Newark, IL Employment - Median Household Income, Unemployment Rate

Newark employment information

Index	Newark	Illinois	National
Income per capita	$29,859	$31,502	$29,829
Median household income	$73,000	$59,196	$55,322
Median income owner occupied	$83,854	$75,354	$70,586
Median income renter occupied	$35,781	$34,488	$35,192
Median earnings male	$42,404	$40,474	$36,919
Median earnings female	$21,406	$27,197	$26,250
Unemployment rate	1.4%	5.3%	4.7%
Poverty level	3.5%	14.0%	15.1%

The Newark, IL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Newark is $29,859, which is 5% lower than than the Illinois average and equal to than the national average. The median household income is $73,000, which is 23% higher than than the Illinois average and 32% higher than than the national average. The unemployment rate in Newark is 1%, which is 69% lower than than the national average. The poverty rate in Newark is 4% which is 77% lower than than the national average.

am i middle class

$48,661$73,000$146,000

City

$39,460$59,196$118,392

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Newark is equal to the national average.
The median household income in Newark is 32% higher than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Newark is 69% lower than the national average.
The poverty level in Newark is 77% lower than the national average.

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Compare Newark, IL Employment To Other Cities

Employment status

Hours worked per week

Newark median earnings by income bracket

Newark employment by industry

Labour Type	Male	Female
Construction industry	15.8%	0.7%
Manufacturing sector	12.2%	2.9%
Financial & insurance services	1.6%	4.7%
Wholesale & retail services	9.3%	15.6%
Public administration	10.0%	0.7%
Transportation, warehousing & utilities	8.7%	1.5%
Education, health & social services	9.0%	31.6%
Other	33.4%	34.2%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Oswego, IL	33,245	$97,537	76%
Lake Holiday, IL	4,718	$91,220	65%
Plattville, IL	254	$90,313	63%
Yorkville, IL	18,436	$85,045	54%
Montgomery, IL	19,055	$80,900	46%
Newark, IL	1,139	$73,000	32%

Cities with similar population

City, State	Population	Household Income	National Avg.
West Yellowstone, MT	1,139	$32,134	42%
Big Rock, IL	1,139	$78,438	42%
Cotton Valley, LA	1,139	$26,286	52%
Lakewood Club, MI	1,139	$47,292	15%
Spring Glen, UT	1,139	$50,795	8%
Newark, IL	1,139	$73,000	32%

Source: The Newark, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).