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MapMap ViewNewark, IL 60541 has a population of approximately 3,518 and experiences a population change rate of 33.87%. The population density is 41.6 / sq mi .
The median household income for Newark, IL 60541 is $97,472, with 1,115 households and an average household size of 3.03.
The median value of a home in Newark, IL 60541 is $295,400 with an appreciation rate of 14.10%. 77.28% of housing in the state is owned while 14.19% is rented.
The cost of living in Newark, IL 60541 is 111.9 %.
The unemployment rate in Newark, IL 60541 is 2.90%, and recent job growth is at 1.39%. Future job growth is projected at 48.27%.
The sales tax rate in Newark, IL 60541 is 8.25%, while the income tax rate is 4.95% .
School expenditures in Newark, IL 60541 are $15,968, and the school ratio is 15.4:1.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 14.3 degrees. The average rainfall is approximately 38 inches per year, with 26.8 inches of snow per year.
