Somerville vs Newark
| Somerville | Newark | |
|---|---|---|
| Population | 12,467 | 307,355 |
| Median Household Income | $103,760 | $52,060 |
| Median Home Value | $435,700 | $373,700 |
| Median Gross Rent | $1,802/mo | $1,392/mo |
| Homeownership Rate | 43.0% | 24.4% |
| Unemployment Rate | 3.4% | 11.6% |
| Bachelor's Degree or Higher | 54.7% | 19.7% |
| Median Age | 35.9 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.