2026 Compare Cities Economy:
Newark, NJ vs Troy, MI

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Highlights
- Household income in Troy, is 160% more than it is in Newark and is 36% above the National Average.
- Newark unemployment rate is 13.0%.
- Troy unemployment rate is 2.9%.
 Newark, NJTroy, MIUnited States
 Unemployment Rate  Unlock2.9%6.0%
 Recent Job Growth  Unlock0.3%1.6%
 Future Job Growth18.1%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock4.3%4.6%
 Income per Cap.$22,194  Unlock$37,638
 Household Income  Unlock$107,550$69,021
 Family Median Income$48,589  Unlock$85,028
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 Est. Households By Income
 Newark, NJTroy, MIUnited States
 Income Less Than 15K  Unlock6.1%9.4%
 Income between 15K and 20K6.2%  Unlock3.8%
 Income between 20K and 30K  Unlock4.6%8.1%
 Income between 30K and 40K9.5%  Unlock8.0%
 Income between 40K and 50K  Unlock3.9%7.6%
 Income between 50K and 60K7.8%  Unlock7.2%
 Income between 60K and 75K  Unlock7.2%9.6%
 Income between 75K and 100K9.7%  Unlock12.8%
 Income between 100K and 150K  Unlock21.7%16.3%
 Income between 150K and 200K3.5%  Unlock7.8%
 Income greater than 200K  Unlock19.4%9.5%
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 Population By Occupation
 Newark, NJTroy, MIUnited States
 Management, business, finance8.8%  Unlock16.4%
 Engineering, computers, science  Unlock20.2%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library4.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.9%2.0%
 Healthcare practitioners and technology3.0%  Unlock6.2%
 Healthcare support  Unlock1.6%3.3%
 Firefighters, law enforcement4.3%  Unlock2.1%
 Food preparation, serving  Unlock2.8%5.4%
 Building maintenance6.7%  Unlock3.6%
 Personal care  Unlock2.5%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  Unlock5.8%13.1%
Reviews for Newark    26 Reviews

Over 5 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 13 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 Troy    9 Reviews

Over 5 years ago

, corruption is like  More

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Over 7 years ago

no one ever visited Troy, that writes this stuff,, Troy has a Black out, of any city corruption, most of the elected city are from the same zip code. and the heavy  More

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Over 9 years ago

This is the safest place to live in Michigan. The schools are ranked in the top of both the state and in the US. When our kids graduated 98% of the graduates went on  More

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