Newark, California is a great place to live! With an estimated population of 53,213, Newark is the ideal area for those looking for a suburban retreat with urban amenities. The 2 bedroom rent in 94560 Newark is $2,760 which is far less expensive than the US average of $1,430. Grocery cost index in 94560 Newark is 112 versus 100 in the US - an indication that goods and services in Newark are slightly more expensive than national averages.
Located within this small city you can find several local businesses such as Milpitas Garden Chinese Restaurant, Dynasty Halal Foods & Catering Services and Mission Linens & Uniforms. Whether you're looking for a delicious meal, catering services or uniforms for your business - you can find it all right here in 94560 Newark!
Newark (zip 94560) has an unemployment rate of 5.8%. The US average is 6.0%.
Newark (zip 94560) has seen the job market decrease by -9.0% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Newark (zip 94560)
- The Sales Tax Rate for Newark (zip 94560) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Newark (zip 94560) is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newark (zip 94560)
- The average income of a Newark (zip 94560) resident is $53,192 a year. The US average is $37,638 a year.
- The Median household income of a Newark (zip 94560) resident is $144,011 a year. The US average is $69,021 a year.