alone, made up 12.13% of the total population.

Other racial groups include Asian Alone, constituting 1.62% of the city's population and American Indian And Alaska Native Alone at 0.72%

How Educated is Newark

According to Census estimates, in 2021, 12.2% of Newark residents had a bachelor's degree, while 5.5% had a graduate or professional degree.

Overall, 17.70% of residents have a bachelor's degree or higher.

Average Income in Newark

The median household income in Newark is $43,242. This figure is significantly (approximately 0.00%) less than the state average of $43,242.

Estimates by family type revealed that families earned an average of $49,197 per year, while married-couple families earned an average of $66,207.

A closer examination of the income groups of Newark households revealed that the largest income group consisted of households with an annual income between $50,000 and $74,999. Other groups with yearly high household incomes include those between $35,000 and $49,999 (13.4%) and those with incomes exceeding $200,000 (2.7%). 12.4% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family