The city of Newport, TN Metro Area is a great place to call home. With a 2 Bedroom rent of only $750, it's much more affordable than the rest of the US; and with its Grocery Cost Index at 94, you are sure to find good value for money. Local companies such as Blevins Building Supply Company, Sugarplum Floral Design, and Higher Ground Outfitters provide residents with high quality products and services. With so much to offer, Newport has become an attractive option for many people looking for a place to live.
Newport Metro Area has an unemployment rate of 6.8%. The US average is 6.0%.
Newport Metro Area has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Newport Metro Area
- The Sales Tax Rate for Newport Metro Area is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Newport Metro Area is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newport Metro Area
- The average income of a Newport Metro Area resident is $18,113 a year. The US average is $28,555 a year.
- The Median household income of a Newport Metro Area resident is $41,558 a year. The US average is $69,021 a year.