Living in Newport, Maine
Cost of living, income, home prices, rent and demographics of Newport · Census data 2020–2024
Newport has 3,143 residents with a median age of 50.3. The median household income is $60,365 (19% lower than the Maine median), the median home value is $234,800, the median rent is $893/month.
Newport at a glance
- Population
- 3,143
- Median age
- 50.3State: 44.8
- Median household income
- $60,365State: $74,733
- Median home value
- $234,800State: $296,600
- Median rent
- $893/moState: $1,139
- Homeowners
- 72.3%
- Bachelor's degree or higher
- 24.9%
- Average commute
- 25 min
Is Newport a good place to live?
Pros: Home values 21% lower than the state median; an average commute of 25 minutes.
Cons: Median household income 19% lower than the Maine median; unemployment of 4%; a poverty rate of 12.6%.
The weather is best in June to September.
Cost of living in Newport
Housing is the biggest part of the cost of living. In Newport the median home value is $234,800, 29% lower than the U.S. median. Renters pay a median of $893 per month, which is 29% of household income. Homeowners with a mortgage pay $1,615 a month in housing costs.
Newport median household income
The median household income in Newport is $60,365 and the income per person is $35,537. 12.6% of residents live below the poverty line (Maine: 10.7%).
Housing in Newport: homes for sale and rent
- Housing units
- 1,758
- Owner-occupied
- 72.3%
- Renter-occupied
- 27.7%
- Vacant
- 15%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.10
Newport demographics
- Population
- 3,143
- Median age
- 50.3
- Under 18
- 14.7%
- 65 and older
- 24.8%
- Households
- 1,495
- Foreign-born
- 1.3%
- Veterans
- 10.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Newport ›
Education in Newport
24.9% of adults 25 and older in Newport have a bachelor's degree or higher (Maine: 36.2%), and 5.4% have a graduate or professional degree.
Jobs and commute in Newport
- Unemployment rate
- 4%State: 3.8%
- Average commute
- 25 minState: 25 min
- Work from home
- 14.7%
- Drive alone
- 79.1%
- Public transit
- 0%
- Walk to work
- 0.4%
- Homes with broadband
- 78.3%
Newport vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newport | 3,143 | $60,365 | $234,800 | $893 |
| Stetson | 1,151 | $76,023 | $205,700 | $800 |
| Plymouth | 1,319 | $61,964 | $207,100 | — |
| Corinna | 2,192 | $56,547 | $163,200 | $938 |
| Palmyra | 2,209 | $60,543 | $154,900 | $733 |
| Detroit | 650 | $51,111 | $137,500 | $1,098 |
| Exeter | 1,093 | $84,408 | $166,700 | $995 |
| Etna | 1,252 | $72,379 | $183,000 | — |
| St. Albans | 1,831 | $65,600 | $194,000 | $1,056 |
More for people moving to Newport
Newport ZIP code ›Weather and climate ›Living in Newport: FAQ
What is the median household income in Newport, ME?
The median household income in Newport is $60,365, 19% lower than the Maine median of $74,733 (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 $234,800, compared with $296,600 in Maine.
How much is rent in Newport?
The median gross rent in Newport is $893 per month, about 29% of household income.
Is Newport, ME a good place to live?
Pluses: home values 21% lower than the state median; an average commute of 25 minutes. Minuses: median household income 19% lower than the Maine median; unemployment of 4%; a poverty rate of 12.6%.
What is the median age in Newport?
The median age in Newport is 50.3 years (Maine: 44.8).
How long is the commute in Newport?
The average commute to work in Newport is 25 minutes; 14.7% of workers work from home.
What is the unemployment rate in Newport?
The unemployment rate in Newport is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newport?
24.9% 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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