Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.6 yrs |
|---|---|
| Avg HH Size | 3.11 |
| Below Poverty | 4.0% ▼ 60% below avg |
| College Grads | 45.2% ▲ 17% above avg |
| Unemployment | 1.5% ▼ 69% below avg |
| No HS Diploma | 7 (0.3%) |
| HS Graduate | 552 (25.2%) |
| Some College | 349 (15.9%) |
| Associates | 295 (13.4%) |
| Bachelors | 388 (17.7%) |
| Graduate Degree | 603 (27.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $119,063 ▲ 56% above avg |
|---|---|
| Median Home Value | $302,900 ▲ 9% above avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,547/mo |
| Total Housing Units | 1,189 |
| Vacant Units | 101 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Newark is a city in Illinois, located in Kendall County. The city spans 1 ZIP code and is home to approximately 3,379 residents. It is a middle-aged city, with a median age of 38.6 years.
Economically, Newark is a upper-middle-income community. The median household income of $119,063 is significantly above the national average. Approximately 4.0% of residents live below the poverty line. The unemployment rate is 1.5%, well below the national average.
The real estate market in Newark is a mid-range housing market. Median home values stand at $302,900, which is near the national average. Renters typically pay around $1,547 per month. Homeownership is high at 86.3%, typical of suburban and family-oriented communities.
The population of Newark is well-educated. 45.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (91%).
Newark, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60541 | 3,379 | $119,063 | $302,900 | $1,547 | 1.5% | 45.2% | 86.3% |