Newport, RI
Maps & Population Facts
Population
24,745
Population Density
3,229
Labor Participaton
70.0%
Bachelor's or Higher
53.5%
Median Household Income
$65,365
Median Individual Income
$32,654
Median Individual Income(Full-time Workers Only)
$50,767
Housing Estimates
Median House Value
$405,700
Median Gross Rent
$1,164
Median Mortgage Payment
$2,169
Housing Units
12,905
People who reside in Newport live in:
Detached - Single Family Homes
39%
Apt, Condo, Other
61%
Analysis
Income
Households in Newport earn more money than the national median income, averaging 8% higher per household.
Housing
Newport has a median house price of $405,700. The cost of homeownership is significantly higher than most areas. The cost of renting in Newport is 15% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 39% |
New Construction (Built after 2000) | 6% |
Demographics
The median age in Newport is 36. Newport has a population that is younger than in comparison to the US median age.
Newport ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Newport | Rhode Island | USA | |
Median Property Value | 405,700 | 257,800 | 217,600 |
Median Mortgage Payment | 2,169 | 1,782 | 1,513 |
Median Gross Rent | 1,164 | 941 | 1,012 |
Property Vacancy | 18.4% | 12.7% | 12.6% |
% Renters | 60% | 39% | 36% |
Residents per Sq. Mi. | 3,229 | 1,023 | 93 |
Personal Comparison
Newport | Rhode Island | USA | |
Median Household Income | 65,365 | 63,870 | 60,336 |
Median Individual Income | 32,654 | 36,278 | 33,646 |
Median Income (Full-Time) | 50,767 | 51,286 | 46,881 |
Median Age | 35.9 | 39.5 | 38.1 |
Labor Participation | 70.0% | 64.1% | 62.8% |
Attained College Degree | 53.5% | 33.4% | 32.0% |
Population Density Analysis
Newport, RI
3,229
Residents per Sq. Mile
The population density of Newport is comparable to that of a Small City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +