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Newark, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for Newark.

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Community Insights

High Incomes
$120k/year
top 9% nationally
Leading Industries
Finance & Insurance · Information & Media · Wholesale Trade
8% finance & insurance
Home Value Growth⬆⬆
+17.7% over 2 years
Family-Friendly
29% of residents
well above average
Homeowners
92% of occupied units

People & Demographics

Total Population1,000
Households
Under 18
29.0%
Age 18–34
32.0%
Age 35–64
31.0%
Age 65+
8.0%
Veterans
5.0%
Active Duty
0.0%

Housing & Living

Median Home Value$336,507
Median Gross Rent$2,042/mo
Owner Occupied
91.6%
Renter Occupied
8.4%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$119,612
Poverty Rate

Key Industries

Healthcare6.0%
Professional Services1.0%
Manufacturing0.0%
Retail5.0%
Education1.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities38 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
18.0%
Master's or Higher
12.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Newark?

The total population of Newark is approximately 1,000. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Newark walkable and transit-friendly?

Based on local geographic data, Newark has an amenity and walkability score of 38/100 and a transit score of 28/100. This indicates the area is mostly car-dependent for daily errands and commuting.

Do more people rent or own homes in Newark?

The housing market in Newark is predominantly driven by homeowners, with 92% of housing units being owner-occupied and 8% being renter-occupied.

What is the education level of residents in Newark?

In Newark, approximately 18% of adult residents hold a bachelor's degree or higher. Additionally, 12% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.