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The total population of Newark Valley is estimated to be 1,080 with 511 males (47.31%) and 569 females (52.69%). There are 58 more females than males in Newark Valley.
The median household income in Newark Valley was $71,160 in 2021, which marked an an increase of 3,242(4.77%) from $67,918 in 2020. This income is 95.38% 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 Valley sees its highest median household income among householders in the age group of 45 to 64 years old, at $111,694. Overall, the median household income for the village of Newark Valley stands at $71,160.
In Newark Valley, the median income for all workers aged 15 years and older, regardless of work hours, was $40,197 for males and $32,507 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,450 for males and $48,371 for females.
In Newark Valley, population is primarily represented by White households, reporting a median income of $69,313.
In 2022, the population of Newark Valley was 912, a 1.08% decrease year-by-year from 2021. Previously, in 2021, Newark Valley's population was 922, a decline of 1.50% compared to a population of 936 in 2020.
The median age in Newark Valley, NY is 37.2, as per 2021 ACS 5-Year Estimates. Of the total population, 23.96% were under the age of 15, 18.09% aged 15 to 29, 41.05% aged 30 to 64, 15.71% aged 65 to 84, and 1.19% were 85 years of age and older.
Racial distribution of Newark Valley population: 94.73% are White, 0.60% are American Indian and Alaska Native, 2.98% are Asian, 0.40% are some other race and 1.29% are multiracial.