GITNUX MARKETDATA REPORT 2024

Must-Know Newark Statistics [Recent Analysis]

With sources from: census.gov, njtpa.org, neighborhoodscout.com, panynj.gov and many more

In this post, we explore a comprehensive overview of statistics about Newark, New Jersey. From population figures and economic indicators to education, transportation, and infrastructure details, these statistics provide valuable insights into the city’s demographics, growth, and unique characteristics. Join us as we delve into the numbers that define Newark’s position as a significant city in the United States.

Statistic 1

"Newark is the 73rd largest city in the United States by population."

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Statistic 2

"The population of Newark, New Jersey, is 281,054 as of 2021."

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Statistic 3

"The median household income in Newark is $35,199."

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Statistic 4

"The unemployment rate in Newark is 6.7% as of 2021."

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Statistic 5

"Newark is the largest city in New Jersey, covering a land area of roughly 27 square miles."

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Statistic 6

"The per capita income in Newark is $19,682."

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Statistic 7

"Newark has 1.78% renewable energy consumption."

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Statistic 8

"Newark Liberty International Airport is the 14th busiest airport in the United States for total passengers."

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Statistic 9

"The percentage of residents with a bachelor’s degree or higher in Newark is 15.7%."

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Statistic 10

"The crime rate in Newark is 40 per one thousand residents."

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Statistic 11

"The graduation rate in Newark public schools is 80.9%."

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Statistic 12

"Newark experienced a population growth rate of 1.46% from 2010 to 2020."

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Statistic 13

"The home prices in Newark increased by 13.8% in 2021."

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Statistic 14

"The Port of Newark is the largest on the East Coast of the United States and the 18th largest in the world."

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Statistic 15

"Housing units in Newark stand at a total of 110,999."

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Statistic 16

"Newark has a diverse population with 33.7% African American, 36.7% Hispanic, and 26.7% white residents."

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Statistic 17

"The public transportation system in Newark has a daily ridership of 172,945 people."

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Interpretation

In conclusion, the statistics paint a detailed picture of Newark, New Jersey, showcasing both the challenges and strengths of the city. With a population of 281,054 and a diverse demographic composition, Newark faces an unemployment rate of 6.7% and a median household income of $35,199. However, there are positive indicators such as a growing population, increasing home prices, and a significant graduation rate in public schools. The city also boasts key infrastructure assets like Newark Liberty International Airport and the Port of Newark. Moving forward, addressing issues like educational attainment and income disparities while leveraging its transportation and economic strengths can help Newark continue on a path of growth and development.

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