Madison vs Newark
| Madison | Newark | |
|---|---|---|
| Population | 16,521 | 307,355 |
| Median Household Income | $171,471 | $52,060 |
| Median Home Value | $943,200 | $373,700 |
| Median Gross Rent | $2,253/mo | $1,392/mo |
| Homeownership Rate | 63.8% | 24.4% |
| Unemployment Rate | 6.3% | 11.6% |
| Bachelor's Degree or Higher | 74.1% | 19.7% |
| Median Age | 38.2 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.