Living in Newport, Vermont
Cost of living, income, home prices, rent and demographics of Newport · Census data 2020–2024
Newport has 4,394 residents with a median age of 46.4. The median household income is $54,646 (33% lower than the Vermont median), the median home value is $179,400, the median rent is $850/month.
Newport at a glance
- Population
- 4,394
- Median age
- 46.4State: 43.1
- Median household income
- $54,646State: $81,203
- Median home value
- $179,400State: $316,600
- Median rent
- $850/moState: $1,234
- Homeowners
- 57.6%
- Bachelor's degree or higher
- 25.1%
- Average commute
- 15 min
Is Newport a good place to live?
Pros: Home values 43% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 33% lower than the Vermont median; unemployment of 9.1%; a poverty rate of 23%.
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 $179,400, 46% lower than the U.S. median. Renters pay a median of $850 per month, which is 29.2% of household income. Homeowners with a mortgage pay $1,545 a month in housing costs.
Newport median household income
The median household income in Newport is $54,646 and the income per person is $35,574. 23% of residents live below the poverty line (Vermont: 10.1%).
Housing in Newport: homes for sale and rent
- Housing units
- 2,368
- Owner-occupied
- 57.6%
- Renter-occupied
- 42.4%
- Vacant
- 14.2%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 1.95
Newport demographics
- Population
- 4,394
- Median age
- 46.4
- Under 18
- 13.2%
- 65 and older
- 25.8%
- Households
- 2,031
- Foreign-born
- 2.8%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Newport ›
Education in Newport
25.1% of adults 25 and older in Newport have a bachelor's degree or higher (Vermont: 43.8%), and 9.2% have a graduate or professional degree.
Jobs and commute in Newport
- Unemployment rate
- 9.1%State: 3.6%
- Average commute
- 15 minState: 24 min
- Work from home
- 16.8%
- Drive alone
- 67.8%
- Public transit
- 0%
- Walk to work
- 2.4%
- Homes with broadband
- 88.7%
Newport vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newport | 4,394 | $54,646 | $179,400 | $850 |
| Coventry | 917 | $59,342 | $197,900 | $755 |
| Derby | 4,537 | $80,250 | $225,000 | $1,096 |
| Derby Center | 693 | $58,250 | $196,600 | $1,078 |
| Newport Center | 280 | $44,231 | $136,400 | $647 |
| Derby Line | 783 | $71,518 | $201,000 | $835 |
| Brownington | 1,144 | $75,556 | $193,800 | $745 |
| Troy | 1,749 | $87,938 | $233,200 | $646 |
| Orleans | 809 | $57,159 | $156,300 | $810 |
More for people moving to Newport
Newport ZIP code ›Weather and climate ›Living in Newport: FAQ
What is the median household income in Newport, VT?
The median household income in Newport is $54,646, 33% lower than the Vermont median of $81,203 (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 $179,400, compared with $316,600 in Vermont.
How much is rent in Newport?
The median gross rent in Newport is $850 per month, about 29.2% of household income.
Is Newport, VT a good place to live?
Pluses: home values 43% lower than the state median; an average commute of 15 minutes. Minuses: median household income 33% lower than the Vermont median; unemployment of 9.1%; a poverty rate of 23%.
What is the median age in Newport?
The median age in Newport is 46.4 years (Vermont: 43.1).
How long is the commute in Newport?
The average commute to work in Newport is 15 minutes; 16.8% of workers work from home.
What is the unemployment rate in Newport?
The unemployment rate in Newport is 9.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newport?
25.1% 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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