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Newark, Ohio   Add Favorite    6 Reviews | Review This Place




Find your Best Mortgage in Newark: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Diverse economy
-Excellent housing
-Educated population

Cons

-Growth and sprawl
-Areas of urban decay
-Crime rates


What Bert Has To Say About Columbus Metro Area


Columbus, the capital of Ohio, is a well-blended mixture of government, industry, and the enormous Ohio State University. Downtown is fairly dull and many inner neighborhoods have been neglected, but efforts are underway to revive them and some people are moving back into the city. The university brings a strong intellectual and cultural base to the city. Many businesses are attracted to Columbus because of its central location relative to the rest of the country, an educated population and good work force. There is a strong high tech presence, and other big corporate names include The Limited and Abercrombie & Fitch (retail), Nationwide Insurance, Wendy’s, and Cardinal Health. This diverse base brings more economic stability and growth than many of its Rust Belt neighbors.


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Highlights



Quick Facts About Newark


    ECONOMY
    The unemployment rate in Newark is 4.60 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Newark jobs have Increased by 1.85 percent.
    COST OF LIVING
    Compared to the rest of the country, Newark's cost of living is 14.60% Lower than the U.S. average.
    POPULATION
    As of 2014, Newark's population is 47,986 people. Since 2000, it has had a population growth of 8.10 percent.
    TRANSPORTATION
    Average Commute time is 33 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Newark is $126,400. Home appreciation the last 10 years has been -5.68%.
    SCHOOLS
    Newark public schools spend $12,811 per student. The average school expenditure in the U.S. is $12,383. There are about 17.8 students per teacher in Newark.

Newark Ranked & Rated



Newark Housing Market


It's a good time to buy in Newark. Home Appreciation is up 2.9% in the last 12 months. Browse Newark Real Estate.
The median home price in Newark is $126,400. Browse Homes in this Range.
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Reviews for Newark, Ohio


Unknown
Newark

Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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  11/15/2016
As recent newcomers, we love Newark, OH

We retired to Newark, coming from the ‘burbs of the Chicago area. People we meet are surprised to hear that someone would choose Newark to retire to, but as newcomers... (Read More)

 83

 89

  6/16/2011
Not for the young, up and coming

This city is good for the older generation, rtetiring, and folks that wont mind settling in an affordable-yet-boring town. Crime is going up. Poverty increasing, and... (Read More)

 98

 87

  3/10/2008
Born n raised near by

The reviews I've read above are from people being nice about the area. I've been trying to run from the place since i was a child. Never fitted into the scene of old... (Read More)

 97

 79

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