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.
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am i middle class
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.