Cost of Living in Newark, California
Newark has a population of about 46,903. The median household income is $169,064, median gross rent is $2,776/month, and the median home value is $1,142,800. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Newark expensive to live in?
Compared with the national median in this dataset, rent in Newark is 68% above the national median and home values are 205% above the national median. Household income here is 101% above the national median. Monthly rent represents roughly 20% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Newark?
The median gross rent in Newark, California is $2,776 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Newark?
The median owner-occupied home value in Newark is $1,142,800 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Newark?
The median household income in Newark is $169,064 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.