Economy in Newport, Rhode Island
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Economy
| Unemployment Rate | 12.80% | 9.10% |
| Recent Job Growth | -0.52% | -0.12% |
| Future Job Growth | 26.16% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 9.90% | 6.25% |
| Income per Cap. | $33,780 | $27,067 |
| Household Income | $53,414 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 14.15% | 12.10% |
| Income between 15K and 25K | 11.05% | 10.18% |
| Income between 25K and 35K | 9.15% | 10.56% |
| Income between 35K and 50K | 13.12% | 14.98% |
| Income between 50K and 75K | 17.99% | 19.53% |
| Income between 75K and 100K | 13.24% | 12.52% |
| Income between 100K and 150K | 12.04% | 12.14% |
| Income between 150K and 250K | 4.85% | 3.91% |
| Income between 250K and 500K | 3.57% | 3.34% |
| Income greater than 500K | 0.84% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.97% | 13.81% |
| Professional and Related Occupations | 24.56% | 22.68% |
| Service | 19.34% | 14.51% |
| Sales and Office | 25.47% | 25.22% |
| Farming, Fishing, and Forestry | 0.11% | 0.68% |
| Construction, Extraction, and Maintenance | 6.71% | 9.37% |
| Production, Transportation, and Material Moving | 8.96% | 15.86% |
The unemployment rate in Newport, RI, is 12.80%, with job growth of -0.52%. Future job growth over the next ten years is predicted to be 26.16%.
Newport, RI Taxes
Newport, RI,sales tax rate is 7.00%. Income tax is 9.90%.
Newport, RI Income and Salaries
The income per capita is $33,780, which includes all adults and children. The median household income is $53,414.
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
