HomeNew Jersey › Newark

Newark, New Jersey

city · Essex County

At a glance

310,178
Population
$373,700
Median home value (all homes)
23% above U.S. median
$481,883
Typical market value
Zillow, 2026-07
$1,392/mo
Median rent
3% above U.S. median
$52,060
Median household income
34% below U.S. median
32.6 min
Average commute
86.4%
Homes with broadband
88.18%
Locations with fiber available
11.6%
Unemployment

Cost of living (Clay Affordability Index)

CAI 113 — 13% above the national average. how it's computed

Housing41% above
Goods & services8% above
Utilities10% above
Taxes39% below
Insurance2% below
Commute cost20% above
For business: New Jersey is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college1 mi
Nearest community college1 mi
Nearest technical college1 mi
High school graduates78.3%
College graduates19.7%

Doing business here

Economic development contacts, most local first:

city Newark
The mission of the Department of Economic and Housing Development is to create economic opportunity for Newark residents and enhance the vibrancy of our city. To this end, the department seeks to position Newark to take advantage of its unique assets, including its strategic location, a diverse and underutilized workforce, a large amount of developable land, a concentration of corporate and business service firms, several major universities, and a wealth of arts and cultural assets.
state Brownfields Redevelopment Solutions
BRS, Inc. (Brownfield Redevelopment Solutions, Inc.) is a New Jersey-based firm formed to assist the public and non-profit sectors with brownfield redevelopment, funding, planning, sustainability and resiliency, and owner's representative services.
state Choose New Jersey
Choose New Jersey is a private non-profit economic development organization that markets New Jersey to businesses and collaborates with business, government, labor, and academic sectors to attract and expand the state's economy.
state First Energy Corp Economic Development
FirstEnergy Corp's Economic Development page describes services for businesses, including site location assistance and customized energy plans, within a region that encompasses Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and Virginia.
state New Jersey Business Action Center
NJBAC helps start, grow, and manage your business needs in New Jersey by connecting you with the right experts and resources. Our representatives and business advocates work with you to find solutions, and we can facilitate meetings and follow-ups confidentially and at no cost to you.
state New Jersey Eco Dev Authority
New Jersey Economic Development Authority grows the state's economy and increases equitable access to opportunity by supporting high-quality job creation, catalyzing investment, and fostering vibrant, inclusive community development. It partners with diverse stakeholders to implement programs and initiatives that improve quality of life, enhance economic vitality, and strengthen New Jersey's long-term economic competitiveness.
state New Jersey Natural Gas Eco Dev
New Jersey Natural Gas (NJNG) is the principal subsidiary of New Jersey Resources. NJNG's service area includes over half a million customers in New Jersey, and it operates the most environmentally-sound natural gas distribution system in the state as measured by leaks per mile. As a leader in the competitive energy marketplace and a lifeline service provider, NJNG is committed to service excellence and delivering safe, reliable energy our customers depend on to keep their homes and businesses running.
state New Jersey Redevelopment Authority
The New Jersey Redevelopment Authority (NJRA) is a multi-million dollar independent financing authority created by the State of New Jersey via the New Jersey Redevelopment Act to transform urban communities through direct investment and technical support. The New Jersey Redevelopment Act provided the state’s urban centers with opportunities to build effective public/private partnerships in order to leverage funds for entrepreneurial growth, job creation, and to enhance community empowerment.
state New Jersey Small Business Development Centers
The NJSBDC provides no-cost, one-on-one business consulting, training programs, and resources to help small and medium-sized businesses in New Jersey grow and compete, supported by state and federal funding.
State sales taxYes
State income taxYes
Right-to-work stateNo

Similar towns nearby

Harrison, NJ 2 mi · pop 20,369 · $506k
East Newark, NJ 2 mi · pop 2,497 · $470k
Kearny, NJ 3 mi · pop 40,614 · $459k
East Orange, NJ 3 mi · pop 70,090 · $366k
Elizabeth, NJ 4 mi · pop 137,302 · $449k