Newport, Kentucky Unemployment

Newport, Kentucky has a population of 15,085, with a median household income of $52,900.

Current unemployment data for Newport.

3.80%

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Population

15,085

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Median Income

$52,900

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Unemployment

3.80%

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Housing Price

$178,900

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Crime Rate

4.10

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Internet Speed

236.00 Mbps

Newport is a small local community located in Kentucky. The city has a population that is above the average city population in Kentucky, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Newport is a notable city in Kentucky, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Newport has a population of 15,085, which is higher than the state average. This indicates a relatively larger urban presence within Kentucky.

Income and Economy

The median household income in Newport is $52,900, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Newport is about $178,900, making it relatively affordable compared to many cities in Kentucky.

Employment and Safety

The unemployment rate in Newport is 3.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Newport are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Kentucky, Newport shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Newport offers a balanced mix of economic conditions, population trends, and housing opportunities within Kentucky.

Frequently Asked Questions about Newport

What is the population of Newport?

The population of Newport is approximately 15,085.

Is Newport a good place to live?

Newport offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Newport?

The median household income in Newport is around $52,900.

How expensive is housing in Newport?

The average housing price in Newport is approximately $178,900.