Illinois · Census place 52103
Newark village, IL
Quick answer
Newark village has 1,152 residents, ranking #656 of 1462 places in Illinois. Median household income is $129,688, the median home is worth $234,800 and median gross rent runs $1,018 a month.
- Population
- 1,152Newark village residents
- Median household income
- $129,688Past 12 months, inflation adjusted
- Median home value
- $234,800Owner-occupied units
- Median gross rent
- $1,018Rent plus utilities, monthly
- Median age
- 45.1 yrsAll residents
- Homeownership rate
- 86.6%Owner-occupied households
What the numbers mean in Newark village
Housing cost measured against local earnings.
A household earning the Newark village median would spend about 9.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.3% of residents and 86.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Edinburg village 1,163
- Chatsworth town 1,161
- Kingston village 1,156
- Forreston village 1,148
- Tower Lakes village 1,148
- Greenfield city 1,137
- Milford village 1,136
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More Illinois coverage.