Newport, Tennessee Median Income

Newport, Tennessee has a population of 6,954, with a median household income of $42,155.

Current median income data for Newport.

$42,155

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Population

6,954

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Median Income

$42,155

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Unemployment

5.60%

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Housing Price

$173,900

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Crime Rate

24.80

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Internet Speed

86.10 Mbps

Newport is a small local community located in Tennessee. The city has a population that is below the average city population in Tennessee, 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, located in Tennessee, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Newport has a population of 6,954, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Newport is $42,155, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Newport is about $173,900, making it relatively affordable compared to many cities in Tennessee.

Employment and Safety

The unemployment rate in Newport is 5.60%, 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 Tennessee, Newport shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Tennessee, Newport contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Newport

What is the population of Newport?

The population of Newport is approximately 6,954.

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 $42,155.

How expensive is housing in Newport?

The average housing price in Newport is approximately $173,900.