Newark, a city located in the state of California (CA), is home to a population of approximately 47,470 people. Newark boasts a median age of 36.9, with around 18% of its residents aged 60 or above. 3.2% of the population identifies as US Veterans. 8.7% of Newark residents are disabled. The city has an average household income of $159,465, while the unemployment rate stands at 4.5%, and around 4% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Newark is $1,033,100, with a monthly rent averaging $2,644.