Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Newport city, Rhode Island?
City · Census ACS 5-Year estimates
The median home value in Newport city, Rhode Island is $746,900 (±$43,754), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,698/month, and the median household income is $86,313/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Newport city, Rhode Island
| Metric | Value |
|---|---|
| Median Home Value | $746,900 |
| Median Gross Rent | $1,698 |
| Median Household Income | $86,313 |
| Total Housing Units | 11,049 |
| Renter-Occupied Units | 5,549 |
| Renter-Occupied Share | 50% |
How does Newport city, Rhode Island compare?
Median home value ranked against all cities in Rhode Island.
Higher home value than 86% of cities in Rhode Island · 6th of 35
| # | City | Value |
|---|---|---|
| 1 | Watch Hill CDP | $2,000,001 |
| 2 | Weekapaug CDP | $1,252,700 |
| 3 | Quonochontaug CDP | $1,043,900 |
| … 2 more … | ||
| 6 | Newport city(you are here) | $746,900 |
| … 26 more … | ||
| 33 | Woonsocket city | $311,000 |
| 34 | Chepachet CDP | $279,400 |
| 35 | Hopkinton CDP | $273,400 |
More data for Newport city, Rhode Island
Frequently asked questions
What is the median home value in Newport city, Rhode Island?
The median home value in Newport city, Rhode Island is $746,900, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Newport city, Rhode Island?
The median gross rent in Newport city, Rhode Island is $1,698/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Newport city, Rhode Island?
The median household income in Newport city, Rhode Island is $86,313/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $746,900 has a margin of error of ±$43,754. In very small areas, MOEs can be large relative to the estimate.
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