Economy in Newport, Rhode Island
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| Unemployment Rate | 9.80% | 8.60% |
| Recent Job Growth | -1.85% | 0.35% |
| Future Job Growth | 26.50% | 32.10% |
| Sales Taxes | 7.00% | 5.00% |
| Income Taxes | 3.75% | 4.70% |
| Income per Cap. | $34,164 | $26,154 |
| Household Income | $53,550 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 14.20% | 12.37% |
| Income between 15K and 25K | 10.86% | 10.53% |
| Income between 25K and 35K | 9.50% | 10.88% |
| Income between 35K and 50K | 12.84% | 15.37% |
| Income between 50K and 75K | 18.82% | 20.14% |
| Income between 75K and 100K | 13.25% | 12.41% |
| Income between 100K and 150K | 12.24% | 11.27% |
| Income between 150K and 250K | 5.87% | 5.01% |
| Income between 250K and 500K | 2.24% | 1.86% |
| Income greater than 500K | 0.19% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 17.89% | 14.04% |
| Professional and Related Occupations | 21.34% | 20.61% |
| Service | 19.83% | 14.45% |
| Sales and Office | 25.76% | 26.75% |
| Farming, Fishing, and Forestry | 0.67% | 0.70% |
| Construction, Extraction, and Maintenance | 6.25% | 9.42% |
| Production, Transportation, and Material Moving | 8.26% | 14.05% |
The unemployment rate in Newport, RI, is 9.80%, with job growth of -1.85%. Future job growth over the next ten years is predicted to be 26.50%.
Newport, RI Taxes
Newport, RI,sales tax rate is 7.00%. Income tax is 3.75%.
Newport, RI Income and Salaries
The income per capita is $34,164, which includes all adults and children. The median household income is $53,550.
Newport Economy SperlingViews
newport rocks: newport rocks if you wanna drink and eat and spend a lot of... (read more)Newport Seaport Traditions: Newport RI is a famous and historic seaport town, but like many New England cities, the past blends with the present in very appealing ways. It is a walking town that... (read more)Housing: The Newport area is very beautiful place to live in and the population is just the right size to raise a family. Lots to do. Unfortunately the cost of housing is... (read more)Have an opinion about Newport? Leave a commentTo See All SperlingViews for Newport Click Here
