Newark, DE Overview

Situated in northern Delaware just 14 miles from Wilmington, Newark’s population of 26,235 increases by 18,000 when the University of Delaware opens its doors for another academic year.  The university is a cultural, educational, and economic asset that infuses vitality into the community through renowned educators, brilliant students, retail revenue, and first-rate performing arts venues.  Newark has managed to balance its residential, educational, commercial, and industrial sectors, adding major distribution centers and corporate headquarters to its tax base.  Even the colorful Main Street corridor is undergoing a flurry of new construction and revitalization.

 

Newark’s location along Interstate 95 allows quick and easy access to the world-class cultural and recreational advantages of New York City, Washington, D.C., and Philadelphia. The southern quadrant of Newark has grown rapidly in recent years, spawning new areas like Churchman’s Crossing with its mix of shopping, healthcare, dining, entertainment, and business centers. Older neighborhoods are popular for their charm and ambiance, blending bungalows and ranches with colonials and Tudors. Among the new developments are homesites along gently rolling hills, communities that feature superb recreational amenities, or those with spacious lots that border White Clay State Park.

Municipal Offices

302-366-7020

 

Chamber of Commerce

302-737-4343

www.ncccc.com

 

Summary

Population Growth (since 2000) 7%
Population Density (ppl / mile) 3,449.00
Household Size (ppl) 2.495
Households w/ Children 17%

Housing Stability

Annual Residential Turnover 35%
5+ Years in Residency 36%
Median Year in Residency 3.28

Housing Inventory

Newark, DE Housing Inventory 5,378 567 4,632 5,378 567 4,632

Market Overview

169 listings with an estimated median price of $269,900

Price Count
$100K - 200K 32
$200K - 300K 81
$300K - 400K 23
$400K - 500K 20
$500K - 600K 3
$600K - 700K 4
$700K - 800K 2
$800K - 900K 2
$900K - 1M 2
Property Type Count
Single Family 113
Townhouse 31
Condo 9
Commercial 1
Rental 43
Lots and Land 15

(Data as of 3/30/2020)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Newark, DE Population Demographics

Total: 31,685

Households:10,010

Median Age: 22.81

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Newark, DE Temperature

Weather Risk

Newark, DE Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Newark, DE Education Climate Index

Highest Education Level Attained

Newark, DE Highest Education Level Attained 2,607 2,241 980 604 353 3,756 3,717 2,607 2,241 980 604 353 3,756

Employment and Finance

Workforce

Newark, DE Workforce

Income by dollar range (Median Income: $56,442)

Newark, DE Income by dollar range 1,167 616 508 432 323 358 297 485 379 688 872 1,084 826 656 831 197 271 22

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$830
One Bedroom
$1,003
Two Bedroom
$1,210
Three Bedroom
$1,502
Four Bedroom
$1,659

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Newark, DE Crime

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