Palermo vs Newark
| Palermo | Newark | |
|---|---|---|
| Population | 2,998 | 307,355 |
| Median Household Income | $101,005 | $52,060 |
| Median Home Value | $395,400 | $373,700 |
| Median Gross Rent | —/mo | $1,392/mo |
| Homeownership Rate | 97.9% | 24.4% |
| Unemployment Rate | 0.8% | 11.6% |
| Bachelor's Degree or Higher | 46.9% | 19.7% |
| Median Age | 47.4 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.