Newark vs Hockessin: Housing
| Newark | Hockessin | |
|---|---|---|
| Median Home Value | $382,500 | $568,800 |
| Median Gross Rent | $1,654/mo | $3,501/mo |
| Homeownership Rate | 50.7% | 90.4% |
| Rent as Share of Income | 25.8% | 24.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.