Newark vs Springfield
| Newark | Springfield | |
|---|---|---|
| Population | 1,156 | 114,214 |
| Median Household Income | $99,375 | $66,064 |
| Median Home Value | $241,100 | $162,100 |
| Median Gross Rent | $1,006/mo | $975/mo |
| Homeownership Rate | 83.0% | 64.3% |
| Unemployment Rate | 2.3% | 6.8% |
| Bachelor's Degree or Higher | 22.6% | 36.3% |
| Median Age | 43.0 | 41.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.