Newfield borough, New Jersey Unemployment

Newfield borough, New Jersey has a population of 1,548, with a median household income of $80,441.

Current unemployment data for Newfield borough.

3.50%

👥

Population

1,548

💰

Median Income

$80,441

📉

Unemployment

3.50%

🏠

Housing Price

$281,114

🚨

Crime Rate

0.40

🌐

Internet Speed

231.90 Mbps

Newfield borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Newfield borough is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Newfield borough has a population of 1,548, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Newfield borough is $80,441, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Newfield borough is about $281,114, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Newfield borough is 3.50%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Newfield borough are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Newfield borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Newfield borough continues to play a role in shaping regional trends in New Jersey, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Newfield borough

What is the population of Newfield borough?

The population of Newfield borough is approximately 1,548.

Is Newfield borough a good place to live?

Newfield borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Newfield borough?

The median household income in Newfield borough is around $80,441.

How expensive is housing in Newfield borough?

The average housing price in Newfield borough is approximately $281,114.