These Are The 10 Richest Neighborhoods In Newark

We used science and data to determine which Newark neighborhoods have the richest people.

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This article is an opinion based on facts and is meant as infotainment. Don’t freak out.

Richest Neighborhoods In Newark

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they probably aren’t made of ticky tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Newark has to offer. Where houses go for over 1.67x the national median and household incomes are 1.11x the national median.

But where exactly in Newark do the richest of the rich people live? That would be Lower Vailsburg where the median income is a cool $130,959. Here’s a look at the top 10 richest neighborhoods in Newark out of 20:

  1. Lower Vailsburg
  2. Central Business District
  3. Upper Vailsburg
  4. North Ironbound
  5. South Ironbound
  6. Weequahic
  7. University Heights
  8. Upper Roseville
  9. Mount Pleasant
  10. Forest Hill

Summing up the median income of those 10 neighborhoods adds up to $417,979. And that my friend, is more 0s than most of us will see in our bank acount for a long, long time — if we ever get that lucky.

Continue on to find wher your neighborhood ranks amongst the richest in Newark.
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How We Determined The Most Well To Do Neighborhoods In Newark

Every city has it’s best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live.

And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we really mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criteria:

Which neighborhoods have the highest median income?

We ranked every neighborhood in Newark by median income from highest to lowest. The neighborhood with the highest median income, Lower Vailsburg, was named the richest neighborhood in Newark.

The poorest neighborhood? That would be Dayton-Weequahic Park.

Now a look at how all the neighborhoods in Newark ranked.

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Detailed List Of The Richest Neighborhoods In Newark

Rank Neighborhood Median Household Income
1 Lower Vailsburg $55,295
2 Central Business District $44,829
3 Upper Vailsburg $43,991
4 North Ironbound $43,610
5 South Ironbound $42,276
6 Weequahic $39,830
7 University Heights $38,459
8 Upper Roseville $37,203
9 Mount Pleasant $37,171
10 Forest Hill $35,315
11 Upper Clinton Hill $35,266
12 Seventh Avenue $33,855
13 Fairmuont $33,299
14 West Side $31,511
15 North Broadway $31,055
16 Lower Clinton Hill $29,887
17 South Broad Street $29,635
18 Lower Roseville $29,580
19 Springfield-Belmont $28,234
20 Dayton-Weequahic Park $18,243

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