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Newark, TX
Full City Profile · Texas · Wise County County
2.7
/5.0
C+
Fair
1,221
Population
1,357/sq mi density
$57,000
Median Income
$30,968 per capita
$105,900
Home Value
$296,490 Zillow
$1,144
Median Rent
32.9% income on rent
65°F
Avg Temperature
330 sunny days/yr
127
Violent Crime/100K
1,203 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$57,000 median income, 4.3% unemployment
A+
Affordability
5.0 / 5.0
$105,900 home value, $1,144/mo rent
F
Safety
1.0 / 5.0
127 violent crimes/100K
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher
Housing Overview
Median Home Value
$105,900
62% below
US avg: $281,900
Median Rent
$1,144/mo
2% below
US avg: $1,163/mo
Homeownership Rate
76.2%
17% above US avg (65.4%)
Total Housing Units
496
Median year built: 1992
Home Value by Source
Census Median
$105,900
Zillow (ZHVI)
$296,490
Median Sale Price
$679,990
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.2%
Owner-Occupied
23.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$1,144/mo
Market Indicators (Redfin)
Median Days on Market
7 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$242
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
32.9%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
76.2%
Complete Housing Data
Home Values
| Census Median Value | $105,900 |
| Zillow Home Value (ZHVI) | $296,490 |
| Median Sale Price | $679,990 |
| Price Per Sq Ft | $242 |
Rent
| Census Median Rent | $1,144 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
| Days on Market | 7 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 50.0% |
| Homes Sold | 1 |
| Active Inventory | 2 |
| Price Per Sq Ft | $242 |
Ownership & Stock
| Owner-Occupied | 76.2% |
| Renter-Occupied | 23.8% |
| Homeownership Rate | 76.2% |
| Total Housing Units | 496 |
| Median Year Built | 1992 |
| Rent Burden | 32.9% |