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The total population of Newark is estimated to be 1,232 with 660 males (53.57%) and 572 females (46.43%). There are 88 less females than males in Newark.
The median household income in Newark was $48,979 in 2021, which marked an a decrease of 8,268(14.44%) from $57,247 in 2020. This income is 65.65% 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 $96,510. Overall, the median household income for the city of Newark stands at $48,979.
In Newark, the median income for all workers aged 15 years and older, regardless of work hours, was $39,003 for males and $14,966 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,644 for males and $51,478 for females.
In Newark, there are just two different racial groups among households. Among these, Some Other Race households report a median household income of $97,733, while White households have a median household income of $56,973.
In 2022, the population of Newark was 1,196, a 4.09% increase year-by-year from 2021. Previously, in 2021, Newark's population was 1,149, an increase of 4.64% compared to a population of 1,098 in 2020.
The median age in Newark, TX is 31.8, as per 2021 ACS 5-Year Estimates. Of the total population, 25.82% were under the age of 15, 21.00% aged 15 to 29, 42.36% aged 30 to 64, 7.73% aged 65 to 84, and 3.09% were 85 years of age and older.
Racial distribution of Newark population: 75.73% are White, 2.36% are American Indian and Alaska Native, 1.09% are Asian, 5.09% are some other race and 15.73% are multiracial.