Cost of Living in Newark, CA
Population: 47,145 • 2026 Data
$164,909
Median Household Income
+113% vs national
$2,730
Median Monthly Rent
+103% vs national
$1,094,200
Median Home Value
+223% vs national
4.8%
Unemployment Rate
Housing in Newark
The median home value in Newark, CA is $1,094,200. Monthly rent for a typical unit averages $2,730, while total monthly housing costs (including utilities and insurance) average $2,876.
Rent-to-income ratio: 19.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Newark, CA is $164,909. The unemployment rate stands at 4.8%, with a labor force of 27,937 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.