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The total population of Newark Valley town is estimated to be 3,631 with 1,771 males (48.77%) and 1,860 females (51.23%). There are 89 more females than males in Newark Valley town.
The median household income in Newark Valley town was $75,575 in 2021, which marked an a decrease of 3,037(3.86%) from $78,612 in 2020. This income is 101.30% 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 town sees its highest median household income among householders in the age group of 45 to 64 years old, at $112,216. Overall, the median household income for the town of Newark Valley town stands at $75,575.
In Newark Valley town, the median income for all workers aged 15 years and older, regardless of work hours, was $46,093 for males and $29,906 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,187 for males and $45,382 for females.
In Newark Valley town, there are just three different racial groups among households. Among these, American Indian and Alaska Native households report a median household income of $106,460, followed by White households at $75,521, and Two or More Races households with a median household income of $23,367.
In 2022, the population of Newark Valley town was 3,548, a 1.20% decrease year-by-year from 2021. Previously, in 2021, Newark Valley town's population was 3,591, a decline of 1.26% compared to a population of 3,637 in 2020.
The median age in Newark Valley Town, New York is 40.8, as per 2021 ACS 5-Year Estimates. Of the total population, 19.75% were under the age of 15, 17.98% aged 15 to 29, 40.29% aged 30 to 64, 21.22% aged 65 to 84, and 0.76% were 85 years of age and older.
Racial distribution of Newark Valley town population: 94.65% are White, 0.49% are Black or African American, 1.68% are American Indian and Alaska Native, 1.77% are Asian, 0.11% are some other race and 1.30% are multiracial.