Newark, New Jersey Mortgage and Housing Information

Population: 273,546
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

A comparison of the average prices of homes in Newark, New Jersey and the U.S.
	U.S.	New Jersey	Newark
Median home value in year 2006	$185,200	$366,600	$287,100

Median owner costs for owner-occupied houses and condos in year **2006**
	U.S.	New Jersey	Newark
With a mortgage	$1,402	$2,130	$1,928
Without a mortgage	$399	$787	$753

Types of mortgages for owner-occupied Houses and Condos in Newark (2006)
Mortgage Type	Number of Houses and Condos	Percent of total
Without a mortgage	7,061	31.1%
First Mortgage Only	12,293	54.1%
Second Mortgage and/or Home Equity Loan	3,359	14.8%
Total	22,713	100%

Median age for males and females (2000).
Males	29
Females	32

Males earn $3,649 (17.1%) more than Females in Newark.

Level of higher education for people over 25 years in Newark (2006).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	9,968	12.6%	15,279	19.3%
Associate Degree	2,621	3.3%	3,345	4.2%
Bachelor's Degree	6,712	8.5%	7,699	9.7%
Master's Degree	1,428	1.8%	2,489	3.1%
Professional Degree	276	0.3%	496	0.6%
Doctorate Degree	336	0.4%	324	0.4%
Total (at least some college)	21,341	26.9%	29,632	34.1%
Total over 25	79,273	100%	86,878	100%

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