Living in Newport, Kentucky

Cost of living, income, home prices, rent and demographics of Newport · Census data 2020–2024

Newport has 13,967 residents with a median age of 40.6. The median household income is $60,853 (5% lower than the Kentucky median), the median home value is $217,600, the median rent is $1,087/month.

Newport at a glance

Population
13,967
Median age
40.6State: 39.1
Median household income
$60,853State: $63,726
Median home value
$217,600State: $205,600
Median rent
$1,087/moState: $967
Homeowners
47.7%
Bachelor's degree or higher
36.3%
Average commute
20 min

Is Newport a good place to live?

Pros: An average commute of 20 minutes.

Cons: Median household income 5% lower than the Kentucky median; home values 6% higher than the state median; unemployment of 7.2%; a poverty rate of 20.8%.

The weather is best in May–June and August–September.

Cost of living in Newport

Housing is the biggest part of the cost of living. In Newport the median home value is $217,600, 35% lower than the U.S. median. Renters pay a median of $1,087 per month, which is 28.1% of household income. Homeowners with a mortgage pay $1,432 a month in housing costs.

Median home value

Newport$217,600
Kentucky$205,600
United States$332,700

Median monthly rent

Newport$1,087
Kentucky$967
United States$1,413

Newport median household income

The median household income in Newport is $60,853 and the income per person is $47,579. 20.8% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Newport$60,853
Kentucky$63,726
United States$80,734

Housing in Newport: homes for sale and rent

Housing units
7,828
Owner-occupied
47.7%
Renter-occupied
52.3%
Vacant
11%Includes seasonal homes
Median year built
1947
Average household size
1.90

Newport demographics

Population
13,967
Median age
40.6
Under 18
12.1%
65 and older
17.4%
Households
6,965
Foreign-born
3.5%
Veterans
4.5%Adults 18+

Race and ethnicity

White84.6%
Hispanic or Latino6.6%
Black6%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Newport ›

Education in Newport

36.3% of adults 25 and older in Newport have a bachelor's degree or higher (Kentucky: 27.6%), and 12.8% have a graduate or professional degree.

Bachelor's degree or higher

Newport36.3%
Kentucky27.6%
United States35.7%

Jobs and commute in Newport

Unemployment rate
7.2%State: 4.9%
Average commute
20 minState: 24 min
Work from home
21.2%
Drive alone
63.8%
Public transit
1.5%
Walk to work
5.9%
Homes with broadband
90.2%

Newport vs nearby towns

TownPopulationMedian incomeHome valueRent
Newport13,967$60,853$217,600$1,087
Woodlawn181$84,821$202,300$1,556
Bellevue5,636$71,166$206,500$1,265
Fort Thomas17,169$104,350$335,000$1,126
Southgate3,717$54,421$190,800$1,078
Dayton5,743$65,992$163,500$1,137
Park Hills3,165$99,861$282,100$1,042
Wilder3,135$70,893$159,900$1,432
Kenton Vale158$63,021$165,500$1,438

More for people moving to Newport

Newport ZIP code ›Weather and climate ›

Living in Newport: FAQ

What is the median household income in Newport, KY?

The median household income in Newport is $60,853, 5% lower than the Kentucky median of $63,726 (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 $217,600, compared with $205,600 in Kentucky.

How much is rent in Newport?

The median gross rent in Newport is $1,087 per month, about 28.1% of household income.

Is Newport, KY a good place to live?

Pluses: an average commute of 20 minutes. Minuses: median household income 5% lower than the Kentucky median; home values 6% higher than the state median; unemployment of 7.2%; a poverty rate of 20.8%.

What is the median age in Newport?

The median age in Newport is 40.6 years (Kentucky: 39.1).

How long is the commute in Newport?

The average commute to work in Newport is 20 minutes; 21.2% of workers work from home.

What is the unemployment rate in Newport?

The unemployment rate in Newport is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Newport?

36.3% 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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