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Economy in Newport East, Rhode Island

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyNewport East, RIUnited States
Unemployment Rate12.00%9.10%
Recent Job Growth-0.55%-0.12%
Future Job Growth26.90%31.25%
Sales Taxes7.00%6.80%
Income Taxes9.90%6.25%
Income per Cap.$35,435$27,067
Household Income$66,212$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.70%12.10%
Income between 15K and 25K6.75%10.18%
Income between 25K and 35K9.16%10.56%
Income between 35K and 50K13.79%14.98%
Income between 50K and 75K22.31%19.53%
Income between 75K and 100K16.79%12.52%
Income between 100K and 150K14.76%12.14%
Income between 150K and 250K7.04%3.91%
Income between 250K and 500K3.20%3.34%
Income greater than 500K0.50%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.33%13.81%
Professional and Related Occupations29.10%22.68%
Service16.41%14.51%
Sales and Office25.15%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance7.88%9.37%
Production, Transportation, and Material Moving9.77%15.86%
Median Household Income

The unemployment rate in Newport East, RI, is 12.00%, with job growth of -0.55%. Future job growth over the next ten years is predicted to be 26.90%.

Newport East, RI Taxes

Newport East, RI,sales tax rate is 7.00%. Income tax is 9.90%.

Newport East, RI Income and Salaries

The income per capita is $35,435, which includes all adults and children. The median household income is $66,212.


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