Zip 28570 (Newport, NC) Economy


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28570 Newport, NC is a great place to live due to its affordable rent and cost of living. The average 2 bedroom rent in 28570 Newport, NC is $1,010 which is significantly lower than the US national average of $1,430. Similarly, the Grocery Cost Index (GCI) is 99 in 28570 Newport, NC compared to 100 in the US. In addition to its affordability, 28570 Newport, NC also has plenty of local amenities to enjoy. Popular businesses include Farmboy Country Store & Smoke House Restaurant, Joe’s Cafe & Barbecue, Dixon Pizza & Sub Shop and Wildwood Farm. With its low prices and close proximity of local businesses and attractions it's easy to see why so many people choose to make 28570 Newport their home.

Newport (zip 28570) has an unemployment rate of 4.0%. The US average is 6.0%.

Newport (zip 28570) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Newport (zip 28570)
- The Sales Tax Rate for Newport (zip 28570) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Newport (zip 28570) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Newport (zip 28570)
- The average income of a Newport (zip 28570) resident is $23,658 a year. The US average is $28,555 a year.
- The Median household income of a Newport (zip 28570) resident is $63,882 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewport, North CarolinaUnited States
  46
  -5.3%-6.2%
  32.7%33.5%
  6.8%6.2%
  5.3%4.6%
  $32,437$37,638
  $63,882$69,021
  $73,930$85,028
  Population by Occupation
  1.9%1.2%
  0.1%0.5%
  8.5%6.8%
  5.9%10.0%
  1.8%2.5%
  16.2%11.0%
  4.0%4.8%
  0.8%0.8%
  0.7%1.9%
  1.1%4.7%
  3.9%1.9%
  4.6%7.6%
  0.0%0.1%
  6.5%4.2%
  7.1%9.3%
  10.8%14.0%
  1.7%2.1%
  10.1%7.0%
  4.2%4.8%
  10.0%4.7%
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