Preakness vs Newark
| Preakness | Newark | |
|---|---|---|
| Population | 18,591 | 307,355 |
| Median Household Income | $133,205 | $52,060 |
| Median Home Value | $617,700 | $373,700 |
| Median Gross Rent | $1,918/mo | $1,392/mo |
| Homeownership Rate | 70.6% | 24.4% |
| Unemployment Rate | 4.6% | 11.6% |
| Bachelor's Degree or Higher | 57.1% | 19.7% |
| Median Age | 41.0 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.