At a Glance
Median Income
$68,229
$29,560 per capita
Home Value
$118,600
Zillow: $222,067
Median Rent
$895/mo
26.9% of income on rent
Bachelor's Degree+
23.2%
94.1% high school+
Unemployment
6.1%
1.8% poverty rate
Obesity Rate
30.1%
13.8% smoking rate
How Newark Valley Compares to the U.S. Average
Each bar shows Newark Valley's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Newark Valley a Good Place to Live?
B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Newark Valley residents earn a median household income of $68,229 , which is 9% below the national average of $75,149.
Per capita income is $29,560. The unemployment rate stands at 6.1% (69% above the U.S. rate of 3.6%). 1.8% of residents live below the poverty line. The area is home to 890 business establishments, including 78 restaurants.
Housing & Cost of Living
The median home value in Newark Valley is $118,600 , 58% below the national median of $281,900.
Zillow estimates the typical home at $222,067. Median rent is $895/month, with 26.9% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1938.
Education
23.2% of adults in Newark Valley hold a bachelor's degree or higher
(31% below the national average).
94.1% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
Newark Valley has an average annual temperature of 46°F (8°C).
Winters average 23°F in January while summers reach 69°F in July. Annual precipitation totals 42.0 inches.
Data Overview
People
Population1,149
Median Age38.9 yrs
Density1,161/mi²
Male / Female45% / 55%
Foreign Born3.9%
Veterans7.3%
Economy
B+
Median Income$68,229
Per Capita$29,560
Unemployment6.1%
Poverty1.8%
County GDP$2,022M
Avg Weekly Wage$1,292
Housing
A+
Home Value$118,600
Rent$895
Ownership82.0%
Zillow$222,067
Housing Units426
Rent Burden26.9%
Health
Obesity30.1%
Diabetes8.4%
Smoking13.8%
Heart Disease5.2%
Premature Death6,676/100K
Climate
Avg Temp46°F
Rain42.0 in/yr
Elevation957 ft
Education
C+
Bachelor's+23.2%
High School+94.1%
Graduate+9.6%
School Score5.2/10
Community
2024 VoteR 61% / D 39%
Commute29 min
Broadband91.6%
Internet Speed123 Mbps
EV Stations3
Libraries8
Did You Know?
Newark Valley was founded in 1894.
The median home in Newark Valley was built in 1938.
The nearest airport is Ithaca Tompkins International (23 miles).
The Gini coefficient (income inequality) is 0.432 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
17.6% of the population has a disability.
Average internet download speed is 123 Mbps.
The county recorded 4 fatal vehicle crashes.