As of 2024 the population of Newport is 4,111. The population is expected to grow to 4,315 by 2029 - a growth rate of 0.97%.
The median age of Newport residents is 38.
The diversity index of Newport is 59.9, meaning that there is a 60% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Newport is $83,540 and projected to be $97,834 in 2029. Per capita income is $32,823, projected to be $38,798 in 2029. 1.9% of households – 78 – have an income of $200,000 or higher. Average net worth is $602,592 and the average disposable income is $64,944.
There are 1,693 housing units in Newport; 1,115 are owner-occupied, 500 are rented, and 78 are vacant. The average home value is $487,601, with 80 homes built in 2010 or later, and 232 built in 1939 or earlier.
There are 138 businesses in Newport, employing 1,937 workers and pulling from a labor force of 2,183 age 16 and above. 1,341 workers commute into Newport from outside the county or state. Key industries for the area include:
829 residents both live and work in/around Newport. The average travel time is 0.0 minutes. 2.17% people have a commute of less than 5 minutes while 5.55% commute 90 minutes or more each way. Of commuters, 1,539 drive alone, 347 carpool, and 14 take public transportation. 29 use other modes of transport such as motorcycle, bicycle, walking, etc. 254 residents work from home.
864 members of the workforce hold a high school diploma or GED. 455 have associates degrees, 548 have bachelor’s degrees, and 230 hold a graduate or professional degree.
