Economy & Jobs — Newark, New Jersey

Income & Employment

Median Household Income (Census)$52,060
Estimated 2026~$55,200
Per Capita Income$25,509
Poverty Rate23.4%
Unemployment Rate11.6%
In Labor Force148,640

Top Industries

IndustryShare
Education Healthcare20.4%
Transportation12.6%
Professional12.4%

Local Businesses (County)

TypeCount
Physician Offices680
Fast Food629
Full Service Restaurants610
Law Offices551
Dental Offices391
Grocery Stores344
Beauty Salons286
Child Day Care267
Auto Repair228
Liquor Stores187
Insurance Agencies187
Coffee Shops185
Real Estate Offices164
Commercial Banks146
Accounting Firms135
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.