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AREA INFORMATION

07104 (Newark, NJ)

Explore the real estate in 07104 (Newark, NJ)

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Area Highlights

07104 (Newark, NJ) residents have a median age of 34.5 years old, with employment highest in the education and administrative support industries.

51,846 Population

19,807 Households

$45,176 /yr
Median Household Income

$407,500
Median Home Sale Price

32m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

34.5 Median Age

Average Household Size

2.6
persons per
household

29.5%

Married Households

Community Population By Education

High School Graduate 31%
Some High School 27%
Some College 18%
Bachelors Degree 12%
Associates Degree 6%
Graduate Degree 5%

Household Family Expenses vs National Average

32.8% of households have children

Economics

$45,176 /yr
Median Household Income
$407,500
Median Sales Price
32 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 58%
  • Public Transit 24%
  • Work from Home 11%
  • Walk or Bike 7%

Occupancy by Type

Rented 14,992 71%
Owned 4,816 23%
Vacant 1,161 6%

White vs Blue Collar Jobs







White Collar 60%
Blue Collar 40%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

Hispanic 68%
Other 42%
Black 24%
White 14%
Asian 1%
Native American 1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

85° July
Hottest Average Month
23° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
23°
39°
Feb
24°
41°
Mar
32°
49°
Apr
41°
61°
May
51°
71°
Jun
60°
80°
Jul
66°
85°
Aug
64°
83°
Sep
57°
76°
Oct
46°
65°
Nov
37°
54°
Dec
27°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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