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According to statistics, the population in Newark, DE amounts to 33,243, which shows decline 1% compared to the previous year. The median age of the city’s residents is 24. The average household income is $54,590, shifting decline -1% from the past year, and the average property value in Newark, DE growth 1% to $274,100 throughout the year.
|Number Of Employees||14,923|
|Median Property Value||$274,100|
The average household income in Newark, DE declined from $55,256 to $54,590 in the past year. This data is an estimate based upon 10,230 households in Newark, DE . The chart below presents how household income is distributed in Newark, DE in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Newark, DE shifted from $270,700 to $274,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Newark, DE in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Newark, DE properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newark, DE compared to median property taxes around the country. The prevalent amount of property taxes in Newark, DE equals $2500, which is less than the national average.