2024 Compare Cities Economy:
Newark, NJ vs Cary, NC

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Highlights
- Household income in Cary, is 175% more than it is in Newark and is 39% above the National Average.
- Newark unemployment rate is 13.0%.
- Cary unemployment rate is 3.1%.
 Newark, NJCary, NCUnited States
 Unemployment Rate13.0%3.1%6.0%
 Recent Job Growth-0.7%3.0%1.6%
 Future Job Growth18.1%44.6%33.5%
 Sales Taxes6.6%7.3%6.2%
 Income Taxes5.5%5.3%4.6%
 Income per Cap.$22,194$55,710$37,638
 Household Income$41,335$113,782$69,021
 Family Median Income$48,589$140,789$85,028
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 Est. Households By Income
 Newark, NJCary, NCUnited States
 Income Less Than 15K21.2%4.2%9.4%
 Income between 15K and 20K6.2%1.1%3.8%
 Income between 20K and 30K12.0%3.9%8.1%
 Income between 30K and 40K9.5%4.2%8.0%
 Income between 40K and 50K8.8%5.5%7.6%
 Income between 50K and 60K7.8%5.4%7.2%
 Income between 60K and 75K9.1%7.8%9.6%
 Income between 75K and 100K9.7%11.6%12.8%
 Income between 100K and 150K9.6%19.8%16.3%
 Income between 150K and 200K3.5%13.3%7.8%
 Income greater than 200K2.7%23.1%9.5%
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 Population By Occupation
 Newark, NJCary, NCUnited States
 Management, business, finance8.8%25.6%16.4%
 Engineering, computers, science2.8%22.1%6.5%
 Community, social services2.3%2.0%1.8%
 Legal0.5%1.4%1.2%
 Education, library4.8%7.0%6.2%
 Arts, design, media, sports, entertainment1.2%2.1%2.0%
 Healthcare practitioners and technology3.0%6.4%6.2%
 Healthcare support6.0%1.2%3.3%
 Firefighters, law enforcement4.3%0.8%2.1%
 Food preparation, serving5.1%3.5%5.4%
 Building maintenance6.7%1.6%3.6%
 Personal care2.9%1.7%2.6%
 Sales, office, administrative support19.9%16.1%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair12.3%2.8%8.1%
 Production, transportation, material moving19.2%5.7%13.1%
Reviews for Newark    26 Reviews

Over 3 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 11 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 Cary    63 Reviews

Cary is up-and-coming “cool.” The downtown is revitalized and growing. The town takes urban planning very seriously. The home prices have definitely spiked in the last  More

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Over 7 years ago

I've lived in NY, CT, MA, and in Miami FL. Now here in Cary NC for the past 10 years. For what I want and need at this phase of my life, I really like it here! All the  More

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Over 7 years ago

As a Real Estate Agent, I consider Cary the most central location in the Triangle, it basically takes you twenty minutes to get to Chapel Hill, Carrboro, Hillsborough,   More

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