Avenel vs Newark
| Avenel | Newark | |
|---|---|---|
| Population | 17,211 | 307,355 |
| Median Household Income | $101,670 | $52,060 |
| Median Home Value | $401,000 | $373,700 |
| Median Gross Rent | $1,906/mo | $1,392/mo |
| Homeownership Rate | 52.3% | 24.4% |
| Unemployment Rate | 5.3% | 11.6% |
| Bachelor's Degree or Higher | 31.8% | 19.7% |
| Median Age | 39.6 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.