Newport is a city in Tennessee state in USA with a population of 6865 residents.. The poverty rate of Newport is 31.5%, which is 125% higher than national average. The typical household in Newport earns $32892 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 76% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Newport are struggling financially. Nearly one in every 1 in every 7 workers in Newport is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Newport, only 81% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Newport remained 13.9%, which is 196% higher than national rate. Nearly 3 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 12% of adults have a bachelor's degree and 20% have some college but no degree.

Cost of living in Newport is 81, which is 19% lower than national average. Median home value in Newport is $93400 , which is 59% lower than national average. While median income in Newport remained $32892, which is 51% lower than national average.