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AREA INFORMATION

Newark, DE

Explore the real estate in Newark, DE

Area Highlights

Newark, DE residents have a median age of 24.2 years old, with employment highest in the administrative support and food industries.

30,856 Population

The population has increased by 0.8% since the year 2010.

9,487 Households

$68,240 /yr
Median Household Income

$350,000
Median Home Sale Price

19m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

24.2 Median Age

Average Household Size

2.5
persons per
household

39.6%

Married Households

Community Population By Education

Graduate Degree 29%
Bachelors Degree 28%
Some College 17%
High School Graduate 16%
Associates Degree 8%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Graduate Degree, representing 29.13% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
18.5% of households have children

Economics

$68,240 /yr
Median Household Income
$350,000
Median Sales Price
19 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 14.93% of the households.

Transportation to Work

  • Drive 69%
  • Walk or Bike 16%
  • Work from Home 14%
  • Public Transit 3%

Occupancy by Type

Owned 5,032 44%
Rented 4,455 39%
Vacant 2,072 18%

White vs Blue Collar Jobs







White Collar 81%
Blue Collar 19%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 24.2 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 65%
Black 15%
Asian 9%
Hispanic 7%
Other 2%
Native American <1%
The most prevalent ethnicity is White at 65%, followed by Black at 15%, Asian at 9%, and Hispanic at 7%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

87° July
Hottest Average Month
24° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
41°
Feb
25°
43°
Mar
32°
53°
Apr
41°
64°
May
51°
74°
Jun
60°
82°
Jul
65°
87°
Aug
64°
85°
Sep
57°
79°
Oct
45°
68°
Nov
36°
56°
Dec
27°
44°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$409,990
For sale
3 beds • 2 baths • 1 half baths • 1,715 sqft

1605 Lormont Court
Newark, DE 19702

$439,990
For sale
3 beds • 2 baths • 1 half baths • 1,715 sqft

1603 Lormont Court Plan: Aria
Newark, DE 19702

$469,990
For sale
3 beds • 2 baths • 1 half baths • 2,144 sqft

1617 Lormont Court
Newark, DE 19702

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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