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
Income Overview
Median Household Income
$57,000
24% below
US avg: $75,149
Per Capita Income
$30,968
21% below
US avg: $39,052
Unemployment Rate
6.9%
92% above
US avg: 3.6%
Poverty Rate
25.6%
106% above
US avg: 12.4%
Income Comparison: Newark vs. U.S. Average
Each bar shows Newark’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$57,000
76%
Per Capita
US: $39,052
$30,968
79%
IRS Avg AGI
US: $72,000
$82,340
114%
Avg Weekly Wage
US: $1,432
$1,142
80%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,142
20% below US avg ($1,432)
Mean Commute Time
35 min
28% above US avg (28 min)
Work From Home
12.9%
15% below US avg (15.2%)
Drive Alone
69.0%
6% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$4,250M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
69%
Public Transit
0%
Work From Home
12.9%
Other
18.1%
Average commute time
35 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,654
Restaurants
119
Healthcare
111
Retail
182
Manufacturing
77
Tax & Financial
IRS Avg Adjusted Gross Income
$82,340
14% above US avg ($72,000)
Avg Property Tax
$6,757
93% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $57,000 |
| Per Capita Income | $30,968 |
| IRS Avg Adjusted Gross Income | $82,340 |
| Avg Weekly Wage | $1,142 |
| County GDP | $4,250M |
Hardship Indicators
| Unemployment Rate | 6.9% |
| Poverty Rate | 25.6% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 35 minutes |
| Drive Alone | 69.0% |
| Public Transit | 0.0% |
| Work From Home | 12.9% |
Businesses
| Total Establishments | 1,654 |
| Restaurants | 119 |
| Healthcare | 111 |
| Retail | 182 |
| Manufacturing | 77 |
Tax
| IRS Avg AGI | $82,340 |
| Avg Property Tax | $6,757 |