Skyline of Newark
Cost of Living: 100 34,000

Newark, DE, US

College town home to the University of Delaware with a charming Main Street.

Updated September 12, 2026

Overview

Newark is a city in DE with a population of 34,000. College town home to the University of Delaware with a charming Main Street. Housing costs are close to the national average. Gardening thrives here — the 5b growing zone supports Cool — many vegetables, some fruit trees. A large share of residents hold a bachelor’s degree or higher. The population skews young, with a median age of 22.0.

Last updated: September 12, 2026

Cost of Living 100

Below Average vs US Avg (100)

Housing Index 105

Above Average

Median Income $60,000

Household income

Unemployment 3.5%

Job market health

Newark vs US Average

Cost of Living
Newark: 100
US Avg: 100
Housing Index
Newark: 105
US Avg: 100
State Income Tax
Newark: 6.6%
US Avg: ~5%

Taxes

  • State Income Tax: 6.6%
  • Sales Tax: 0.0%

Economy & Jobs

  • Median Income: $60,000
  • Unemployment: 3.5%
  • Population: 34,000

Climate

  • Sunny Days: 200/year
  • Summer High: 85°F
  • Winter Low: 28°F
  • Farming Zone: USDA Zone 5b

Housing

  • Median Home: $300,000
  • 1BR Rent: $1200/mo

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Cost of Living

Newark's cost of living index is 100 (US average = 100).

CategoryNewarkNational AverageDifference
Overall1001000.0%
Housing105100+5.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$300,000
Median Rent (1BR)$1200/mo
Median Rent (2BR)$1,500/mo
Price per Sq Ft$200

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Newark:

UtilityEstimated Monthly CostNotes
Electricity$122Based on ~900 kWh/month typical US household usage
Heating & Cooling$72Estimated based on local climate. Gas or electric
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water$55Includes sewer
Internet (100+ Mbps)$70Broadband average
Garbage / Trash$25Private service
Total Utilities$344Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Newark scores —/100 for remote work readiness:

Cost of Living
— 100
Rent
— $1200
Sunny Days
— 200
Tax
— 6.6%
Unemployment
— 3.5%
Climate
— 85°F / 28°F
Safety
— 5.8 homicides/100k
Population
— 34,000
Internet Speed
— 200 Mbps

Climate

Newark has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January48°F28°F2.5"
April70°F43°F2.8"
July85°F60°F1.5"
October65°F46°F2.2"
USDA Zone 5b

Cool — many vegetables, some fruit trees

Natural Hazards

Newark faces the following natural hazards:

Flood High Risk

Coastal flooding.

Hurricane Moderate Risk

Coastal areas affected by hurricanes.

Tornado Moderate Risk

Tornado risk.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 6.6%
  • Sales Tax: 0%
  • Property Tax: ~0.61% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.5%.

Schools & Education

Total Schools

Academic Schedule

School Hours 8:00 AM – 3:00 PM
Academic Year September to June
Term System Semester — Fall (Aug-Dec), Spring (Jan-May/June)
Summer Break Mid-June to September (11 weeks)
Winter Break Late December to early January (2 weeks)
Spring Break March or April (1 week)

State mandates 180 school days.

Universities & Higher Education

2
Universities
#59
Top University Rank
1
Top 500 Universities
Top-Ranked University Ohio State University

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Newark is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
8.0%
Black or African American
10.7%
Hispanic or Latino
10.0%
Native American
0.1%
Native Hawaiian or Pacific Islander
0.0%
Other
0.3%
Two or more races
5.0%
White
65.9%

Education

Bachelor's degree or higher
57.5%
High school graduate
16.0%
Less than high school
3.1%
Some college
23.4%

Religion

Christian
70.0%
Other
6.0%
Unaffiliated
24.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Newark, DE, US?

The cost of living index in Newark is 100, which is Lower the US national average of 100.

How much does it cost to buy a home in Newark?

The median home price in Newark is $300,000. The housing index is 105.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Newark is approximately $1200/mo.

Does Newark, DE have income tax?

Newark is in DE, which has an income tax rate of 6.6%.

What is the climate like in Newark?

Newark enjoys approximately 200 sunny days per year. Summer highs reach around 85°F, while winter lows can drop to around 28°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.