Newark, DE Facts, Population, Income, Demographics, Economy

Cost of Living: March 2019 cost of living index in Newark: 102.3 (near average, U.S. average is 100)

Poverty (overall): Percentage of residents living in poverty in 2017: 24.8%

Poverty (breakdown): (23.8% for White Non-Hispanic residents, 23.0% for Black residents, 27.2% for Hispanic or Latino residents, 15.5% for other race residents, 20.8% for two or more races residents)

Ancestries: Ancestries: Irish (8.8%), American (8.7%), German (8.7%), Italian (8.4%), English (5.2%), Polish (3.8%).

Elevation: 125 feet

Median Incomes:
      Estimated median household income in 2017: $61,992 (it was $48,758 in 2000)
      Estimated per capita income in 2017: $28,331 (it was $20,376 in 2000)
      Estimated median house or condo value in 2017: $291,835 (it was $151,800 in 2000) Newark:$291,835DE:$252,800

Races:
      White alone - 24,175 - 72.4%
      Asian alone - 3,171 - 9.5%
      Black alone - 2,783 - 8.3%
      Hispanic - 2,361 - 7.1%
      Two or more races - 588 - 1.8%
      American Indian alone - 38 - 0.1%
      Other race alone - 31 - 0.09%
      Native Hawaiian and Other
>Pacific Islander alone - 5 - 0.01%

Schools have played a significant role in the history of Newark. A grammar school, founded by Francis Alison in 1743, moved from New London, Pennsylvania to Newark in 1765, becoming the Newark Academy. Among the first graduates of the school were three signers of the Declaration of Independence: George Read, Thomas McKean, and James Smith. Two of which, Read and McKean, went on to have schools named after them in the state of Delaware: George Read Middle School and Thomas McKean High School.