Newark
Newark city, Delaware
Newark, Delaware, offers a compelling blend of small-town charm and big-city access, drawing residents with its welcoming atmosphere and relative affordability. Imagine strolling through tree-lined streets, where the median home value sits comfortably at $334,400, a figure that provides significant value compared to the national average. This vibrant city, home to over 30,000 residents, pulsates with a youthful energy, fueled by the presence of the University of Delaware. The cost of living here is manageable, with a median household income of $67,738, making it a viable option for young professionals, families, and retirees alike.
From an investment perspective, Newark presents a stable and attractive real estate market. The city's desirable location in northern Delaware, with close proximity to major metropolitan areas like Philadelphia, adds to its appeal. Newark boasts a safe environment, making it an excellent choice for families. The area is particularly well-suited for those seeking a balance of affordability, community, and access to both educational and employment opportunities. It's a place where you can build a life, not just buy a house.
Newark, Delaware at a Glance
Newark is a city in Newark city, Delaware with a population of approximately 30,655. The median home value is $334,400 and the median household income is $67,738. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 3.9 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,138 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$334,400
Median Income
$67,738
Population
30,655
Walk Score
0
Air Quality
AQI 41
Good
Climate Risk
Relatively Moderate
Fair
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- Population
- 30,655
- Median Age
- N/A
- Median Household Income
- $67,738
9% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 24.4%
97% above nat'l avg
- Median Home Value
- $334,400
19% above nat'l avg
- Median Rent
- $1,138
Near nat'l avg
- Homeownership Rate
- 81.0%
23% above nat'l avg
- Affordability Index
- 95
5% below nat'l avg
- Violent Crime Rate
- 3.9 per 1K
8% above nat'l avg
- Property Crime Rate
- 23.8 per 1K
25% above nat'l avg
- AQI
- 41
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 82.09
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.3¢/kWh
14% below nat'l avg
- Est. Monthly Electric
- $129
6% below nat'l avg
- Unemployment Rate
- 7.0%
89% above nat'l avg
- Poverty Rate
- 24.4%
97% above nat'l avg
Weather & Climate in Newark
Avg High
65°F
Avg Low
51°F
Annual Rainfall
47.1"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Kent County county-level presidential election data
Culture & Things to Do in Newark
Newark Farmers Market
A weekly market offering local produce, crafts, and food vendors.
Newark Arts Festival
An annual festival showcasing local artists and performers.
UDairy Creamery Events
Various events hosted by the University of Delaware's creamery.
Main Street Newark Events
Events and activities often held on Main Street, including holiday celebrations.