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 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.
Cost of living in Newport is 81, which is 19% lower than national average.
In Newport, only 12% of adults have a bachelor's degree and 20% have some college but no degree.
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.