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2024 Compare Cities Economy:
Springfield, OH vs Newark, OH

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Highlights
- Household income in Newark, is 25% more than it is in Springfield and is 31% below the National Average.
- Springfield unemployment rate is 5.9%.
- Newark unemployment rate is 4.0%.

Economy
 Springfield, OHNewark, OHUnited States
 Unemployment Rate5.9%4.0%6.0%
 Recent Job Growth0.2%0.7%1.6%
 Future Job Growth22.3%35.5%33.5%
 Sales Taxes7.3%7.3%6.2%
 Income Taxes5.5%5.2%4.6%
 Income per Cap.$22,968$27,845$37,638
 Household Income$42,131$52,570$69,021
 Family Median Income$51,796$65,424$85,028
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 Est. Households By Income
 Springfield, OHNewark, OHUnited States
 Income Less Than 15K15.6%13.6%9.4%
 Income between 15K and 20K6.1%4.7%3.8%
 Income between 20K and 30K12.8%10.6%8.1%
 Income between 30K and 40K13.2%9.6%8.0%
 Income between 40K and 50K12.0%8.8%7.6%
 Income between 50K and 60K8.7%10.8%7.2%
 Income between 60K and 75K8.9%9.6%9.6%
 Income between 75K and 100K10.8%13.0%12.8%
 Income between 100K and 150K8.2%11.5%16.3%
 Income between 150K and 200K2.4%4.7%7.8%
 Income greater than 200K1.4%3.2%9.5%
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 Population By Occupation
 Springfield, OHNewark, OHUnited States
 Management, business, finance8.2%13.9%16.4%
 Engineering, computers, science2.4%5.4%6.5%
 Community, social services1.4%1.8%1.8%
 Legal0.5%0.7%1.2%
 Education, library4.6%4.0%6.2%
 Arts, design, media, sports, entertainment1.4%1.0%2.0%
 Healthcare practitioners and technology6.1%4.4%6.2%
 Healthcare support5.8%2.8%3.3%
 Firefighters, law enforcement1.4%2.0%2.1%
 Food preparation, serving8.5%8.2%5.4%
 Building maintenance5.3%4.6%3.6%
 Personal care2.7%3.0%2.6%
 Sales, office, administrative support19.7%23.7%20.9%
 Farming, fishing, forestry0.5%0.5%0.6%
 Construction, extraction, maintenance/repair7.0%6.3%8.1%
 Production, transportation, material moving24.5%17.5%13.1%

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Reviews for Springfield    7 Reviews

Over 5 years ago

Springfield’s housing is cheap, because a great deal of the homes are dilapidated. There are many blocks which have two or three out of five houses that are boarded up.  More

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Over 7 years ago

The city survives off government grants and historical tourism. Very depressed atmosphere. The employment starting pay is 10 - 12.00 dollars an hour. The temp service  More

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Over 13 years ago

Being able to afford something in Springfield is pretty much a no-brainer. It kinda has to be however because the economy, while recessed everywhere else, is rather  More

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Reviews for Newark    7 Reviews

I have lived here in Newark for over nine and a half years. This isn't the best place to live. Sure there's historical buildings, including the courthouse, and the  More

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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  More

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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  More

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ZIPS IN SPRINGFIELD, OHIO
45503 45505 45504 45506
ZIPS IN NEWARK, OHIO
43055

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