Newark vs Wilmington: Housing
| Newark | Wilmington | |
|---|---|---|
| Median Home Value | $382,500 | $231,400 |
| Median Gross Rent | $1,654/mo | $1,224/mo |
| Homeownership Rate | 50.7% | 48.0% |
| Rent as Share of Income | 25.8% | 25.0% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.