2025 Compare Cities Economy:
Chicago, IL vs Newark, NJ

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Highlights
- Household income in Newark, is 37% less than it is in Chicago and is 67% below the National Average.
- Chicago unemployment rate is 9.0%.
- Newark unemployment rate is 13.0%.
 Chicago, ILNewark, NJUnited States
 Unemployment Rate  Unlock13.0%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth25.7%  Unlock33.5%
 Sales Taxes10.3%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$41,821  Unlock$37,638
 Household Income  Unlock$41,335$69,021
 Family Median Income$79,434  Unlock$85,028
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 Est. Households By Income
 Chicago, ILNewark, NJUnited States
 Income Less Than 15K  Unlock21.2%9.4%
 Income between 15K and 20K4.2%  Unlock3.8%
 Income between 20K and 30K  Unlock12.0%8.1%
 Income between 30K and 40K7.6%  Unlock8.0%
 Income between 40K and 50K  Unlock8.8%7.6%
 Income between 50K and 60K6.5%  Unlock7.2%
 Income between 60K and 75K  Unlock9.1%9.6%
 Income between 75K and 100K11.7%  Unlock12.8%
 Income between 100K and 150K  Unlock9.6%16.3%
 Income between 150K and 200K7.7%  Unlock7.8%
 Income greater than 200K  Unlock2.7%9.5%
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 Population By Occupation
 Chicago, ILNewark, NJUnited States
 Management, business, finance19.5%  Unlock16.4%
 Engineering, computers, science  Unlock2.8%6.5%
 Community, social services2.1%  Unlock1.8%
 Legal  Unlock0.5%1.2%
 Education, library6.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.2%2.0%
 Healthcare practitioners and technology5.7%  Unlock6.2%
 Healthcare support  Unlock6.0%3.3%
 Firefighters, law enforcement3.0%  Unlock2.1%
 Food preparation, serving  Unlock5.1%5.4%
 Building maintenance3.4%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support19.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair4.9%  Unlock8.1%
 Production, transportation, material moving  Unlock19.2%13.1%
Reviews for Chicago    270 Reviews

I've lived in Chicago city and later moved to suburbs when family size increased. Absolutely love this city. This is the cleanest and most beautiful among the major  More

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Chicago is probably the best value in a major city that you can find and my personal favorite city. It will become increasingly important as climate change makes the  More

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I've live on north side and south side, UIC medical center. Don't move here go to the north side. No good amenities, if you get bored with one there is no other choices.  More

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Reviews for Newark    26 Reviews

Over 4 years ago

Newark is straight garbage.  More

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Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

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Over 12 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

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