Newport is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Rhode Island. With a population of 24,232 people and eight constituent neighborhoods, Newport is the 14th largest community in Rhode Island. Much of the housing stock in Newport was built prior to World War II, making it one of the older and more historic cities in the country.
Newport home prices are not only among the most expensive in Rhode Island, but Newport real estate also consistently ranks among the most expensive in America.
Newport is a military town: the armed forces employs 7.98% of the workforce, making the military a major focus of life in the city. In the civilian sector, Accommodation and Healthcare are important in the local economy and are the city’s largest civilian employers, employing 15.75% and 13.24% of the civilian workforce respectively.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.05% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Newport is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
The education level of Newport ranks among the highest in the nation. Of the 25-and-older adult population in Newport, 49.21% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Newport in 2010 was $40,003, which is upper middle income relative to Rhode Island, and wealthy relative to the rest of the US. This equates to an annual income of $160,012 for a family of four. However, Newport contains both very wealthy and poor people as well.
Newport is a very ethnically-diverse city. The people who call Newport home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Newport residents report their race to be White, followed by Black or African-American. Newport also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.01% of the city’s residents. Important ancestries of people in Newport include English, Italian, German, and Portuguese.
The most common language spoken in Newport is English. Other important languages spoken here include Spanish and Portuguese.