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Newark village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

As of 2026, Newark village, Illinois has a total population of 1,152, the 656th largest city in Illinois, with a median household income of $129,688, which is 59% higher than the state average. The poverty rate is 7.3%.

Key Takeaways

Newark village Quick Facts

Population 1,152
Median Household Income $129,688
Median Home Value $234,800
Poverty Rate 7.3%
Unemployment Rate 1.8%
Median Age 45.1 years
Homeownership Rate 86.6%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 24.9%
High School Graduation Rate 95.6%
Diversity Index 20/100
Population 1,152 656th of 1,445
Median Income $129,688 top 10%
Poverty Rate 7.3% 42% lower national
Median Home Value $234,800 top 20%

How Newark village Compares

Economy & Housing

Employment

1.8% Unemployment Rate State: 5.8% | National: 5.2%
67.4% Labor Force Participation

Housing Overview

Owner 86.6%
Renter 13.4%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Newark village Rankings in Illinois

#656 Population of 1,445
#82 Median Income of 1,445
#433 Education of 1,445
#267 Home Value of 1,445

Cities Similar to Newark village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Big Rock village1,208$126,667$290,10035.3%4.5%
Third Lake village1,203$150,893$329,50070.9%2.2%
Tower Lakes village1,148$172,656$495,90077.8%3.0%
Westlake Village CDP1,282$143,424$210,90028.2%2.4%
Edinburg village1,163$95,292$111,30014.0%10.7%

Population Overview

Newark village is a small community located in Illinois. The total population is 1,152. It ranks as the 656th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Newark village is 45.1 years. This is 16% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Newark village is $129,688. This is 59% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 65% higher. The poverty rate stands at 7.3%. This is 38% lower than the state poverty rate of 11.7%. The unemployment rate is 1.8%. This is 69% lower than the state rate of 5.8%. The median home value is $234,800. Housing costs are 6% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.8x, Newark village is one of the most affordable housing markets in the area. 86.6% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 66.8%.

Race & Ethnicity

Newark village has a predominantly White (non-Hispanic) population, comprising 88.8% of all residents. Hispanic or Latino residents account for 8.5%. The White (non-Hispanic) population is significantly higher than the state average (88.8% vs 58.8%). The Black or African American population (0.1%) is well below the state average of 13.6%. The Hispanic or Latino population (8.5%) is well below the state average of 18.5%. The Asian population (0.3%) is well below the state average of 5.8%.

Education

24.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.6%.

Data Sources & Methodology

All demographic data for Newark village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Newark village, Illinois?

Newark village, Illinois has a population of 1,152 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Newark village, IL?

The median household income in Newark village is $129,688, which is 65% higher the national median of $78,538.

What is the poverty rate in Newark village, IL?

The poverty rate in Newark village is 7.3%. This means approximately 83 residents live below the federal poverty line.

What is the racial makeup of Newark village, Illinois?

Newark village's population is 88.8% White, 0.1% Black, 8.5% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Newark village, IL?

The median home value in Newark village is $234,800. The home-value-to-income ratio is 1.8x.

How educated is Newark village, Illinois?

24.9% of adults (25+) in Newark village hold a bachelor's degree or higher, and 3.2% hold a graduate or professional degree.