Somers Point vs Newark
| Somers Point | Newark | |
|---|---|---|
| Population | 10,482 | 307,355 |
| Median Household Income | $71,062 | $52,060 |
| Median Home Value | $309,200 | $373,700 |
| Median Gross Rent | $1,383/mo | $1,392/mo |
| Homeownership Rate | 52.4% | 24.4% |
| Unemployment Rate | 10.4% | 11.6% |
| Bachelor's Degree or Higher | 34.9% | 19.7% |
| Median Age | 43.6 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.