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2024 Compare Cities Economy:
Norwood, MA vs Newark, NJ

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Highlights
- Household income in Newark, is 57% less than it is in Norwood and is 67% below the National Average.
- Norwood unemployment rate is 5.8%.
- Newark unemployment rate is 13.0%.

Economy
 Norwood, MANewark, NJUnited States
 Unemployment Rate5.8%13.0%6.0%
 Recent Job Growth4.3%-0.7%1.6%
 Future Job Growth40.8%18.1%33.5%
 Sales Taxes6.3%6.6%6.2%
 Income Taxes5.1%5.5%4.6%
 Income per Cap.$54,645$22,194$37,638
 Household Income$96,414$41,335$69,021
 Family Median Income$120,146$48,589$85,028
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 Est. Households By Income
 Norwood, MANewark, NJUnited States
 Income Less Than 15K6.5%21.2%9.4%
 Income between 15K and 20K3.1%6.2%3.8%
 Income between 20K and 30K5.0%12.0%8.1%
 Income between 30K and 40K6.9%9.5%8.0%
 Income between 40K and 50K4.9%8.8%7.6%
 Income between 50K and 60K4.4%7.8%7.2%
 Income between 60K and 75K7.8%9.1%9.6%
 Income between 75K and 100K12.6%9.7%12.8%
 Income between 100K and 150K20.4%9.6%16.3%
 Income between 150K and 200K10.9%3.5%7.8%
 Income greater than 200K17.5%2.7%9.5%
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 Population By Occupation
 Norwood, MANewark, NJUnited States
 Management, business, finance22.1%8.8%16.4%
 Engineering, computers, science10.5%2.8%6.5%
 Community, social services2.8%2.3%1.8%
 Legal1.4%0.5%1.2%
 Education, library7.1%4.8%6.2%
 Arts, design, media, sports, entertainment2.5%1.2%2.0%
 Healthcare practitioners and technology7.5%3.0%6.2%
 Healthcare support3.2%6.0%3.3%
 Firefighters, law enforcement1.1%4.3%2.1%
 Food preparation, serving4.1%5.1%5.4%
 Building maintenance2.3%6.7%3.6%
 Personal care2.5%2.9%2.6%
 Sales, office, administrative support19.8%19.9%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair5.7%12.3%8.1%
 Production, transportation, material moving7.4%19.2%13.1%

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Reviews for Norwood    1 Reviews

Norwood is well run and has an excellent police and fire dept. Location is terrific. Halfway between Providence and Boston. 2 rail stations in the town convenience to  More

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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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ZIPS IN NORWOOD, MASSACHUSETTS
No Zip Codes Here.
ZIPS IN NEWARK, NEW JERSEY
07105 07104 07107 07106 07103 07112 07108 07114 07102

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