Economy in Newark, New York
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Economy
| Unemployment Rate | 9.10% | 9.10% |
| Recent Job Growth | -1.03% | -0.12% |
| Future Job Growth | 28.84% | 31.25% |
| Sales Taxes | 8.00% | 6.80% |
| Income Taxes | 6.85% | 6.25% |
| Income per Cap. | $22,407 | $27,067 |
| Household Income | $39,578 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 15.83% | 12.10% |
| Income between 15K and 25K | 15.88% | 10.18% |
| Income between 25K and 35K | 13.46% | 10.56% |
| Income between 35K and 50K | 16.32% | 14.98% |
| Income between 50K and 75K | 18.02% | 19.53% |
| Income between 75K and 100K | 10.92% | 12.52% |
| Income between 100K and 150K | 6.82% | 12.14% |
| Income between 150K and 250K | 0.73% | 3.91% |
| Income between 250K and 500K | 1.75% | 3.34% |
| Income greater than 500K | 0.27% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.75% | 13.81% |
| Professional and Related Occupations | 25.92% | 22.68% |
| Service | 15.27% | 14.51% |
| Sales and Office | 22.52% | 25.22% |
| Farming, Fishing, and Forestry | 0.21% | 0.68% |
| Construction, Extraction, and Maintenance | 7.18% | 9.37% |
| Production, Transportation, and Material Moving | 24.14% | 15.86% |
The unemployment rate in Newark, NY, is 9.10%, with job growth of -1.03%. Future job growth over the next ten years is predicted to be 28.84%.
Newark, NY Taxes
Newark, NY,sales tax rate is 8.00%. Income tax is 6.85%.
Newark, NY Income and Salaries
The income per capita is $22,407, which includes all adults and children. The median household income is $39,578.
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