Median Income
$46,460
household / year
Median Home Value
$312,300
owner-occupied
Median Rent
$1,273
gross / month
Cost of Living
112
national avg = 100

Is Newark, NJ a Good Place to Live?

Newark is a large city of 307,355 in New Jersey, with a median household income of $46,460 and a 10.7% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Newark's profile is close to national averages across most measures.

Trade-offs: Potential downsides include an above-average cost of living, longer commutes, an elevated unemployment rate. Whether Newark is right for you depends on your priorities — the full breakdown is below.

All Newark city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 112.5

Newark's overall cost of living index is 112.5, where 100 represents the US national average. Living in Newark costs roughly 12% more than the average American city.

Metric Newark, NJ National Avg
Median Home Value $312,300 $244,900
Median Monthly Rent $1,273 $1,163
Homeownership Rate 23.9% 65.9%
Median Household Income $46,460 $74,755

Crime & Safety

Near National Average

Newark's violent crime rate is 581.2 per 100,000 residents — 53% higher than the national average of ~380 per 100,000.

Violent Crime
581.2 /100k
Property Crime
1957.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Newark is served primarily by Newark Public School District. The student-to-teacher ratio is 15.6:1 (better than the national average of ~16:1).

Metric Newark, NJ National Avg
School District Newark Public School District
Elementary Schools 44
Middle Schools N/A
High Schools 18
Student/Teacher Ratio 15.6:1 16:1
Bachelor's Degree or Higher 17.0% 35.4%
High School Diploma or Higher 77.7% 91.1%

Weather & Climate

Newark sees average highs of 39.4°F in January and 86.8°F in July, with 50.4 inches of annual precipitation and 28.2 inches of snow per year.

MetricNewark, NJ
Average High — January39.4°F
Average High — July86.8°F
Annual Precipitation50.4"
Annual Snowfall28.2"

Demographics

MetricNewark, NJNational Avg
Population307,355
Median Age34.738.9
Unemployment Rate10.7%3.7%
Avg Commute Time33.0 min26 min
White (non-Hispanic)19.6%59.3%
Black or African American47.0%13.6%
Hispanic or Latino28.8%18.9%
Asian2.0%6.3%
Under 1824.1%22.2%
65 and over10.9%16.8%

Nearby Cities

ZIP Codes in Newark

Newark, NJ is covered by 9 ZIP codes:

Newark vs Other Cities

Frequently Asked Questions

Newark's cost of living index is 112, where 100 is the national average. That puts Newark roughly 12% above the national average in cost. The median home price is $312,300 and median rent is $1,273/month.
Newark's violent crime rate is 581.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1957.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Newark are operated by Newark Public School District. The district has 44 elementary, several middle, and 18 high schools. The student-to-teacher ratio is 15.6:1. 17.0% of adults 25+ hold a bachelor's degree or higher.
Newark, NJ has a population of 307,355, a median household income of $46,460, and an unemployment rate of 10.7%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Newark averages 39.4°F in January and 86.8°F in July. Annual rainfall is 50.4 inches with about 28.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Newark, NJ is covered by 9 ZIP codes: 07114, 07105, 07104, 07103, 07107, 07106, 07108, 07112, 07102.
The population of Newark, New Jersey is 307,355 with a median age of 34.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Newark: cost of living index 112 (100 = US average), median home $312,300, median household income $46,460, crime index 129 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Newark side by side with your current city to see the trade-offs.