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Newark Delaware Real Estate By Jennifer Hershey

Newark Delaware Real Estate

Newark, Delaware, is located in New Castle County, 9 miles SW of Wilmington, Delaware and 37 miles SW of Philadelphia, Pennsylvania. Newark has a population of 28,547.

Newark Homes

Newark properties pool is 8,989 residential properties including Newark new homes. Median age of real estate in Newark is 1969. Average Household size is 2.91 people. 2% are one bedroom homes, 7% are 2 bedroom homes, 37% are 3 bedroom homes, 47% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Newark Mortgage Statistics

Newark mortgages vs. USA median statistics

Homes Newark USA
Homes With No Mortgage 24%
30%
Homes With Mortgage 76%
70%
First Mortgage Only 55%
54%
First & Second Mortgage or HELOC 21%
16%

Newark Area Real Estate Tax

Newark Real estate Tax: Median Real Estate Taxes (2000) were $1,185 comparing to 1999 Median Family income $ 75,188. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Newark School District: Children make up 12.5% of Newark population. Newark has 3,578 under 18 years old residents, or 0.26 kids per one worker, or 0.4 kids per one household.

Newark Real Estate & Newark Homeownership

There are 2427.03 or 27% one person households, 2966.37 or 33% two person households, and 1618.02 or 18% three person households in Newark, Delaware. Median residents age is 22.6, Senior citizens (65+) make up 2,594 or 9.1%% of Newark population.

There are 14,015 workers (over 16 years of age) in Newark. Of these, 77.95% drive to work. Approximately 3.95% of workers in Newark take public transportation. An estimated 13.01% walk to work.

Median Newark homeowner's housing expences are 16%

Crime in Newark (2003), crimes per 10,000 residents per year

Type of Crime Newark USA, 2003
Violent Crimes
58.85
47.5
Robberies
24.52
14.2
Aggravated Assaults
30.48
29.5
Property Crimes
415.46
358.8
Burglaries
59.9
74.0
Larceny-Thefts
325.43
241.5
Motor Vehicle Thefts
30.13
43.3

Invest in Newark Properties

When making a decision about buying real estate in Newark Delaware area, you should consider following statistical data:

Category Newark USA
Near Medium City
Wilmington, Delaware
-
Near Large City
Philadelphia, Pennsylvania
-
Newark Zip Codes
19702, 19711, 19713, 19716, 19717
-
Newark Area Codes
302
-
White population
87.29%
75.1%
African-American population
6%
12.3%
Asian
4.07%
3.6%
American Indian & Alaskan
0.16%
0.9%
Hispanic (of any race)
2.53%
12.5%
Median Family Income (1999)
$ 75,188%
$42,000
Population Below Poverty Level
15.39%
12.4%

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Newark Real Estate For Sale

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