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MapMap ViewNewark, NJ 07102 has a population of approximately 12,986 and experiences a population change rate of 4.66%. The population density is 11,061.3 / sq mi .
The median household income for Newark, NJ 07102 is $32,375, with 5,835 households and an average household size of 1.96.
The median value of a home in Newark, NJ 07102 is $367,600 with an appreciation rate of 9.70%. 7.89% of housing in the state is owned while 86.59% is rented.
The cost of living in Newark, NJ 07102 is 134.9 %.
The unemployment rate in Newark, NJ 07102 is 3.80%, and recent job growth is at 2.82%. Future job growth is projected at 45.40%.
The sales tax rate in Newark, NJ 07102 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Newark, NJ 07102 are $26,449, and the school ratio is 13.6:1.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 23.2 degrees. The average rainfall is approximately 47.1 inches per year, with 25.9 inches of snow per year.
