Newport borough in Pennsylvania is a great place to live with a range of available amenities. The town offers 2 bedroom rental prices for $960, which is much lower than the national average of $1,430. Additionally, Newport borough has a grocery cost index of 101 compared to 100 nationally. This suggests that groceries may be slightly more expensive in Newport borough than elsewhere in the country. \nLocal companies include Lebanon Valley Petroleum Distributors Inc., Jordan Spizikes Pizza & Restaurant, and Parkesburg Auto Parts & Supply Co., giving residents a variety of services close to home. With its low rental costs and relative affordability for groceries, Newport borough provides an ideal cost-of-living compared to other areas.
Newport has an unemployment rate of 5.5%. The US average is 6.0%.
Newport has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Newport
- The Sales Tax Rate for Newport is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newport is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newport
- The average income of a Newport resident is $20,625 a year. The US average is $28,555 a year.
- The Median household income of a Newport resident is $66,932 a year. The US average is $69,021 a year.