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Zip 19702 (Newark, DE) Economy


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United States / / / Newark (zip 19702)
Newark, Delaware is a great place to live, with its two bedroom rent being $1,680 per month. This is just slightly higher than the US average of $1,430. Other living costs such as groceries are also on par with the US index at 104 versus 100. There are many local companies in Newark including Christiana Care Health System, JPMorgan Chase and the University of Delaware. With an economically diverse range of businesses and affordable housing options, it's easy to see why people choose to settle down in Newark.

Newark (zip 19702) has an unemployment rate of 6.5%. The US average is 6.0%.

Newark (zip 19702) has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.

Tax Rates for Newark (zip 19702)
- The Sales Tax Rate for Newark (zip 19702) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Newark (zip 19702) is 6.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Newark (zip 19702)
- The average income of a Newark (zip 19702) resident is $37,750 a year. The US average is $37,638 a year.
- The Median household income of a Newark (zip 19702) resident is $82,790 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewark, DelawareUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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