Zip 02842 (Newport East, RI) 

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Economy in Zip 02842 (Newport East, RI)

Newport East (zip 02842) has an unemployment rate of 7.3%. The US average is 6.0%.

Newport East (zip 02842) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Newport East (zip 02842)
- The Sales Tax Rate for Newport East (zip 02842) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Newport East (zip 02842) is 3.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Newport East (zip 02842)
- The average income of a Newport East (zip 02842) resident is $34,972 a year. The US average is $28,555 a year.
- The Median household income of a Newport East (zip 02842) resident is $70,037 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYNewport East, Rhode IslandUnited States
  7.3%6.0%
  -8.8%-6.2%
  29.9%33.5%
  7.0%6.2%
  3.8%4.6%
  $36,678$31,177
  $65,851$57,652
  $81,860$70,850
  POPULATION BY OCCUPATION
  0.3%1.3%
  0.0%0.6%
  4.9%6.2%
  6.9%10.4%
  1.3%2.7%
  12.4%11.6%
  1.1%4.1%
  0.3%0.9%
  1.3%2.1%
  3.2%4.7%
Real estate, rental, leasing2.5%1.9%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Newport East (zip 02842)


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