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Are you mulling over moving to Newark, New Jersey?

Newark is one of the most diverse cities in the state and one of the best places to live in New Jersey.

Newark’s amazing outdoor spots, top-quality education and thrilling nightlife makes a one of the most coveted places for millennials

If you’re considering moving to Newark and wondering if the city is right for you or not, this guide contains all you need to know to make the right decision.

Read on to find out if moving to Newark is right for you.

QuickFacts

Quick Facts To Know If You’re Moving To Newark, New Jersey

  • Newark averages 206 sunny days per year
  • Property prices in Newark are much lower than in NYC
  • Newark is one of the most tolerant cities in New Jersey
  • Newark’s future job growth is predicted to hit 18.09%
  • Newark’s average rent for 1-bedroom home or apartment is $1,062
  • Newark’s average annual pay for average jobs is $76,950 a year

What's the Population of Newark, New Jersey?

The population of Newark is 318,431 people. The city is nestled in Essex County New Jersey. Here’s a quick breakdown of the city’s population since you’re considering moving to Newark:

  • Newark’s population is currently growing at a rate of 1.09% annually
  • Newark’s population has increased by 2.21% since the last census
  • Newark’s median age is 34.4 years
  • The median age is 34.4 years for males and 35.6 years for females

How Fast Can You Commute In Newark, New Jersey?

Newark’s average one-way commute time takes 35.5 minutes. The American average is 26.4 minutes. A shorter commuting time means you’ll have more time for yourself and your loved ones. Here’s how the city’s residents get to work since you’re mulling over moving to Newark, New Jersey:

  • About 51.3% drive their own car alone
  • Up to 11.2% carpool with others
  • Around 1.7% work from home
  • About 26.3% take mass transit

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How Is The Weather Like In Newark, New Jersey?

Newark averages 206 sunny days per year. The U.S. average is 205 sunny days. One of the key things you’ll have to consider before making up your mind about moving to Newark is the weather. To give you an idea of what to expect, the following are key stats about the city’s weather and climate:

  • Newark’s summer high in July is around 86 degrees
  • Newark’s winter low in January is around 23 degrees
  • Newark averages 26 inches of snow per year. The U.S. average is 28 inches
  • Newark averages 48 inches of rain a year. The U.S. average is 38 inches
  • Newark gets 116 days of precipitation every year
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Top 10 Reasons To Move To Newark, New Jersey

Why are people moving to Newark, NJ? Every year, thousands of people move in and out of the city and there are several reasons for that.

The following are the top ten reasons people are moving to Newark, NJ:

  • Newark is home to many recreational spots to unwind
  • You can try many tasty foods in Newark
  • Many decent shopping opportunities in and around Newark
  • You can experience real seasons in Newark
  • Newark has an international airport
  • Newark has pretty decent air quality
  • Newark has a decent art scene
  • You can meet people from many different cultures
  • Many excellent schools and colleges near Newark
  • You can enjoy solid nightlife in Newark
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Pros & Cons Of Moving To Newark, New Jersey

Once you figure out the pros and cons of moving to Newark, you’ll find it easier to decide if the city is right for you.

The following are the key pros and cons of moving to Newark, New Jersey:

Pros of living in Newark
  • Decent public transport in Newark, NJ
  • Newark is not as crowded as NYC
  • You can easily get around by car
  • You can get around in Newark by bicycle in an efficient manner
  • Newark is one of the most tolerant cities in New Jersey
  • You can make really good friends in Newark
  • Property prices in Newark are much lower than in NYC
  • Easier to find a place to stay than in NYC
  • Living costs in Newark are lower than in other major cities
  • You can meet people from many different cultures
Cons of living in Newark
  • Rents have already increased significantly in Newark
  • Low median income in Newark
  • Many people struggle to make a living in Newark
  • Homelessness is a big problem
  • Gap between the poor and the rich increases in Newark
  • You will not find many great sports teams in Newark
  • High crime rate in Newark
  • Unemployment is a problem in Newark
  • Cold winters may be annoying
  • Many dodgy neighborhoods in Newark

Best Neighborhoods To Live In If You’re Moving To Newark, New Jersey

Newark is home to several beautiful and livable neighborhoods. You’ll most likely be interested in some of the best places to live in the city. Here’s a list of the ten best neighborhoods in the city since you’re considering moving to Newark, New Jersey:

Rank Neighborhood Population Home Value Median Income
1. North Ironbound 43,436 $220,131 $45,242
2. Lower Vailsburg 17,181 $180,792 $49,386
3. South Ironbound 8,225 $258,362 $43,950
4. Upper Roseville 17,368 $214,031 $36,765
5. Forest Hill 22,701 $210,724 $33,687
6. North Broadway 10,921 $221,443 $33,740
7. Upper Vailsburg 14,689 $175,305 $43,529
8. Weequahic 20,878 $188,375 $39,947
9. Central Business District 5,389 $129,883 $42,834
10. Mount Pleasant 7,187 $164,700 $33,803

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Cost of Living in Newark, New Jersey

The cost of living in Newark is 119.5. The U.S. average is 100. This means that Newark’s cost of living is higher than the U.S. average.

The following is a simple breakdown of the key elements that makes up the city’s cost of living since you’re considering moving to Newark, New Jersey:

Living Expense Newark New Jersey National Average
Overall 119.5 121 100
Grocery 103.7 107 100
Health 90.9 100 100
Housing 114.7 160 100
Median Home Cost $351,700 $397,900 $291,700
Utilities 114.1 106 100
Transportation 156.1 98 100
Miscellaneous 115.7 108.7 100

How Is The Job Market In Newark, New Jersey?

Getting a job in Newark is easier compared to other similar-sized cities across the country.

If you’re interested in moving to Newark and getting a new job, the following are key stats to note:

  • Newark’s unemployment rate is 13.0%. The American average is 6.0%
  • Newark’s job growth has been on the negative so far
  • Newark’s jobs have decreased by 0.7% over the past year
  • Newark’s future job growth is predicted to hit 18.09%

Here’s a table that shows a simple breakdown of Newark’s job market:

Employment Information Newark, New Jersey United States
The income per Cap $18,357 $31,177
Household Income $34,826 $57,652
Unemployment Rate 13 6.0%
Recent Job Growth -7.26% -6.18%
Future Job Growth 18.09% 33.51%

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Fastest Growing Jobs In Newark, New Jersey

If you’re interested in getting a job faster, you shouldn’t hesitate to take a look at the fastest-growing jobs in Newark. The following are the top ten fastest-growing jobs in the city since you’re considering moving to Newark, New Jersey.

Rank Job Title Growth % Average Salary Jobs in 2024
1 Home Health Aid 145.0% $23,230 51,000
2 Operations Analyst 136.3% $95,200 2,930
3 Physical Therapist Assistant 135.9% $64,230 1,740
4 Physical Therapy Aide 131.2% $27,540 4,880
5 Physical Therapist 129.4% $96,890 9,760
6 Nurse Practitioner 128.2% $115,230 4,230
7 Physician Assistant 126.1% $110,950 2,320
8 Occupational Therapist 122.9% $91,660 4,620
9 Optometrist 122.2% $111,860 1,210
10 Diagnostic Medical Sonographer 122.2% $73,850 2,480
Top Career Options In Newark, New Jersey

Surgeons and Chief executives are the highest paying jobs in Newark, NJ. If you’re moving to Newark, you’ll most likely be interested in the city’s highest-paying jobs. The following are the city’s highest paying jobs since you’re considering moving to Newark, NJ:

Rank Job Title Average Salary Entry Level Salary # Of People
1 Surgeons $254,860 $137,670 460
2 Chief Executives $232,340 $134,940 210
3 Psychiatrists $230,820 $169,720 170
4 Nurse Anesthetists $207,550 $134,640 50
5 Dentists, All Other Specialists $206,270 $57,520 80
6 Natural Sciences Managers $199,960 $110,730 2,080
7 Pediatricians, General $182,310 $131,090 320
8 Physicians and Surgeons, All Other $172,580 $54,470 4,960
9 Marketing Managers $170,320 $93,980 4,280
10 General and Operations Managers $170,110 $73,730 15,160

Best Companies To Work For If You’re Moving To Newark, New Jersey

You’ll find lots of top-quality companies to work for if you’re moving to Newark, NJ. The city is home to various businesses and organizations. The following are the best companies to work for if you’re moving to Newark, NJ:

  • Sills Cummis & Gross P.C.
  • Panasonic
  • The Prudential Insurance Company of America, Inc.
  • Prudential Financial
  • McCarter & English
  • Audible
  • PSEG
  • NJ Transit
  • Prudential Investment Management Services LLC
  • Edison Properties

What's the Average Salary & Income in Newark, New Jersey?

The kind of job your do and your level of expertise will most likely determine your average salary and income in New Jersey. Let’s find out how much people are earning on average in the city, since you’re considering moving to Newark:

  • Newark’s average annual pay for average jobs is $76,950 a year
  • Newark’s average hourly pay for average jobs is $37.00 an hour
  • Newark’s average weekly pay for average jobs is $1,480 per week
  • Newark’s average monthly pay for average jobs is $6,412 per month
  • Newark’s top earners (90th percentile) making $102,670 annually

Major Industries In Newark, New Jersey

Newark is home to several leading industries in New Jersey. Moving to New Jersey means you’ll get the chance to be a part of any of the state’s leading industries. The best part is that these industries are known for propelling the state’s economy.

  • Transportation & Warehousing
  • Health Care & Social Assistance
  • Construction
  • Administrative & Support & Waste Management Services
  • Retail Trade
  • Educational Services
  • Financial Services
  • Advanced Manufacturing
  • Technology
  • Transportation and Logistics

How Is The Housing Market Of Newark, New Jersey?

Buying a home might be your preferred housing choice if you’re moving to Newark, NJ. Currently, there are more renters in the city than homeowners. To give you an idea of what to expect, we collated key stats about the city’s housing market since you’re considering moving to Newark, New Jersey.

  • Newark’s median home cost is $351,700
  • Over the last 10 years, Newark’s home values increased by 68.0%
  • Newark’s home appreciation is up by 15.8%
  • Around 65.5% of Newark’s population are renters
  • Up to 5.4% of homes and apartments in Newark are open to rent

Average Rental Prices In Newark, New Jersey

Renting a home after moving to Newark New Jersey can be a good housing option. The type of home you want and the location you choose will determine the rent you’ll have to pay. Here’s a quick breakdown of the average cost of renting a home in Newark:

  • Newark’s average rent for a studio apartment is $883
  • Newark’s average rent for 1-bedroom home or apartment is $1,062
  • Newark’s average rent for a 2-bedroom home or apartment is $1,285
  • Newark’s average rent for a 3-bedroom home or apartment is $1,639
  • Newark’s average rent for a 4-bedroom home or apartment is $1,954

New Jersey taxes

If you’re moving to Newark from out of state, you may have to get familiar with New Jersey’s taxes.

The following are the key components that make up the city’s taxes. This will give you an idea of what to expect if you’re moving to Newark, New Jersey:

  • New Jersey’s income tax is 1.40% - 10.75%
  • New Jersey’s sales tax is 3.3225% - 6.625%
  • Property tax in New Jersey is 2.42% average effective rate
  • New Jersey’s gas tax is 10.50 cents per gallon of regular gasoline
  • Per gallon of diesel, New Jersey’s gas tax is 13.50 cents

What Are the Best Things to Do if You Move To Newark, New Jersey?

There are no dull moments in Newark, NJ. You’ll find lots of exciting things to do and beautiful places and attractions to visit. The following are the best things to do in the city if you’re moving to Newark, New Jersey:

  • Get in touch with your jazzy side at The Priory
  • Fill up at Hobby's Delicatessen & Restaurant
  • Wander between the sculptures in Military Park
  • See cultural past at the Jewish Museum of New Jersey
  • Have a tipple and the Gaslight Brewery & Restaurant
  • See a show at the New Jersey Performing Arts Center
  • See the cherry blossoms at Branch Brook Park
  • See Tibetan treasures at the Newark Museum
  • Wonder at the Cathedral Basilica of the Sacred Heart
  • Get the luck of the Irish at the Kilkenny Ale House
  • Catch the New Jersey Devils at The Rock
  • Delve into the laboratories at the Thomas Edison National Historical Park
  • See the city lights twinkle from Riverfront Park
  • Sample the multicultural flavors of the Ironbound neighborhood
  • See urban art at its best at the City Without Walls

How Safe Is Moving To Newark, New Jersey?

Is Newark safe for you and your loved ones? Safety is one of the key things you’ll have to consider before moving to Newark. To give you an idea of what to expect, we’ve collated key stats about the city’s crime rates. The following stats will make it easier for you to figure out if moving to Newark is right for you or not:

  • The violent crime rate in Newark NJ is 52.0. The U.S. average is 22.7
  • The property crime rate in Newark NJ is 39.4. The U.S. average is 35.4
  • Residents have a 1 in 189.2. chance of being the victim of a violent crime
  • Residents have a 1 in 61.8 chance of being the victim of a property crime

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Statistic Count Raw Newark/ 100k People New Jersey/ 100k People National/ 100k People
Total Crimes Per 100K 6,059 2,146.7 1,353.6 2,476.7
Murder 56 19.8 3.7 5.0
Robbery 367 130.0 49.4 81.6
Aggravated Assault 953 337.7 127.9 250.2
Violent Crime 1,492 528.6 195.4 366.7
Burglary 535 189.6 146.2 340.5
Larceny 2,325 823.8 896.3 1,549.5
Car Theft 1,707 604.8 115.7 219.9
Property Crime 4,567 1,618.1 1,158.2 2,109.9

What Are the Top Schools in the Newark, New Jersey?

You’ll find some of the best schools in New Jersey in Newark. The city is home to many leading elementary, middle, and high schools as well as universities and colleges.

Moving to Newark guarantees easier access to any of these schools. The following are the best schools in the city since you’re considering moving to Newark, New Jersey:

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