2025 Compare Cities Economy:
Newark, NJ vs Cape Coral, FL

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Highlights
- Household income in Cape Coral, is 58% more than it is in Newark and is 6% below the National Average.
- Newark unemployment rate is 13.0%.
- Cape Coral unemployment rate is 4.6%.
 Newark, NJCape Coral, FLUnited States
 Unemployment Rate  Unlock4.6%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth18.1%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$22,194  Unlock$37,638
 Household Income  Unlock$65,282$69,021
 Family Median Income$48,589  Unlock$85,028
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 Est. Households By Income
 Newark, NJCape Coral, FLUnited States
 Income Less Than 15K  Unlock7.6%9.4%
 Income between 15K and 20K6.2%  Unlock3.8%
 Income between 20K and 30K  Unlock8.7%8.1%
 Income between 30K and 40K9.5%  Unlock8.0%
 Income between 40K and 50K  Unlock9.1%7.6%
 Income between 50K and 60K7.8%  Unlock7.2%
 Income between 60K and 75K  Unlock11.2%9.6%
 Income between 75K and 100K9.7%  Unlock12.8%
 Income between 100K and 150K  Unlock17.2%16.3%
 Income between 150K and 200K3.5%  Unlock7.8%
 Income greater than 200K  Unlock5.2%9.5%
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 Population By Occupation
 Newark, NJCape Coral, FLUnited States
 Management, business, finance8.8%  Unlock16.4%
 Engineering, computers, science  Unlock4.1%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library4.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.6%2.0%
 Healthcare practitioners and technology3.0%  Unlock6.2%
 Healthcare support  Unlock2.5%3.3%
 Firefighters, law enforcement4.3%  Unlock2.1%
 Food preparation, serving  Unlock7.4%5.4%
 Building maintenance6.7%  Unlock3.6%
 Personal care  Unlock3.0%2.6%
 Sales, office, administrative support19.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair12.3%  Unlock8.1%
 Production, transportation, material moving  Unlock10.9%13.1%
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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Reviews for Cape Coral    48 Reviews

95% of Cape Coral is a lifeless & soulless money-making area, yet the local hypocrisy goes as far as blaming every issue on the recent hurricane, which one has literally  More

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Over 7 years ago

I moved to the area from Bradenton/Sarasota area. Lived here since 2003. My youngest has been in day care all the way to a sophomore in high school now. Schools are  More

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Over 10 years ago

Growing community with lots of land.   More

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