Red Bank vs Newark
| Red Bank | Newark | |
|---|---|---|
| Population | 12,868 | 307,355 |
| Median Household Income | $97,477 | $52,060 |
| Median Home Value | $504,900 | $373,700 |
| Median Gross Rent | $2,026/mo | $1,392/mo |
| Homeownership Rate | 50.1% | 24.4% |
| Unemployment Rate | 3.5% | 11.6% |
| Bachelor's Degree or Higher | 51.6% | 19.7% |
| Median Age | 39.4 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.