Living in Newport, Rhode Island
Cost of living, income, home prices, rent and demographics of Newport · Census data 2020–2024
Newport has 24,874 residents with a median age of 37.2. The median household income is $86,313 (about the same as the Rhode Island median), the median home value is $746,900, the median rent is $1,698/month.
Newport at a glance
- Population
- 24,874
- Median age
- 37.2State: 40.6
- Median household income
- $86,313State: $87,796
- Median home value
- $746,900State: $404,200
- Median rent
- $1,698/moState: $1,342
- Homeowners
- 49.8%
- Bachelor's degree or higher
- 57.9%
- Average commute
- 19 min
Is Newport a good place to live?
Pros: An average commute of 19 minutes.
Cons: Median household income about the same as the Rhode Island median; home values 85% higher than the state median; unemployment of 9%; a poverty rate of 16.5%.
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 $746,900, 124% higher than the U.S. median. Renters pay a median of $1,698 per month, which is 32.1% of household income. Homeowners with a mortgage pay $2,835 a month in housing costs.
Newport median household income
The median household income in Newport is $86,313 and the income per person is $58,057. 16.5% of residents live below the poverty line (Rhode Island: 11.2%).
Housing in Newport: homes for sale and rent
- Housing units
- 13,552
- Owner-occupied
- 49.8%
- Renter-occupied
- 50.2%
- Vacant
- 18.5%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.97
Newport demographics
- Population
- 24,874
- Median age
- 37.2
- Under 18
- 13.4%
- 65 and older
- 22.2%
- Households
- 11,049
- Foreign-born
- 7.4%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Newport ›
Education in Newport
57.9% of adults 25 and older in Newport have a bachelor's degree or higher (Rhode Island: 37.7%), and 25% have a graduate or professional degree.
Jobs and commute in Newport
- Unemployment rate
- 9%State: 5.8%
- Average commute
- 19 minState: 26 min
- Work from home
- 18.5%
- Drive alone
- 57.5%
- Public transit
- 2%
- Walk to work
- 12.4%
- Homes with broadband
- 91.3%
Newport vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newport | 24,874 | $86,313 | $746,900 | $1,698 |
| Newport East | 11,069 | $89,028 | $485,400 | $1,876 |
| Jamestown | 5,534 | $140,625 | $842,400 | $1,629 |
| Middletown | 16,832 | $101,948 | $563,300 | $1,990 |
| Melville | 1,631 | $102,266 | — | $2,724 |
| Narragansett Pier | 3,167 | $82,192 | $851,300 | $1,649 |
| Little Compton | 3,584 | $134,750 | $783,400 | — |
| North Kingstown | 27,859 | $126,293 | $543,700 | $1,268 |
| Wakefield-Peace Dale | 9,302 | $106,551 | $494,400 | $1,258 |
More for people moving to Newport
Newport ZIP code ›Weather and climate ›Living in Newport: FAQ
What is the median household income in Newport, RI?
The median household income in Newport is $86,313, about the same as the Rhode Island median of $87,796 (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 $746,900, compared with $404,200 in Rhode Island.
How much is rent in Newport?
The median gross rent in Newport is $1,698 per month, about 32.1% of household income.
Is Newport, RI a good place to live?
Pluses: an average commute of 19 minutes. Minuses: median household income about the same as the Rhode Island median; home values 85% higher than the state median; unemployment of 9%; a poverty rate of 16.5%.
What is the median age in Newport?
The median age in Newport is 37.2 years (Rhode Island: 40.6).
How long is the commute in Newport?
The average commute to work in Newport is 19 minutes; 18.5% of workers work from home.
What is the unemployment rate in Newport?
The unemployment rate in Newport is 9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newport?
57.9% 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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