City profile
Newark, NJ
Historic majority-Black city with the Newark Museum, NJPAC and a short train ride to Manhattan.
Climate
Climate type
Four seasons
Winter avg
33°F
Summer avg
78°F
Sunny days / yr
205
Home prices & cost of living
Median home price
$450,000
Typical monthly housing
$3,295
Cost of living (100 = U.S.)
125
Taxes
- Property tax
- 2.23%
- State income tax (top)
- 10.75%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 6.60%
FEMA natural hazard risk
Relatively High · county score 98/100
Top hazards: Heat wave, Riverine flooding, Strong wind
Nearest major airport
3 mi to Newark Liberty International Airport (EWR)
Political lean (2024 county vote)
Leans Democratic · 70% Democratic / 29% Republican
Demographics (Census ACS)
Population (2024)
310,178
Growth since 2019
+10.4%
Median age
34.7
Residents 65+
10.9%
Median household income
$52,060
Income growth since 2019
+47.9%
Black household income
$49,592
Home ownership
24.4%
Poverty rate
23.4%
Poverty rate, 65+
26.9%
Race & ethnicity: Black 44.8% · White 8.9% · Hispanic 37.6% · Asian 2.0% · Other 6.8%
Crime (per 100,000 residents, 2025)
Violent crime
517 · 57% above the national average
Property crime
1,788 · 15% above the national average
Source: FBI Crime Data Explorer, Newark Police Department. State average: violent 199, property 1,267.
2025–2026 trends
2026 market trends
- ▸More retirees are leaving NJ than arriving, mostly over cost
- ▸Home prices are still rising in 2026 — good for long-term value, less room to negotiate
- ▸Climate/cost risks to check: coastal flooding, very high property taxes
Highlights
- NJPAC & Newark Museum
- Train to NYC
- Major airport next door
Trade-offs
- Very high property taxes
- Higher crime in some areas
Figures are estimates from public sources (see How we match). Verify before making decisions.