Real Estate details: Newark NJ vs Lake ariel PA

RE Insights

Metric Newark Lake ariel
Population 305,344 1,663
Median Home Price $327,000 $310,000
Rent 76% 25%
Own 24% 75%

Real Estate Insights Comparison: Newark vs Lake ariel

  • Newark has a larger population of 305,344 compared to 1,663 in Lake ariel.
  • A higher median home price of $327,000 is found in Newark compared to $310,000 in Lake ariel.
  • Rent in Newark is higher at 76% compared to 25% in Lake ariel.
  • More homeowners can be found in Lake ariel at 75% 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.