Economy in Newark, Delaware
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Economy
| Unemployment Rate | 6.40% | 9.10% |
| Recent Job Growth | -0.70% | -0.12% |
| Future Job Growth | 32.20% | 31.25% |
| Sales Taxes | 0.00% | 6.80% |
| Income Taxes | 5.95% | 6.25% |
| Income per Cap. | $24,953 | $27,067 |
| Household Income | $58,077 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 15.17% | 12.10% |
| Income between 15K and 25K | 9.11% | 10.18% |
| Income between 25K and 35K | 8.38% | 10.56% |
| Income between 35K and 50K | 12.03% | 14.98% |
| Income between 50K and 75K | 16.49% | 19.53% |
| Income between 75K and 100K | 12.65% | 12.52% |
| Income between 100K and 150K | 16.23% | 12.14% |
| Income between 150K and 250K | 5.28% | 3.91% |
| Income between 250K and 500K | 4.27% | 3.34% |
| Income greater than 500K | 0.39% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.30% | 13.81% |
| Professional and Related Occupations | 32.66% | 22.68% |
| Service | 19.54% | 14.51% |
| Sales and Office | 24.82% | 25.22% |
| Farming, Fishing, and Forestry | 0.08% | 0.68% |
| Construction, Extraction, and Maintenance | 4.39% | 9.37% |
| Production, Transportation, and Material Moving | 7.29% | 15.86% |
The unemployment rate in Newark, DE, is 6.40%, with job growth of -0.70%. Future job growth over the next ten years is predicted to be 32.20%.
Newark, DE Taxes
Newark, DE,sales tax rate is 0.00%. Income tax is 5.95%.
Newark, DE Income and Salaries
The income per capita is $24,953, which includes all adults and children. The median household income is $58,077.
Newark Economy SperlingViews
Is mass transit to Philly good?: I am thinking of moving to Newark, but wanted to know if commuting to Philly is possible, especially outside of 9-5 hours. I see PATCO runs to Newark, but I don't know... (read more)Erratic: The climate here is more erratic than any other place I have lived. The weather can change from the 40's to the 80's within the span of a week during the... (read more)Honest Opinions about Delaware and Newark schools : We are considering a move to Delaware, but we don't know anything about the schools. We have family in the Newark area. Can anyone tell me where to stick to and where to... (read more)Have an opinion about Newark? Leave a commentTo See All SperlingViews for Newark Click Here
