Newark, TX

Full City Profile · Texas · Wise County County

3.2 /5.0
B Good
1,221 Population 1,357/sq mi density
$57,000 Median Income $30,968 per capita
$105,900 Home Value $300,141 Zillow
$1,144 Median Rent 32.9% income on rent
67°F Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$57,000 median income, 6.9% unemployment
A+
Affordability
5.0 / 5.0
$105,900 home value, $1,144/mo rent
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher

Newark, TX

At a Glance

Median Income
$57,000
24% below
$30,968 per capita
Home Value
$105,900
62% below
Zillow: $300,141
Median Rent
$1,144/mo
2% below
32.9% of income on rent
Bachelor's Degree+
13.6%
60% below
81.4% high school+
Unemployment
6.9%
92% above
25.6% poverty rate
Obesity Rate
35.2%
10% above
16.0% smoking rate
Avg Temperature
67°F

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)

Income
76%
Home Value
38%
Rent
98%
Poverty
206%
Bachelor's
40%
Unemployment
192%
Thin vertical line = U.S. national average (100%)

Is Newark a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Newark residents earn a median household income of $57,000 , which is 24% below the national average of $75,149. Per capita income is $30,968. The unemployment rate stands at 6.9% (92% above the U.S. rate of 3.6%). 25.6% of residents live below the poverty line. The area is home to 1,654 business establishments, including 119 restaurants.

Housing & Cost of Living

The median home value in Newark is $105,900 , 62% below the national median of $281,900. Zillow estimates the typical home at $300,141. Median rent is $1,144/month, with 32.9% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1992.

Education

13.6% of adults in Newark hold a bachelor's degree or higher (60% below the national average). 81.4% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Newark has an average annual temperature of 67°F (19°C). Winters average 47°F in January while summers reach 87°F in July. Annual precipitation totals 36.6 inches.

Data Overview

People

Population1,221
Median Age33.1 yrs
Density1,357/mi²
Male / Female56% / 44%
Foreign Born9.8%
Veterans7.3%

Economy

C
Median Income$57,000
Per Capita$30,968
Unemployment6.9%
Poverty25.6%
County GDP$4,250M
Avg Weekly Wage$1,142

Housing

A+
Home Value$105,900
Rent$1,144
Ownership76.2%
Zillow$300,141
Housing Units496
Rent Burden32.9%

Health

Obesity35.2%
Diabetes11.3%
Smoking16.0%
Heart Disease5.8%
Premature Death8,574/100K

Climate

Avg Temp67°F
Rain36.6 in/yr
Elevation744 ft

Education

C
Bachelor's+13.6%
High School+81.4%
Graduate+3.2%
School Score5.4/10

Community

2024 VoteR 85% / D 15%
Commute35 min
Broadband96.2%
Internet Speed57 Mbps
EV Stations1
Libraries6

Did You Know?

The median home in Newark was built in 1992.
The nearest airport is Fort Worth Meacham International (15 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
19.2% of the population has a disability.
There are 119 restaurants in the area.
The county recorded 22 fatal vehicle crashes.