HomeDelawareNew Castle CountyNewark
Newark, Delaware: commercial real estate data.
Newark 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Newark (7(a))
- Approvals150
- Gross approval$76,823,900
- Average approval$512,159
- Median approval$114,000
- Ninetieth percentile approval$1,608,500
- Largest approval$5,000,000
- Jobs supported1,401
- Jobs per approval9.3
- Loans with a final outcome19
- Paid in full15
- Charged off4
- 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
Counted by borrower city: approvals to borrowers whose address is in Newark, in any county, FY2020 to FY2026. Only 19 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newark
SBA loans in Newark (504)
- Approvals22
- Gross approval$28,002,000
- Average approval$1,272,818
- Median approval$1,008,000
- Largest approval$5,494,000
- Jobs supported411
- Loans with a final outcome7
- Charged off0
- Median term240 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Newark, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Newark
Flood risk in Newark
- NFIP communityCity of Newark
- NFIP community number100025
- Participating in the NFIPYes
- Community Rating System classClass 7
- Currently effective map date01/22/20
The City of Newark participates in the National Flood Insurance Program as community 100025 and carries Community Rating System class 7, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
New Castle County, not Newark
New Castle County context, not Newark figures
- Establishments in New Castle County17,855
- Covered employment, New Castle County303,806
- Average annual pay, New Castle County$80,334
- Housing units permitted, New Castle County1,586
Every figure in this section is published for New Castle County as a whole and is not a measurement of Newark.
All New Castle County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $76.8 m since FY2020, across 31 lenders, median approval $114,000, plus 22 504 approvals worth $28.0 m since FY2010. 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?
No rate is published for Newark. Only 19 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Newark in the National Flood Insurance Program?
Yes. Newark appears in the FEMA Community Status Book as Newark, city of, community 100025, carrying Community Rating System class 7, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Newark figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.