Home / Select Cities  /  2024 Comparing Newark, NJ vs. Indianapolis, IN

2024 Compare Cities Housing:
Newark, NJ vs Indianapolis, IN

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Highlights
- The median age of a home in Newark is 9.1% older than the median age of a home in Indianapolis.

Housing
 Newark, NJIndianapolis, INUnited States
 Median Home Age555042
 Median Home Cost$385,700$221,900$338,100
 Home Appr. Last 12 months9.7%17.3%16.6%
 Home Appr. Last 5 yrs.46.3%67.7%57.0%
 Home Appr. Last 10 yrs.68.7%105.6%101.1%
 Property Tax Rate$25.0$10.1$11.0
 Homes Owned21.1%48.5%57.4%
 Housing Vacant9.1%10.9%11.2%
 Homes Rented69.8%40.5%31.4%
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 Avg Rent For Home Or Apartment
 Newark, NJIndianapolis, INUnited States
 Average Rent$1,740$1,410$1,840
 Studio Apartment$980$790$1,080
 1 Bedroom Home or Apartment$1,160$920$1,180
 2 Bedroom Home or Apartment$1,390$1,090$1,430
 3 Bedroom Home or Apartment$1,760$1,430$1,860
 4 Bedroom Home or Apartment$2,070$1,710$2,160
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 Vacant Housing
 Newark, NJIndianapolis, INUnited States
 Vacant For Rent3.2%2.8%1.9%
 Vacant Rented0.2%0.5%0.4%
 Vacant For Sale0.5%0.6%0.7%
 Vacant Sold0.2%0.3%0.4%
 Vacant Vacation0.1%0.2%3.6%
 Vacant Other5.0%6.5%4.1%
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 Owner-Occupied Housing Value
 Newark, NJIndianapolis, INUnited States
 Less Than $20,0004.6%2.0%2.6%
 $20,000 to $39,9990.6%2.1%2.4%
 $40,000 to $59,9991.0%4.0%2.8%
 $60,000 to $79,9991.1%7.7%3.9%
 $80,000 to $99,9991.2%8.0%4.5%
 $100,000 to $149,9998.1%23.1%11.3%
 $150,000 to $199,99914.6%20.6%13.0%
 $200,000 to $299,99926.3%17.7%20.1%
 $300,000 to $399,99921.8%7.2%13.6%
 $400,000 to $499,99911.5%3.1%8.3%
 $500,000 to $749,9995.8%2.9%9.7%
 $750,000 to $999,9992.3%1.0%3.9%
 $1,000,000 to $1,499,9990.3%0.5%2.2%
 $1,500,000 to $1,999,9990.0%0.1%0.8%
 $2,000,000 and over0.8%0.2%1.1%
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 Housing Units By Year Built
 Newark, NJIndianapolis, INUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 201412.0%9.2%13.6%
 2000 to 200912.0%9.2%13.6%
 1990 to 199911.1%12.5%13.6%
 1980 to 19897.4%11.5%13.2%
 1970 to 197910.6%12.9%14.8%
 1960 to 196911.1%12.5%13.6%
 1950 to 195910.9%12.8%10.0%
 1940 to 19499.3%6.2%4.7%
 1939 or Earlier23.3%16.3%12.2%

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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 Indianapolis    153 Reviews

No car? This city is built for cars. Not friendly to pedestrians; the lack of sidewalks is confounding. Public transportation is limited, with a "spoke wheel" layout  More

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Over 3 years ago

This is a response to another review, but everything I say here is true and I have been a lifelong Indy resident and feel this needs said. The only factual part is  More

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Over 3 years ago

Housing is overpriced unless you want to live in a **** hole with cockroaches, mold, cars broken into. There's way too many potholes. Theres a deadly shooting everyday.  More

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ZIPS IN NEWARK, NEW JERSEY
07105 07104 07107 07106 07103 07112 07108 07114 07102
ZIPS IN INDIANAPOLIS, INDIANA
46254, 46237, 46203, 46222, 46220, 46217, 46235, 46241, 46201, 46234, 27 total

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