Essex Fells vs Newark
| Essex Fells | Newark | |
|---|---|---|
| Population | 2,290 | 307,355 |
| Median Household Income | $250,001 | $52,060 |
| Median Home Value | $1,083,000 | $373,700 |
| Median Gross Rent | $3,501/mo | $1,392/mo |
| Homeownership Rate | 96.4% | 24.4% |
| Unemployment Rate | 5.5% | 11.6% |
| Bachelor's Degree or Higher | 81.3% | 19.7% |
| Median Age | 43.7 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.