Newark, NY
Population 9,040 · New York
About Newark, NY
Newark is a small town located in New York with a population of 9,040 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,096 per year, which is 23% below the national median of $75,149. The median age of 41 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Newark features a median home value of $122,600, which is 50% below the national median of $244,900. This makes Newark one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,012, 13% below the national average of $1,163/month. Of the 4,174 total housing units, 57% are owner-occupied (2,207 units) and 43% are renter-occupied (1,662 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Newark shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 17.1%, above the national average of 12.4%. Workers in Newark have an average one-way commute time of 19.3 minutes, one of the shorter commutes in the region.
Education & Demographics
18.2% of Newark residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.3% White, 1.7% Hispanic or Latino, 5.5% Black or African American, and 5.7% Asian residents, with 3.7% of the population being foreign-born.
Cost of Living in Newark, NY
Compared to national averages, Newark has a median household income of $58,096 (23% below the national median of $75,149). Home values average $122,600, which is 50% below the national median. Monthly rent at $1,012 is 13% below the US average of $1,163. Within New York, Newark's income is 40% below the state average of $96,987, and home values are 68% below the state median of $387,181.
Why Live in Newark, NY?
Newark offers affordable housing with a median home value of $122,600, below the US average of $244,900, and rent that’s lower than the national average at $1,012/month, and short commute times averaging just 19.3 minutes.
Potential considerations include median household income ($58,096) that falls below the national average. However, Newark’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Newark has a population of 9,040 with a median age of 41 years. Compare Newark with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Newark
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hillcrest | 8,989 | $142,260 | $551,200 | Compare |
| Stony Brook University | 9,138 | $0 | $0 | Compare |
| Glens Falls North | 9,148 | $82,835 | $265,100 | Compare |
| Plainedge | 8,930 | $155,670 | $592,000 | Compare |
| Mahopac | 9,171 | $114,867 | $448,600 | Compare |
| Rensselaer | 9,247 | $66,046 | $202,600 | Compare |
| Bayport | 8,831 | $135,750 | $618,200 | Compare |
| Valley Cottage | 8,803 | $133,828 | $502,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Newark With Other Cities
Frequently Asked Questions about Newark
What is the population of Newark, NY?
The population of Newark, NY is 9,040 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Newark?
The median household income in Newark, NY is $58,096 per year, which is 23% below the national median of $75,149.
What is the median home value in Newark?
The median home value in Newark, NY is $122,600, which is 50% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Newark?
The median monthly rent in Newark, NY is $1,012, which is 13% below the national average of $1,163/month.
What is the unemployment rate in Newark?
The unemployment rate in Newark, NY is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Newark, NY a good place to live?
Newark offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 9,040 and a median age of 41, the city appeals to a broad range of residents.
How educated is Newark, NY?
18.2% of residents in Newark aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Newark?
Key cost-of-living indicators for Newark, NY: median home value is $122,600 (50% below national), median rent is $1,012/month, and median household income is $58,096. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Newark?
The poverty rate in Newark, NY is 17.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Newark, NY?
Newark's population is 1.3% White, 1.7% Hispanic or Latino, 5.5% Black or African American, 5.7% Asian, and 3.6% two or more races. 3.7% of residents are foreign-born.