Living in Central Business District, Newark, NJ

Updated: 2023-11-19

Living In Central Business District, Newark Summary

Life in Central Business District, Newark, NJ summary. HomeSnacks has been researching the quality of life in Central Business District over the past eight years using Census, FBI, cost of living, and other primary data sources. Based on the most recently available data, we found the following about life in Central Business District:

  • The population in Central Business District is 5,389.

  • The median home value in Central Business District is $129,883.

  • The median income in Central Business District is $42,834.

  • The median rent in Central Business District is $889.

  • The unemployment rate in Central Business District is 7.4%.

  • The crime rate in Central Business District is 2352 per 100k people.

Central Business District, Newark Quality Of Life

6
/10
Overall SnackAbility
Jobs
6/10
Affordability
8
Safety
8
Amenities
8.5
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Central Business District, Newark Crime Report

Crime in Central Business District, Newark summary. We derived crime rates by looking data from the FBI for Newark and estimating down to Central Business District. Key points include:

  • There were 127 total crimes in Central Business District in the last reporting year.

  • The overall crime rate per 100,000 people in Central Business District is 2,352 / 100k people.

  • The violent crime rate per 100,000 people in Central Business District is 579 / 100k people.

  • The property crime rate per 100,000 people in Central Business District is 1,773 / 100k people.

  • Overall, crime in Central Business District is 1.20% above the national average.

127
Total Crimes
1.20%
Above National Average

Crime In Central Business District, Newark vs Newark Comparison Table

Statistic Count
Raw
Central Business District
/ 100k People
Newark
/ 100k People
New Jersey
/ 100k People
National
/ 100k People
Total Crimes Per 100K 127 2,352 2,340.0 1,353.6 2,324.2
Violent Crime 31 579 519.9 195.4 369.8
Property Crime 96 1,773 1,820.2 1,158.2 1,954.4

Central Business District, Newark Cost Of Living

Cost of living in Central Business District, Newark summary. We use data on the cost of living to determine how expensive it is to live in Central Business District. Real estate prices and rent drive most of the variance in cost of living around Newark. Key points include:

  • The cost of living in Central Business District is 100 with 100 being average.

  • The cost of living in Newark is 0.9x lower than the city average.

  • The median home value in Central Business District is $129,883.

  • The median rent in Central Business District is $889.

112
Newark's Overall Cost Of Living
$129,883
Home Prices
$889
Rent

Cost Of Living In Central Business District, Newark Comparison Table

Living Expense Central Business District Newark New Jersey National Average
Overall 100 112 111 100
Services 112 116 104 100
Groceries 109 109 104 100
Health 95 95 100
Housing 77 116 130 100
Transportation 107 106 106 100
Utilities 108 104 108 100

Central Business District, Newark Photos

Rutgers Newark Campus
Source: Wikipedia |
Newarkc New Jersey At Night
Source: Wikipedia User Jamaalcobbs at English Wi | | CC BY-SA 3.0
Portnewarknjturnpike
Source: Wikipedia User Doc Searls | | CC BY 2.0

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