Top Industries in Newark
Newark is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Newark include:
Technology
The technology sector in Newark is thriving, with a focus on software development, cybersecurity, and IT services. Local tech startups and established companies are actively hiring, contributing to the city's economic growth.
Range: $80-$150k
Growth rate: 15%
Some job openings:Audible is hiring: Software Engineer, Data Analyst
Healthcare
Healthcare remains a cornerstone of Newark's job market, with hospitals and medical centers leading employment. The demand for healthcare professionals is increasing, driven by an aging population and healthcare innovations.
Range: $60-$120k
Growth rate: 12%
Logistics and Transportation
Newark's logistics and transportation industry is bolstered by its proximity to major ports and airports. This sector is crucial for the city's economy, providing numerous job opportunities in supply chain management and operations.
Range: $50-$100k
Growth rate: 10%
Some job openings:FedEx is hiring: Delivery Driver, Warehouse Supervisor
Education
The education sector in Newark is expanding, with a focus on both K-12 and higher education institutions. There is a growing need for educators and administrative staff as the city invests in educational infrastructure.
Range: $40-$90k
Growth rate: 8%
Finance
Newark's finance sector is robust, with banks and financial institutions offering a range of employment opportunities. The city's financial services industry is supported by its proximity to New York City, attracting talent and investment.
Range: $70-$130k
Growth rate: 9%
Some job openings:PNC Bank is hiring: Bank Teller, Loan Officer
Employment Trends and Growth Rates
Newark is witnessing a steady increase in job growth, particularly in technology and healthcare sectors.
The city's strategic location and infrastructure improvements are attracting new businesses, enhancing employment prospects.
Income inequality remains a challenge, with efforts underway to bridge the gap through education and workforce development programs.
Job turnover rates are moderate, with a focus on retaining talent in high-demand industries like tech and healthcare.
Job Market for Remote and Freelance Workers in Newark
Remote work is gaining traction in Newark, with approximately 35% of the workforce engaged in remote roles.
The technology and marketing sectors are leading in offering remote job opportunities, reflecting national trends.
Local companies such as Audible and Panasonic are increasingly providing remote work options to attract a wider talent pool.
City-specific job boards and platforms are emerging to cater to the growing demand for remote positions.
Job Resources and Networking
Newark offers a variety of job resources, including local job boards, career fairs, and networking events.
The Newark Workforce Development Board provides career development services and job placement programs.
Local platforms such as NewarkJobs.com offer targeted job listings for residents.
Entrepreneurial hubs and incubators in Newark support tech startups and innovation, fostering job creation.
Property Prices Rankings
The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings