\nNewark, Delaware is a city with a population of just over 33,000 and home to the University of Delaware. Newark is known for its beautiful green space and close proximity to major cities such as Philadelphia and Baltimore. Living in Newark is fairly affordable, with two bedroom apartment rents averaging around $1,540 per month compared to the US average of $1,430. Groceries also cost slightly more than the national average with an index score of 106 versus 100 in the US. There are many local companies offering employment opportunities in Newark such as ChristianaCare Hospital, Walmart Neighborhood Market, Amazon Fulfillment Center and Terumo Medical Corporation.
Newark (zip 19711) has an unemployment rate of 5.6%. The US average is 6.0%.
Newark (zip 19711) has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Newark (zip 19711)
- The Sales Tax Rate for Newark (zip 19711) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Newark (zip 19711) is 6.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newark (zip 19711)
- The average income of a Newark (zip 19711) resident is $42,762 a year. The US average is $37,638 a year.
- The Median household income of a Newark (zip 19711) resident is $80,660 a year. The US average is $69,021 a year.