Living in Newport, Indiana
Cost of living, income, home prices, rent and demographics of Newport · Census data 2020–2024
Newport has 330 residents with a median age of 47.6. The median household income is $56,875 (21% lower than the Indiana median), the median home value is $84,000, the median rent is $570/month.
Newport is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newport at a glance
- Population
- 330
- Median age
- 47.6State: 38.1
- Median household income
- $56,875State: $71,957
- Median home value
- $84,000State: $218,200
- Median rent
- $570/moState: $1,062
- Homeowners
- 83.4%
- Bachelor's degree or higher
- 11.2%
- Average commute
- 42 min
Is Newport a good place to live?
Pros: Home values 62% lower than the state median.
Cons: Median household income 21% lower than the Indiana median; an average commute of 42 minutes; unemployment of 8.1%; a poverty rate of 12.7%.
The weather is best in May and August to October.
Cost of living in Newport
Housing is the biggest part of the cost of living. In Newport the median home value is $84,000, 75% lower than the U.S. median. Renters pay a median of $570 per month, which is 30.7% of household income. Homeowners with a mortgage pay $1,045 a month in housing costs.
Newport median household income
The median household income in Newport is $56,875 and the income per person is $31,211. 12.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in Newport: homes for sale and rent
- Housing units
- 206
- Owner-occupied
- 83.4%
- Renter-occupied
- 16.6%
- Vacant
- 15%Includes seasonal homes
- Median year built
- 1944
- Average household size
- 1.89
Newport demographics
- Population
- 330
- Median age
- 47.6
- Under 18
- 12.7%
- 65 and older
- 24.5%
- Households
- 175
- Foreign-born
- 2.1%
- Veterans
- 9.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Newport ›
Education in Newport
11.2% of adults 25 and older in Newport have a bachelor's degree or higher (Indiana: 29.5%), and 1.9% have a graduate or professional degree.
Jobs and commute in Newport
- Unemployment rate
- 8.1%State: 4.3%
- Average commute
- 42 minState: 24 min
- Work from home
- 0%
- Drive alone
- 95.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 86.3%
Newport vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newport | 330 | $56,875 | $84,000 | $570 |
| Cayuga | 1,064 | $50,872 | $79,800 | $881 |
| Eugene | 170 | $66,528 | $85,000 | — |
| Montezuma | 881 | $56,974 | $80,400 | $959 |
| Hillsdale | 237 | $65,850 | — | — |
| Dana | 652 | $52,791 | $55,500 | $643 |
| Kingman | 693 | $33,393 | $112,500 | $770 |
| Bloomingdale | 324 | $58,500 | $97,500 | $478 |
| Lake Holiday Hideaway | 284 | $70,075 | $107,300 | — |
More for people moving to Newport
Newport ZIP code ›Weather and climate ›Living in Newport: FAQ
What is the median household income in Newport, IN?
The median household income in Newport is $56,875, 21% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Newport?
The median home value in Newport is $84,000, compared with $218,200 in Indiana.
How much is rent in Newport?
The median gross rent in Newport is $570 per month, about 30.7% of household income.
Is Newport, IN a good place to live?
Pluses: home values 62% lower than the state median. Minuses: median household income 21% lower than the Indiana median; an average commute of 42 minutes; unemployment of 8.1%; a poverty rate of 12.7%.
What is the median age in Newport?
The median age in Newport is 47.6 years (Indiana: 38.1).
How long is the commute in Newport?
The average commute to work in Newport is 42 minutes; 0% of workers work from home.
What is the unemployment rate in Newport?
The unemployment rate in Newport is 8.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newport?
11.2% of adults in Newport have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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