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Population & People
Population
25,087
Median age
37.2
Median household income
$86,313
Poverty rate
16.5%
Unemployment rate
7.9%
Bachelor's degree+
57.9%
Avg. commute
15 min
Hispanic or Latino
10.5%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$746,900
Median gross rent
$1,698/mo
Homeownership rate
49.78%
HUD FMR — 2 bedroom
$1,773
HUD Fair Market Rent (Rhode Island statewide average across 39 areas — not specific to Newport), 2026. Efficiency $1354, 1BR $1427, 2BR $1773, 3BR $2172, 4BR $2554. This is a different official figure from Census median gross rent above.
Energy
Rhode Island commercial electricity
23.46¢/kWh
Rhode Island industrial electricity
21.74¢/kWh
Rhode Island residential electricity
29.46¢/kWh
Economy
Gross Domestic Product: All Industry Total
83956
Real Gross Domestic Product: All Industry Total
64180.1
All-Transactions House Price Index for Rhode Island
1064.86
Unemployment Rate
3.9%
Source: FRED, Rhode Island-specific series.