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Newark, DE 19702 has a population of approximately 54,668 and experiences a population change rate of 21.93%. The population density is 1,930.4 / sq mi .
The median household income for Newark, DE 19702 is $82,790, with 20,724 households and an average household size of 2.69.
The median value of a home in Newark, DE 19702 is $300,800 with an appreciation rate of 14.00%. 57.43% of housing in the state is owned while 38.68% is rented.
The cost of living in Newark, DE 19702 is 110.6 %.
The unemployment rate in Newark, DE 19702 is 3.70%, and recent job growth is at 2.29%. Future job growth is projected at 39.31%.
The sales tax rate in Newark, DE 19702 is 0.00%, while the income tax rate is 6.60% .
School expenditures in Newark, DE 19702 are $19,973, and the school ratio is 14.1:1.
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 23.9 degrees. The average rainfall is approximately 45.1 inches per year, with 13 inches of snow per year.