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Newark, Delaware Mortgage and Housing Information

Population: 28,547
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000		$74,800

Value of Houses and Condos

A comparison of the average prices of homes in Newark, Delaware and the U.S.
U.S.DelawareNewark
Median home value
in year 2000		$111,800$122,000$151,800

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.DelawareNewark
With a mortgage$1,088$1,101$1,200
Without a mortgage$295$267$297

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Newark (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage1,12524.3%
First Mortgage Only2,53554.8%
Second Mortgage and/or Home Equity Loan96920.9%
Total4,629100%

Tenancy in Newark

How many people in Newark live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes4,895
Renter-occupied homes4,094
Homes for sale56
Homes for rent170
Total9,294

Age of Newark Residents

Median age for males and females (2000).
Males 23
Females 22

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.DelawareNewark
Median Earnings$23,755$25,910$9,340
Median Earnings, Males$29,458$31,175$15,625
Median Earnings, Females$18,957$21,364$6,850

Males earn $8,775 (128.1%) more than Females in Newark.

Commuting in Newark

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo9,734
Carpooled1,190
Public Transit554
Bicycle219
Walking1,824
Other Means160
Total, Commuted13,681
Worked from home334
Total14,015

Time Spent Commuting in Newark

Time spent commuting in Newark
Time spent in minutesNumber of People
Less than 5467
5-92,114
10-142,495
15-192,365
20-241,936
25-29932
30-341,383
35-39284
40-44395
45-59576
60-89505
Over 90229

Education

Level of higher education for people over 25 years in Newark (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College1,08218.1%1,14019.0%
Associate Degree3145.2%4898.2%
Bachelor's Degree1,81830.3%1,89331.6%
Master's Degree84614.1%84814.2%
Professional Degree1081.8%1192.0%
Doctorate Degree60010.0%2434.1%
Total (at least some college)4,76879.6%4,73271.5%
Total over 255,992100%6,618100%

Comments on Newark

July 31st, 2008

Newark is actually pronouned New-Ark. I was surprised when I first heard that

– Unregistered User

Latest comment on Newark

July 31st, 2008

Newark is actually pronouned New-Ark. I was surprised when I first heard that

– Unregistered User

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