Spring Lake vs Newark
| Spring Lake | Newark | |
|---|---|---|
| Population | 2,788 | 307,355 |
| Median Household Income | $215,625 | $52,060 |
| Median Home Value | $2,000,001 | $373,700 |
| Median Gross Rent | $2,175/mo | $1,392/mo |
| Homeownership Rate | 91.8% | 24.4% |
| Unemployment Rate | 2.4% | 11.6% |
| Bachelor's Degree or Higher | 84.1% | 19.7% |
| Median Age | 59.8 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.