HomeDelawareNew Castle CountyNewark city
Newark city, Delaware: commercial real estate data.
Newark city is a Census city of 30,330 people across 9.47 square miles of land, in New Castle County. Median household income is $76,912, 50.7 percent of occupied homes are owned, and the SBA record carries 150 7(a) approvals to borrowers here worth $76.8 m.
77 sourced place values · tier FULL · 8 sections
Newark
What Newark is
- Census place typecity
- Land area9.47 sq mi
- Water area0 sq mi
- Population per square mile of land3,201
- County holding the largest share of its areaNew Castle County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
How many people live in Newark
- Population30,330
- Median age22.1
- Population under 183,443
- Share under 1811.4 percent
- Population 65 and over3,382
- Share 65 and over11.2 percent
- Households8,594
- Family households3,923
- Share of households that are families45.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
Income and work in Newark
- Median household income$76,912
- Per capita income$35,264
- Civilian labor force14,256
- Employed13,301
- Unemployed955 plus or minus 256
- Unemployment rate6.7 percent plus or minus 1.8
- Adults 25 and over12,889
- Adults 25 and over with a high school diploma or higher97.1 percent
- Adults 25 and over with a bachelor degree or higher58.2 percent
- Adults 25 and over with a graduate degree27.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
Housing in Newark
- Housing units9,921
- Occupied units8,594
- Vacant units1,327 plus or minus 276
- Vacancy rate13.4 percent plus or minus 2.7
- Owner occupied4,359
- Renter occupied4,235
- Ownership rate50.7 percent
- Median owner-occupied home value$382,500
- Median gross rent, monthly$1,654
- Annual rent as a share of median income25.8 percent
- Single family units5,816
- Share single family58.6 percent
- Units in buildings of two or more4,105
- Share in buildings of two or more41.4 percent
- Mobile homes0
- Median year structure built1978
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
How Newark gets to work
- Workers 16 and over who commute10,580
- Commuting under 15 minutes4,652
- Share commuting under 15 minutes44.0 percent
- Commuting 30 minutes or more2,487
- Share commuting 30 minutes or more23.5 percent
- Drove alone56.2 percent
- Carpooled5.4 percent plus or minus 1.7
- Public transport2.0 percent plus or minus 1.1
- Walked14.3 percent
- Worked from home18.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
SBA 7(a) lending to Newark borrowers
- Approvals150
- Gross approval$76,823,900
- Average approval$512,159
- Median approval$120,000
- Ninetieth percentile approval$1,685,000
- Largest approval$5,000,000
- Jobs supported1,401
- Jobs per approval9.3
- Loans with a final outcome19
- Paid in full15
- Charged off4
- Charge-off rate over resolved loans21.1 percent
- Median term120 months
- Share on real estate terms of 20 years or more4.7 percent
- Share to franchises18.7 percent
- Distinct lenders31
- Distinct industries by NAICS98
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newark
SBA 504 lending to Newark borrowers
- Approvals22
- Gross approval$28,002,000
- Average approval$1,272,818
- Median approval$1,108,000
- Largest approval$5,494,000
- Jobs supported411
- Loans with a final outcome7
- Charged off0
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
New Castle County, not Newark
New Castle County context, not Newark figures
These are New Castle County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Newark measurements.
- Establishments in New Castle County17,855
- Employment at those establishments, New Castle County306,745
- Covered employment, New Castle County303,806
- Average annual pay, New Castle County$80,334
- Average weekly wage, New Castle County$1,545
- Housing units permitted, New Castle County1,586
- Of those, single family, New Castle County1,364
- County product, 2024, New Castle County$75,963,832,000
- County product change over the prior year, New Castle County6.6 percent
- Average income of an arriving household, New Castle County$78,585
Every figure in this section is published for New Castle County as a whole and is not a measurement of Newark. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Newark questions, answered from the record.
How many people live in Newark, Delaware?
30,330, in 8,594 households. Newark city covers 9.47 square miles of land, which is 3,201 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Newark in?
New Castle County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Newark?
$76,912. The median owner-occupied home is valued at $382,500. Median gross rent is $1,654 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Newark businesses?
150 7(a) approvals totalling $76.8 m, across 31 lenders, median approval $120,000, plus 22 504 approvals worth $28.0 m. These count approvals to borrowers whose address is in Newark, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Newark borrowers get paid back?
Of the 19 loans that have reached a final outcome, 15 were paid in full and 4 charged off, a charge off rate of 21.1 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Newark figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for New Castle County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Newark.
Is zoning published for Newark?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.