Population Forecast
5 year Forecast - 1.6%
The current population of the Newark, NJ Market is 5,830,582 as of the July 2024 PopStats estimate. PopStat’s Trend models indicate a 5 year population change of 1.6%, resulting in a Population of 5,924,437 by July 2029. This percentage change in Population ranks 110th across STI Markets. The Newark, NJ Market currently ranks 13th in overall population, and will rank 13th by July 2029.
High and Low Range - -0.6% to 7.7%
While the summation of mid range 5 year forecasts foresee a change in Population of 1.6% for Newark, NJ Market. The forecast high ranges of these forecasts leaves open the possibility for a Population change as high as 7.7% at 6,279,344. Similarly a population change as low as -0.6% at 5,794,193 is not without possibility.
Figure 73: Population Trend and Forecast
10 year Projections - 3.4%
By July 2034 we project the Population of the Newark, NJ Market to be 6,031,301 resulting in a change of 3.4% compared to the current Population. This projected percentage change in Population ranks 110th across STI Markets. The Newark, NJ Market currently ranks 13th in overall population, and will rank 14th by July 2034.
