Quick facts: Newark, DE
Quick Facts
π΅ Affordability Calculator
Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $67,738.
Income Needed to Buy
Income Needed to Rent
Overview for Newark, DE
Newark, Delaware, is a vibrant city located in New Castle County, approximately 12 miles west of Wilmington. Known for its rich history and youthful energy, Newark is home to the University of Delaware, which significantly impacts the local culture and economy. The university's presence fosters a diverse community and offers ample opportunities for education, research, and innovation. The city's downtown area features a mix of shops, restaurants, and entertainment venues, making it a popular destination for both residents and students. Newark is also renowned for its parks and recreational areas, including the scenic Newark Reservoir and the expansive White Clay Creek State Park, which provide numerous outdoor activities such as hiking, biking, and picnicking. Culturally, Newark hosts various events throughout the year, including festivals, art shows, and music concerts, celebrating local talent and fostering community spirit. The cityβs strategic location near major highways provides easy access to Philadelphia and Baltimore, making it an attractive place for commuters. Overall, Newark combines a small-town feel with the amenities of a larger city, making it a unique and appealing place to live, work, and study.