Newark, OH
Population 50,393 · Ohio
About Newark, OH
Newark is a mid-sized city located in Ohio with a population of 50,393 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,920 per year, which is 22% below the national median of $75,149. The median age of 38.8 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 $174,100, which is 29% below the national median of $244,900. This positions Newark in a moderately priced market relative to the rest of the country. Median monthly rent is $926, 20% below the national average of $1,163/month. Of the 22,236 total housing units, 56% are owner-occupied (11,439 units) and 44% are renter-occupied (9,148 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 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.5%, above the national average of 12.4%. Workers in Newark have an average one-way commute time of 23.7 minutes.
Education & Demographics
22.1% 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 0.4% White, 1.3% Hispanic or Latino, 1.0% Black or African American, and 0.9% Asian residents, with 2.0% of the population being foreign-born.
How Newark Ranks in Ohio
Cost of Living in Newark, OH
Compared to national averages, Newark has a median household income of $58,920 (22% below the national median of $75,149). Home values average $174,100, which is 29% below the national median. Monthly rent at $926 is 20% below the US average of $1,163. Within Ohio, Newark's income is 18% below the state average of $71,814, and home values are 0% below the state median of $174,449.
Why Live in Newark, OH?
Newark offers affordable housing with a median home value of $174,100, below the US average of $244,900, and rent that’s lower than the national average at $926/month, and a strong job market with an unemployment rate of just 3.5%. Additionally, the city features short commute times averaging just 23.7 minutes.
Potential considerations include median household income ($58,920) that falls below the national average. However, as a mid-sized city, Newark provides access to a wide range of amenities and services.
Newark has a population of 50,393 with a median age of 38.8 years. Compare Newark with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Newark
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lakewood | 50,229 | $65,925 | $241,500 | Compare |
| Middletown | 50,607 | $54,985 | $148,300 | Compare |
| Cuyahoga Falls | 50,864 | $70,645 | $174,700 | Compare |
| Dublin | 49,031 | $155,282 | $514,900 | Compare |
| Euclid | 48,991 | $48,696 | $114,700 | Compare |
| Elyria | 52,833 | $53,204 | $142,800 | Compare |
| Mansfield | 47,686 | $42,605 | $110,600 | Compare |
| Mentor | 47,215 | $89,202 | $229,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
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, OH?
The population of Newark, OH is 50,393 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Ohio.
What is the median household income in Newark?
The median household income in Newark, OH is $58,920 per year, which is 22% below the national median of $75,149.
What is the median home value in Newark?
The median home value in Newark, OH is $174,100, which is 29% 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, OH is $926, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Newark?
The unemployment rate in Newark, OH is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Newark, OH a good place to live?
Newark offers a moderate cost of living, affordable housing, and a strong job market. With a population of 50,393 and a median age of 38.8, the city appeals to a broad range of residents.
How educated is Newark, OH?
22.1% 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, OH: median home value is $174,100 (29% below national), median rent is $926/month, and median household income is $58,920. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Newark?
The poverty rate in Newark, OH is 17.5%, 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, OH?
Newark's population is 0.4% White, 1.3% Hispanic or Latino, 1.0% Black or African American, 0.9% Asian, and 3.1% two or more races. 2.0% of residents are foreign-born.