Prospect Park vs Newark
| Prospect Park | Newark | |
|---|---|---|
| Population | 6,299 | 307,355 |
| Median Household Income | $53,125 | $52,060 |
| Median Home Value | $406,800 | $373,700 |
| Median Gross Rent | $1,647/mo | $1,392/mo |
| Homeownership Rate | 42.0% | 24.4% |
| Unemployment Rate | 11.5% | 11.6% |
| Bachelor's Degree or Higher | 31.1% | 19.7% |
| Median Age | 36.2 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.