Economy in Newport, Tennessee
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Economy
| Unemployment Rate | 14.40% | 9.10% |
| Recent Job Growth | 1.76% | -0.12% |
| Future Job Growth | 29.12% | 31.25% |
| Sales Taxes | 9.75% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $16,074 | $27,067 |
| Household Income | $25,355 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 33.21% | 12.10% |
| Income between 15K and 25K | 16.24% | 10.18% |
| Income between 25K and 35K | 14.53% | 10.56% |
| Income between 35K and 50K | 14.80% | 14.98% |
| Income between 50K and 75K | 11.30% | 19.53% |
| Income between 75K and 100K | 4.87% | 12.52% |
| Income between 100K and 150K | 3.99% | 12.14% |
| Income between 150K and 250K | 0.62% | 3.91% |
| Income between 250K and 500K | 0.44% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.27% | 13.81% |
| Professional and Related Occupations | 16.77% | 22.68% |
| Service | 17.48% | 14.51% |
| Sales and Office | 26.39% | 25.22% |
| Farming, Fishing, and Forestry | 0.86% | 0.68% |
| Construction, Extraction, and Maintenance | 8.88% | 9.37% |
| Production, Transportation, and Material Moving | 26.47% | 15.86% |
The unemployment rate in Newport, TN, is 14.40%, with job growth of 1.76%. Future job growth over the next ten years is predicted to be 29.12%.
Newport, TN Taxes
Newport, TN,sales tax rate is 9.75%. Income tax is 0.00%.
Newport, TN Income and Salaries
The income per capita is $16,074, which includes all adults and children. The median household income is $25,355.
Newport Economy SperlingViews
Cosby Elem. School: My son really enjoys going to school... (read more)wanting to move there: I rode through the town and spoke to several people that seemed to be very friendly. Now we had read all these comments on your city about the crime, burglaries, etc. We... (read more)Quiet,beautiful little town.: Well,I read a review about my town on this site and it really bothered me. It had some truth,but mostly it was just untrue and obviously written by someone with limited... (read more)Have an opinion about Newport? Leave a commentTo See All SperlingViews for Newport Click Here
