Is Newark, Ohio a Good Place To Live? - Living In Newark, OH
Is Newark, Ohio a good place to live?
Newark is a city in Ohio state in USA with a population of 49951 residents..
The poverty rate of Newark is 16.7%, which is 19% higher than national average.
The typical household in Newark earns $48609 a year, compared to the national median of $67,500.
Nearly 51.4% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Newark, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Newark remained 5.2%, which is 11% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Newark, only 21% of adults have a bachelor's degree and 31% have some college but no degree.
Cost of living in Newark is 86, which is 14% lower than national average. Median home value in Newark is $129500 , which is 44% lower than national average. While median income in Newark remained $48609, which is 28% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Newark, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Newark remained 5.2%, which is 11% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Newark, only 21% of adults have a bachelor's degree and 31% have some college but no degree.
Cost of living in Newark is 86, which is 14% lower than national average. Median home value in Newark is $129500 , which is 44% lower than national average. While median income in Newark remained $48609, which is 28% lower than national average.
Population
49951
Unemployment
5.2%
Poverty
16.7%
Overall Score
5
Median Home Cost
$129500
44%
NAT AVG.
Median Income
$48609
28%
NAT AVG.
Median Rent
$795
31%
NAT AVG.
Cost Of Living
86
14%
NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 19
People Earning < $10,000
1 in 11
People Earning < $50,000
51.4%
People with <= High School
1 in 2.1
People With Any Degree
1 in 3.2
Pros & Cons Overview
Jobs60%
Housing60%
Affordability80%
Safety50%
Amenities90%
Diversity60%
Education60%
Commute80%
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