Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.7 yrs |
|---|---|
| Avg HH Size | 2.61 |
| Below Poverty | 18.8% ▲ 88% above avg |
| College Grads | 20.3% ▼ 48% below avg |
| Unemployment | 4.3% ▼ 12% below avg |
| No HS Diploma | 15 (1%) |
| HS Graduate | 669 (43.9%) |
| Some College | 207 (13.6%) |
| Associates | 323 (21.2%) |
| Bachelors | 171 (11.2%) |
| Graduate Degree | 139 (9.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,750 ▼ 41% below avg |
|---|---|
| Median Home Value | $102,400 ▼ 63% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $578/mo |
| Total Housing Units | 1,126 |
| Vacant Units | 119 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Newark is a city in Arkansas, located in Independence County. The city spans 1 ZIP code and is home to approximately 2,626 residents. It is a relatively young city, with a median age of 37.7 years.
Economically, Newark is a working-class community. The median household income of $44,750 is below the national average. Approximately 18.8% of residents live below the poverty line. The unemployment rate is 4.3%, near the national average.
The real estate market in Newark is one of the more affordable housing markets in the country. Median home values stand at $102,400, which is well below the national average. Renters typically pay around $578 per month. Homeownership is high at 64.7%, typical of suburban and family-oriented communities.
The population of Newark is less-educated. 20.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.7%).
Newark, AR offers residents a cost-conscious lifestyle within Arkansas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 72562 | 2,626 | $44,750 | $102,400 | $578 | 4.3% | 20.3% | 64.7% |