Real Estate details: Farmington NM vs Newark OH
RE Insights
| Metric | Farmington | Newark |
|---|---|---|
| Population | 46,127 | 50,763 |
| Median Home Price | $234,000 | $176,250 |
| Rent | 37% | 45% |
| Own | 63% | 55% |
Real Estate Insights Comparison: Farmington vs Newark
- The population in Newark is greater at 50,763 compared to 46,127 in Farmington.
- A higher median home price of $234,000 is found in Farmington compared to $176,250 in Newark.
- The rent percentage in Newark is higher at 45% compared to 37% in Farmington.
- A greater percentage of homeowners in Farmington at 63% compared to 55% 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.