Newark, Delaware Income Statistics
Newark Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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D
Newark Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Newark | Delaware Avg | US Average |
|---|---|---|---|
| Median Household Income | $77,249 | $85,760 | $80,455 |
| Median Personal Income | $65,007 | $61,988 | $60,758 |
| Average Yearly Income Growth | 5.2% | 4.3% | 4.8% |
| Six-Figure Earners | 10.7% | 13.8% | 13.9% |
| $200k+ Households | 13.0% | 12.4% | 13.2% |
The median household income in Newark is about 10% lower than in Delaware. Income has been growing faster in Newark (5.2%/yr) than in Delaware (4.3%/yr).
About 11% of adults in Newark earn six figures ($100,000 or more) a year, lower than the Delaware average of 14%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Newark, Delaware grew by 49.6% from 2009 to 2024, reaching $77,249 in 2024. That's an average of about 5.2% per year.
Newark started 1.0% above the U.S. median household income in 2009 but had slipped below it by 2010, and has not been above it since. In 2024 its income was 4.0% lower.
Income Distribution in Newark
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 3,164 households (39.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 27.1% of households in Newark had an income under $35,000 and 23.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Newark has a larger share of households earning under $10,000 (8.6% vs 5.1%) and a smaller share earning $50,000 to $74,999 (12.2% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 690 | 8.6% | 5.1% |
| $10,000 to $14,999 | 318 | 4.0% | 3.5% |
| $15,000 to $24,999 | 613 | 7.6% | 6.4% |
| $25,000 to $34,999 | 551 | 6.9% | 6.7% |
| $35,000 to $49,999 | 773 | 9.6% | 10.1% |
| $50,000 to $74,999 | 981 | 12.2% | 15.5% |
| $75,000 to $99,999 | 930 | 11.6% | 12.6% |
| $100,000 to $149,999 | 1,262 | 15.7% | 17.4% |
| $150,000 to $199,999 | 860 | 10.7% | 9.5% |
| $200,000 or more | 1,042 | 13.0% | 13.2% |
Shares are of all 8,020 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 2,854 residents (10.7% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 12.7% of residents who have any income.
In 2024, 15.8% of Newark residents aged 15 and over reported no personal income, 47.3% had some income but less than $25,000, and 15.2% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Newark has a larger share of residents earning $1 to $9,999 (33.1% vs 11.2%) and a smaller share earning $50,000 to $74,999 (7.4% vs 14.3%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 4,218 | 15.8% | 12.8% |
| $1 to $9,999 | 8,831 | 33.1% | 11.2% |
| $10,000 to $14,999 | 1,833 | 6.9% | 7.0% |
| $15,000 to $24,999 | 1,944 | 7.3% | 10.5% |
| $25,000 to $34,999 | 1,699 | 6.4% | 9.5% |
| $35,000 to $49,999 | 2,108 | 7.9% | 12.6% |
| $50,000 to $74,999 | 1,981 | 7.4% | 14.3% |
| $75,000 to $99,999 | 1,211 | 4.5% | 8.2% |
| $100,000 or more | 2,854 | 10.7% | 13.9% |
Shares are of the 26,680 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 15.8% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Newark
| Metric | Newark | Delaware Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.686 | 0.525 | 0.552 |
| Male Median Income | $76,564 | $70,377 | $69,667 |
| Female Median Income | $63,889 | $59,319 | $56,850 |
| Gender Pay Gap | 16.6% | 15.7% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Newark, it is 0.686, higher than Delaware's 0.525, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 20% more than women's income in Newark, Delaware. Over a 35-year career, a 20% wage gap accumulates to roughly $443,625 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Newark, Delaware has narrowed from about 26% to 17% in 2024. Over that period the gap was widest at 28% in 2010, and in 2020 women out-earned men by 8%. In dollar terms, the gap has narrowed by $2,510 since 2009.
Employment
| Metric | Newark | Delaware Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.4% | 5.1% | 5.2% |
| Working from Home | 18.6% | 15.1% | 15.0% |
| Commute time (minutes) | 16 | 22 | 22 |
Approximately 886 people are unemployed in Newark, Delaware.
The average commute time in Newark is 16 minutes, shorter than the 22 minutes in Delaware.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Newark, Delaware has risen from 5.3% to 6.4% in 2024. Over that period the rate peaked at 7.3% in 2021 and fell as low as 4.5% in 2019.
Newark started 3.4 points below the U.S. unemployment rate in 2011 but had risen above it by 2020, and has not been below it since. In 2024 its rate was 1.2 points higher.
Conclusion
Considering all these factors, Newark, Delaware has an overall wealth index grade of D, making it somewhat worse than Delaware, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Newark, Delaware.
How Rich Is Newark, Delaware?
Newark has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $77,249, about 10% lower than the Delaware average of $85,760.
How has median household income changed in Newark, Delaware?
Between 2009 and 2024, the median household income in Newark, Delaware rose 50%, from $51,621 to $77,249. Over the same years, income here outpaced Delaware as a whole: +50% against +48%.
What was the median household income in Newark in 2023?
In 2023, the median household income in Newark, Delaware was $71,979, up 7% from $67,158 in 2022. The Delaware median that year was $83,479.
What was the median household income in Newark in 2020?
In 2020, the median household income in Newark, Delaware was $61,608. By 2024 it had risen 25% to $77,249.
How strong is the job market in Newark, Delaware?
Unemployment in Newark, Delaware is 6.4%, well above the Delaware rate of 5.1%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Newark, Delaware?
The Gini coefficient in Newark is 0.686. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Newark, Delaware?
Since 2009, the income gap between men and women in Newark, Delaware has narrowed from about 26% to 17% in 2024. Over that period the gap was widest at 28% in 2010, and in 2020 women out-earned men by 8%. In dollar terms, the gap has narrowed by $2,510 since 2009.
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