Living in Newport, Tennessee
Cost of living, income, home prices, rent and demographics of Newport · Census data 2020–2024
Newport has 6,881 residents with a median age of 43.9. The median household income is $31,250 (55% lower than the Tennessee median), the median home value is $133,500, the median rent is $720/month.
Newport at a glance
- Population
- 6,881
- Median age
- 43.9State: 38.9
- Median household income
- $31,250State: $69,595
- Median home value
- $133,500State: $286,700
- Median rent
- $720/moState: $1,189
- Homeowners
- 55.7%
- Bachelor's degree or higher
- 9.1%
- Average commute
- 26 min
Is Newport a good place to live?
Pros: Home values 53% lower than the state median; unemployment of 0.6%.
Cons: Median household income 55% lower than the Tennessee median; an average commute of 26 minutes; a poverty rate of 27.2%.
The weather is best in April–May and September–October.
Cost of living in Newport
Housing is the biggest part of the cost of living. In Newport the median home value is $133,500, 60% lower than the U.S. median. Renters pay a median of $720 per month, which is 29.9% of household income. Homeowners with a mortgage pay $994 a month in housing costs.
Newport median household income
The median household income in Newport is $31,250 and the income per person is $25,221. 27.2% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Newport: homes for sale and rent
- Housing units
- 3,470
- Owner-occupied
- 55.7%
- Renter-occupied
- 44.3%
- Vacant
- 11.6%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.17
Newport demographics
- Population
- 6,881
- Median age
- 43.9
- Under 18
- 21.3%
- 65 and older
- 18.7%
- Households
- 3,066
- Foreign-born
- 2.2%
- Veterans
- 10.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Newport ›
Education in Newport
9.1% of adults 25 and older in Newport have a bachelor's degree or higher (Tennessee: 31.1%), and 2.5% have a graduate or professional degree.
Jobs and commute in Newport
- Unemployment rate
- 0.6%State: 4.7%
- Average commute
- 26 minState: 26 min
- Work from home
- 7.6%
- Drive alone
- 76.6%
- Public transit
- 0%
- Walk to work
- 2.1%
- Homes with broadband
- 73%
Newport vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newport | 6,881 | $31,250 | $133,500 | $720 |
| Parrottsville | 374 | $48,452 | $134,400 | $806 |
| Baneberry | 700 | $82,344 | $395,200 | — |
| White Pine | 2,565 | $55,313 | $203,900 | $797 |
| Cosby | 779 | $91,563 | — | — |
| Dandridge | 3,538 | $53,507 | $259,100 | $799 |
| Pittman Center | 583 | $78,125 | $432,000 | $855 |
| Morristown | 31,527 | $47,917 | $181,100 | $882 |
| Jefferson City | 8,579 | $60,638 | $213,200 | $851 |
More for people moving to Newport
Newport ZIP code ›Weather and climate ›Living in Newport: FAQ
What is the median household income in Newport, TN?
The median household income in Newport is $31,250, 55% lower than the Tennessee median of $69,595 (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 $133,500, compared with $286,700 in Tennessee.
How much is rent in Newport?
The median gross rent in Newport is $720 per month, about 29.9% of household income.
Is Newport, TN a good place to live?
Pluses: home values 53% lower than the state median; unemployment of 0.6%. Minuses: median household income 55% lower than the Tennessee median; an average commute of 26 minutes; a poverty rate of 27.2%.
What is the median age in Newport?
The median age in Newport is 43.9 years (Tennessee: 38.9).
How long is the commute in Newport?
The average commute to work in Newport is 26 minutes; 7.6% of workers work from home.
What is the unemployment rate in Newport?
The unemployment rate in Newport is 0.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newport?
9.1% 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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