Newark (zip 07103), New Jersey 

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Population

32,964

-0.3% since 2020

Unemployment Rate

13.0%

Median Income

$28,176

Median Home Price

$294,000

Median Age

31.3

Comfort Index (Climate)

8.6 / 5.4

summer / winter

Best Places to Live in Newark (zip 07103), New Jersey

National center - Southeast corner of New York State, at mouth of Hudson River. September, June and May are the most pleasant months in the 07103 zip code, while January and February are the least comfortable months.
Zip Codes: Newark (zip 07103)
Cost of Living: 9.5% higher
Time zone: Eastern Standard Time (EST)
Elevation: 87 ft above sea level

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Newark, NJ Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Median Home ValueHomes less than 10 yrs old
Most Expensive HomesAll Single Family Homes
Pros
Arts and culture
Economic center
Education
Cons
Cost of living and housing
Crowded lifestyle
Weak future job growth


What Bert Has To Say About New York-Newark-Jersey City Metro Area

New York is the largest metro area in the United States. It includes the island of Manhattan, an eight-county area immediately north, western Long Island, and Staten Island. It is the fourth largest in the world behind Tokyo, Mexico City, and Sao Paulo, Brazil. Regardless of how the area is defined, New York is among the richest and most complex places to live in America.


Highlights

ECONOMY
The unemployment rate in Newark (zip 07103) is 13.0% (U.S. avg. is 6.0%). Recent job growth is Negative. Newark (zip 07103) jobs have decreased by 0.7%. More Economy

COST OF LIVING
Compared to the rest of the country, Newark (zip 07103)'s cost of living is 9.5% higher than the U.S. average. More Cost of Living or Compare Newark (zip 07103)'s Cost of Living

WEATHER & CLIMATE
September, June and May are the most pleasant months in the 07103 zip code, while January and February are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, Essex county remained overwhelmingly Democratic, 77.1% to 21.8%. More Voting Stats

POPULATION
Newark (zip 07103)'s population is 32,964 people. Since 2020, it has had a population decline of 0.3%. Learn More...

TRANSPORTATION
Average Commute time is 33.8 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Newark (zip 07103) is Real Estate: $294,000. Home appreciation the last 10 years has been 15.3%.

SCHOOLS
Newark (zip 07103) public schools spend $33,467 per student. The average school expenditure in the U.S. is $12,383. There are about 11.4 students per teacher in Newark (zip 07103). More Education



Best Places to Live in Newark Rankings


Housing Market in Newark

It's a good time to buy in Newark. Home Appreciation is up 19.2% in the last 12 months.
The median home price in Newark is $294,000.
Real Estate: See Homes

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MAPS OF NEWARK (ZIP 07103), NEW JERSEY
Newark,New Jersey County Map
ZIP CODES IN NEWARK (ZIP 07103), NEW JERSEY
Newark (zip 07103)

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