Economy in Newark, Delaware
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| Unemployment Rate | 6.90% | 8.60% |
| Recent Job Growth | 0.41% | 0.35% |
| Future Job Growth | 33.92% | 32.10% |
| Sales Taxes | 0.00% | 5.00% |
| Income Taxes | 5.55% | 4.70% |
| Income per Cap. | $25,703 | $26,154 |
| Household Income | $59,023 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 13.90% | 12.37% |
| Income between 15K and 25K | 9.14% | 10.53% |
| Income between 25K and 35K | 7.88% | 10.88% |
| Income between 35K and 50K | 12.66% | 15.37% |
| Income between 50K and 75K | 17.38% | 20.14% |
| Income between 75K and 100K | 13.90% | 12.41% |
| Income between 100K and 150K | 15.28% | 11.27% |
| Income between 150K and 250K | 7.59% | 5.01% |
| Income between 250K and 500K | 2.09% | 1.86% |
| Income greater than 500K | 0.21% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.48% | 14.04% |
| Professional and Related Occupations | 32.24% | 20.61% |
| Service | 16.16% | 14.45% |
| Sales and Office | 24.91% | 26.75% |
| Farming, Fishing, and Forestry | 0.14% | 0.70% |
| Construction, Extraction, and Maintenance | 5.20% | 9.42% |
| Production, Transportation, and Material Moving | 6.86% | 14.05% |
The unemployment rate in Newark, DE, is 6.90%, with job growth of 0.41%. Future job growth over the next ten years is predicted to be 33.92%.
Newark, DE Taxes
Newark, DE,sales tax rate is 0.00%. Income tax is 5.55%.
Newark, DE Income and Salaries
The income per capita is $25,703, which includes all adults and children. The median household income is $59,023.
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)Public schools ugh: Generally, Delaware public schools are dreadful. Most people that can afford it choose to invest in their child or children by sending them anywhere but to a Delaware... (read more)Have an opinion about Newark? Leave a commentTo See All SperlingViews for Newark Click Here
