Newark, AR
Full City Profile · Arkansas · Independence County County
Newark, AR
At a Glance
How Newark Compares to the U.S. Average
Each bar shows Newark's value as a percentage of the national average (100% = U.S. avg)
Is Newark a Good Place to Live?
Economy & Jobs
Newark residents earn a median household income of $34,770 , which is 54% below the national average of $75,149. Per capita income is $21,431. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). 23.2% of residents live below the poverty line. The area is home to 958 business establishments, including 74 restaurants.
Housing & Cost of Living
The median home value in Newark is $96,000 , 66% below the national median of $281,900. Zillow estimates the typical home at $157,958. Median rent is $591/month, with 27.3% of renters spending more than 30% of income on housing. The cost of living index is 86.9 (100 = national average). The median home was built in 1983.
Education
6.8% of adults in Newark hold a bachelor's degree or higher (80% below the national average). 73.9% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
Newark has an average annual temperature of 60°F (15°C). Winters average 38°F in January while summers reach 80°F in July. Annual precipitation totals 50.8 inches.