Income & Economy in Newark, NJ
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$48,416
-34% vs national
Per Capita Income
$25,509
-31% vs national
Poverty Rate
24.7%
+81% vs national
Gini Index
0.4909
0 = perfect equality
Unemployment
10.9%
+109% vs national
SNAP Recipients
23.7%
of households
How Newark Compares
Source: Census ACS (2023)Newark vs Similar Cities
Source: Census ACS (2023)Compared to cities with 250,000 - 500,000 residents. Newark is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Newark. The median household income here is $48,416.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
10.9%
+91% vs NJ avg
Labor Force
148,640
Employed
132,414
Mean Commute
31 min
How People Get to Work
Source: Census ACS (2023)Employment by Sector
Source: Census ACS (2023)Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
11.3%
of adults 25+
High School Diploma+
35.7%
of adults 25+
Median Age
34.8
Work from Home
6.1%
of workers
The median household income in Newark, NJ is $48,416, which is 33.9% below the national average of $73,224. Per capita income is $25,509. The poverty rate of 24.7% is higher than the NJ state average of 7.7%. The Gini index of income inequality is 0.4909, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 10.9%, compared to the state average of 5.7%. 11.3% of adults hold a bachelor's degree or higher. The average commute time is 31 minutes, with 6.1% working from home.