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    AI-Generated Neighborhood Summary

    Location Overview

    Newark, CA, is part of the San Francisco Bay Area and is known for its suburban feel with a mix of residential, commercial, and industrial areas. The city is part of Alameda County and is well-connected via major highways such as I-880, providing easy access to neighboring cities like Fremont and the tech hubs of Silicon Valley.

    Community and Amenities

    The crime rate in Newark is generally moderate compared to national averages, but it's advisable to check local crime maps for up-to-date information. The Newark Unified School District serves the area, with schools receiving mixed ratings depending on the specific institution. Nearby amenities include several parks like Newark Community Park and the Don Edwards San Francisco Bay National Wildlife Refuge, offering outdoor recreational activities. You'll find grocery stores, shopping centers, and dining options within close proximity, including the NewPark Mall. The area does not have major tourist attractions but benefits from its proximity to destinations in the broader Bay Area.

    Economic and Demographic Data

    The average household income in Newark tends to be higher than the national average, reflecting the cost of living in the Bay Area. The neighboring city of Fremont has a similar economic profile, often with slightly higher income levels. Job growth in the region is strong, driven by the proximity to tech companies and startups, as well as various business sectors in the Bay Area. Newark's location provides residents with access to a wide range of employment opportunities, ensuring a vibrant economic environment for the community.

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    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Unlock our premium report for a detailed neighborhood narrative that combines demographic, economic, and social indicators to give you a comprehensive understanding of this community.

    Median Home Price

    $998,300

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $150,000
    Nat'l Avg: $69,021

    Percent Under Poverty

    4%
    Nat'l Avg: 12%

    Median Contract Rent

    $2,434
    Nat'l Avg: $988

    Owners vs Renters

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    Vacant Housing Units

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    Unemployment Rate

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    College Degree

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    Dominant Race

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    Married-Couple Families

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    Owners Without Morgages

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    Mortgage ≥ 30% Income

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    Rent ≥ 30% Income

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    Non-US Citizens

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    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Newark Community Park

    park

    Washington Hospital

    hospital

    Sprouts Farmers Market

    grocery store

    BJ's Restaurant & Brewhouse

    restaurant

    24 Hour Fitness

    gym

    San Francisco International Airport

    international airport

    Newark Memorial High School

    school

    NewPark Mall

    shopping center

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    Median property value in Newark, CA increased from $1.03M in 2022 to $1.09M in 2023, a 5.73% rise.
    Median household income in Newark, CA grew from $159,465 in 2022 to $164,909 in 2023, a 3.41% increase.
    Newark, CA's total crime rate is 4,690.5 per 100,000 people, 101.81% above the national average.
    Newark, CA's population declined from 47,470 in 2022 to 47,145 in 2023, a 0.685% decrease. These insights highlight recent trends in property values, household income, crime rates, and population changes in Newark, CA.

    Custom Narratives

    Newark's housing market is highly competitive, with homes selling in about 10 days and a median sale price of $1.4 million, reflecting a 15.4% increase from the previous year.
    The city's diverse community includes 41.4% Asian and 30.4% Hispanic residents, contributing to a rich cultural environment.
    With a median household income of $164,909 and a poverty rate of 4.2%, Newark's strong economic foundation supports continued real estate growth.
    The cost of living index in Newark is 166, indicating it's 1.7 times higher than the national average, which may influence housing affordability. These insights provide a comprehensive overview of Newark's real estate market and community dynamics.

    Green Flags

    Close to local parks and recreational areas
    Convenient access to shopping and dining
    Proximity to major transportation routes
    Family-friendly neighborhood atmosphere

    Red Flags

    High traffic congestion
    Limited parking availability
    Noise from nearby transportation routes
    Higher cost of living
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

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    Historical Flooding

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