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The total population of Newark is estimated to be 1,156 with 523 males (45.24%) and 633 females (54.76%). There are 110 more females than males in Newark.
The median household income in Newark was $115,298 in 2021, which marked an an increase of 1(0%) from $115,297 in 2020. This income is 154.54% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Newark sees its highest median household income among householders in the age group of 45 to 64 years old, at $129,564. Overall, the median household income for the village of Newark stands at $115,298.
In Newark, the median income for all workers aged 15 years and older, regardless of work hours, was $61,402 for males and $23,898 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,741 for males and $60,531 for females.
In Newark, there are just two different racial groups among households. Among these, White households report a median household income of $116,874, while Two or More Races households have a median household income of $59,991.
In 2022, the population of Newark was 981, a 0.20% increase year-by-year from 2021. Previously, in 2021, Newark's population was 979, an increase of 0.31% compared to a population of 976 in 2020.
The median age in Newark, IL is 44.3, as per 2021 ACS 5-Year Estimates. Of the total population, 14.92% were under the age of 15, 17.89% aged 15 to 29, 47.57% aged 30 to 64, 17.39% aged 65 to 84, and 2.23% were 85 years of age and older.
Racial distribution of Newark population: 94.97% are White, 0.74% are Black or African American, 0.25% are Asian, 0.66% are some other race and 3.38% are multiracial.