HomeNew YorkWayne CountyNewark village
Newark village, New York: commercial real estate data.
Newark village is a Census village of 8,991 people across 5.42 square miles of land, in Wayne County. Median household income is $60,006, 60.5 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $3.4 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Newark
What Newark is
- Census place typevillage
- Land area5.42 sq mi
- Water area0 sq mi
- Population per square mile of land1,659
- County holding the largest share of its areaWayne 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
- Population8,991
- Median age41.1
- Population under 181,994
- Share under 1822.2 percent
- Population 65 and over1,774
- Share 65 and over19.7 percent
- Households3,933
- Family households2,042
- Share of households that are families51.9 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$60,006
- Per capita income$30,337
- Civilian labor force3,973
- Employed3,855
- Unemployed118 plus or minus 89
- Unemployment rate3.0 percent plus or minus 2.2
- Adults 25 and over6,492
- Adults 25 and over with a high school diploma or higher90.8 percent
- Adults 25 and over with a bachelor degree or higher19.5 percent plus or minus 4.2
- Adults 25 and over with a graduate degree8.4 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
Housing in Newark
- Housing units4,226
- Occupied units3,933
- Vacant units293 plus or minus 174
- Vacancy rate6.9 percent plus or minus 4.1
- Owner occupied2,381
- Renter occupied1,552 plus or minus 315
- Ownership rate60.5 percent
- Median owner-occupied home value$132,600
- Median gross rent, monthly$979
- Annual rent as a share of median income19.6 percent
- Single family units2,466
- Share single family58.4 percent
- Units in buildings of two or more1,578
- Share in buildings of two or more37.3 percent
- Mobile homes182 plus or minus 117
- Median year structure built1956
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 commute3,482
- Commuting under 15 minutes1,729 plus or minus 382
- Share commuting under 15 minutes49.7 percent
- Commuting 30 minutes or more1,078 plus or minus 280
- Share commuting 30 minutes or more31.0 percent plus or minus 7.2
- Drove alone74.8 percent
- Carpooled11.8 percent plus or minus 6.1
- Public transport0.2 percent plus or minus 0.3
- Walked3.5 percent plus or minus 3.2
- Worked from home6.8 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
SBA loans in Newark (7(a))
- Approvals9
- Gross approval$3,398,400
- Average approval$377,600
- Median approval$100,000
- Ninetieth percentile approval$1,092,300
- Largest approval$1,092,300
- Jobs supported137
- Jobs per approval15.2
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises33.3 percent
- Distinct lenders7
- Distinct industries by NAICS6
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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)
- Approvals1
- Gross approval$822,000
- Average approval$822,000
- Median approval$822,000
- Largest approval$822,000
- Jobs supported3
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Newark
Flood risk in Newark
- Listed NFIP communities1
- Of those, participating1
- NFIP community number360894
- Currently effective map date11/13/26(>)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Wayne County, not Newark
Wayne County context, not Newark figures
These are Wayne 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 Wayne County1,673
- Employment at those establishments, Wayne County19,614
- Covered employment, Wayne County28,230
- Average annual pay, Wayne County$56,984
- Average weekly wage, Wayne County$1,096
- Housing units permitted, Wayne County263
- Of those, single family, Wayne County144
- County product, 2024, Wayne County$5,129,939,000
- County product change over the prior year, Wayne County2.1 percent
- Average income of an arriving household, Wayne County$56,769
Every figure in this section is published for Wayne 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.
- 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, New York?
8,991, in 3,933 households. Newark village covers 5.42 square miles of land, which is 1,659 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?
Wayne 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?
$60,006. The median owner-occupied home is valued at $132,600. Median gross rent is $979 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?
9 7(a) approvals totalling $3.4 m, across 7 lenders, median approval $100,000, plus 1 504 approvals worth $822,000. 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 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Newark in the National Flood Insurance Program?
Yes. Newark appears in the FEMA Community Status Book as community 360894, with no Community Rating System class, so no CRS discount applies. 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wayne 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.
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