As reported in the first installment of this series, resident incomes in the city of Newark NJ experienced a decrease of approximately 6 percent between 2011 and 2017, with the East Ward of the city (aka the Ironbound section) seeing a 7 percent rise in incomes over the same period.
Given the economic renaissance occurring in downtown Newark, Newark’s proximity to financial services and pharmaceutical hubs, and the continued migration of New Yorkers, at first glance it would appear likely that Newark would see a residual rise in incomes and residents living and working in the Newark over this seven year period.
However the data shows that the number of residents living and working in Newark has remained relatively flat with a slight decrease of 2 percent between 2011 and 2017.
Overall 4 of the 5 wards (districts) of Newark decreased or remained flat in the number of residents working and living in the city. The Central ward, which includes the downtown area, was the exception with an increase of 2 percent over the same period.
For more detail and visualizations, go to https://jasfel.shinyapps.io/NewarkCensus2011-2017 and click on the tab
‘Resident living and working in Newark’.