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Economy in Newport, Oregon

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNewport, ORUnited States
Unemployment Rate10.80%9.10%
Recent Job Growth-0.32%-0.12%
Future Job Growth28.56%31.25%
Sales Taxes0.00%6.80%
Income Taxes9.00%6.25%
Income per Cap.$25,932$27,067
Household Income$40,519$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.43%12.10%
Income between 15K and 25K15.40%10.18%
Income between 25K and 35K13.02%10.56%
Income between 35K and 50K19.06%14.98%
Income between 50K and 75K16.37%19.53%
Income between 75K and 100K8.08%12.52%
Income between 100K and 150K8.82%12.14%
Income between 150K and 250K1.62%3.91%
Income between 250K and 500K2.64%3.34%
Income greater than 500K0.56%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.37%13.81%
Professional and Related Occupations20.76%22.68%
Service21.70%14.51%
Sales and Office27.35%25.22%
Farming, Fishing, and Forestry2.89%0.68%
Construction, Extraction, and Maintenance7.09%9.37%
Production, Transportation, and Material Moving12.95%15.86%
Median Household Income

The unemployment rate in Newport, OR, is 10.80%, with job growth of -0.32%. Future job growth over the next ten years is predicted to be 28.56%.

Newport, OR Taxes

Newport, OR,sales tax rate is 0.00%. Income tax is 9.00%.

Newport, OR Income and Salaries

The income per capita is $25,932, which includes all adults and children. The median household income is $40,519.


Newport Economy SperlingViews

Weather: I have lived in Newport for approximately 10 years the weather is a constant factor in how you plan your day. Being on the coast the weather is fairly consistent it... (read more)Thanks Melissa: Thanks Melissa, that does make a difference in the quality of the fine city you live in. A big O country and western Thank... (read more)Have an opinion about Newport? Leave a commentTo See All SperlingViews for Newport Click Here