Real Estate details: Newark NJ vs Rockford IL
RE Insights
| Metric | Newark | Rockford |
|---|---|---|
| Population | 305,344 | 146,713 |
| Median Home Price | $327,000 | $156,000 |
| Rent | 76% | 46% |
| Own | 24% | 54% |
Real Estate Insights Comparison: Newark vs Rockford
- Newark has a larger population of 305,344 compared to 146,713 in Rockford.
- A higher median home price of $327,000 is found in Newark compared to $156,000 in Rockford.
- Rent in Newark is higher at 76% compared to 46% in Rockford.
- More homeowners can be found in Rockford at 54% compared to 24% in Newark.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.