Newport is a city in Rhode Island state in USA with a population of 24697 residents.. The poverty rate of Newport is 14.4%, which is 3% higher than national average. The typical household in Newport earns $68201 a year, compared to the national median of $67,500. Nearly 40.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Newport, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Newport remained 8.6%, which is 83% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Newport, only 53% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Newport is 137, which is 37% higher than national average. Median home value in Newport is $495000 , which is 115% higher than national average. While median income in Newport remained $68201, which is 1% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.