Newark has a population of approximately 402 and experiences a population change rate of 18.58%. The population density is 42.3 / sq mi .
Newark, MD Real Estate for Sale
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GridGrid ViewMapMap ViewGridGrid ViewMapMap ViewNewark has a population of approximately 402 and experiences a population change rate of 18.58%. The population density is 42.3 / sq mi .
The median household income for Newark is $89,315, with 159 households and an average household size of 2.53.
The median value of a home in Newark is $676,000 with an appreciation rate of 14.00%. 72.96% of housing in the state is owned while 27.04% is rented.
The cost of living in Newark is 97.3 %.
The unemployment rate in Newark is 3.10%, and recent job growth is at -0.08%. Future job growth is projected at 37.03%.
The sales tax rate in Newark is 6.00%, while the income tax rate is 4.75% .
School expenditures in Newark are $23,295, and the school ratio is 11.5:1.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 28.1 degrees. The average rainfall is approximately 44.3 inches per year, with 8.3 inches of snow per year.