Newark, NJ Facts, Population, Income, Demographics, Economy

Median Rent: Median gross rent in 2017: $1,063.

Poverty (overall): Percentage of residents living in poverty in 2017: 27.8%

Poverty (breakdown): (16.5% for White Non-Hispanic residents, 30.7% for Black residents, 27.9% for Hispanic or Latino residents, 30.9% for American Indian residents, 28.3% for Native Hawaiian and other Pacific Islander residents, 29.5% for other race residents, 36.9% for two or more races residents)

Ancestries: Ancestries: Portuguese (4.0%), Brazilian (3.7%), American (3.1%), African (1.8%), Nigerian (1.2%), Haitian (1.1%).

Elevation: 95 feet

Zip Codes: 07102, 07103, 07104, 07105, 07106, 07108, 07111, 07112, 07114

Median Incomes:
      Estimated median household income in 2017: $35,167 (it was $26,913 in 2000)
      Estimated per capita income in 2017: $18,812 (it was $13,009 in 2000)
      Estimated median house or condo value in 2017: $235,000 (it was $132,800 in 2000) Newark:$235,000NJ:$334,900

The name of the city is thought to derive from Newark-on-Trent, England, because of the influence of the original pastor, Abraham Pierson, who came from Yorkshire but may have ministered in Newark, Nottinghamshire. But Pierson is also supposed to have said that the community reflecting the new task at hand should be named "New Ark" for "New Ark of the Covenant and some of the colonists saw it as "New-Work", the settlers' new work with God. Whatever the origins, the name was shortened to Newark, although references to the name "New Ark" are found in preserved letters written by historical figures such as David Ogden in his claim for compensation, and James McHenry, as late as 1787.