Newport County, Rhode Island
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Newport County Compares
Detailed Income Statistics
Income Advisory: Newport County
Income Verdict
Newport County has a median household income of $100,859 and per capita income of $60,920 — a gap of $39,939, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $1,652/month and a median household income of $100,859, rent consumes approximately 19.7% of monthly income — well within affordable thresholds.
Economic Context
The median household income of $100,859 places Newport County in a high-earning tier, supporting strong purchasing power and above-average consumer spending. Per capita income of $60,920 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Newport County earns approximately 4.2% above the Rhode Island state median household income of $96,749, positioning it favorably within the state.
Data Story
About Household Income in Newport County, Rhode Island
Newport County earns 35% above national median
Newport County's median household income of $100,859 substantially exceeds the national median of $74,755, placing residents $26,104 ahead of the typical US household. This income premium reflects Newport's reputation as an affluent, high-earning community.
Second-highest earners in Rhode Island
Newport County ranks second among Rhode Island's five counties, earning $4,110 more than the state median of $96,749. Per capita income of $60,920 significantly exceeds the state average of $52,579, indicating strong individual earnings across the county.
Newport's wealth attracts national attention
Newport County ($100,859) trails only Bristol ($110,926) but exceeds Washington ($102,478)—though the difference is marginal. However, Newport's 19.7% rent-to-income ratio is the highest among affluent Rhode Island neighbors, signaling that housing costs strain even high incomes here.
High incomes, high housing costs
Despite strong median household income, Newport's 19.7% rent-to-income ratio approaches the upper comfort zone, driven by the state's highest median home value of $559,700. Residents spend nearly one-fifth of earnings on housing, leaving less flexibility than Bristol or Washington counties.
Navigate high costs with smart planning
Newport's premium incomes and property values demand sophisticated financial strategy, particularly around mortgage structuring and investment diversification. Consult a fee-only financial planner to balance Newport's lifestyle costs with long-term wealth accumulation goals.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Newport County
Your income is above the Newport County median
County median: $100,859 per year
vs. County Median
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vs. State Average
+4%
vs. National Median
+35%
Income Adequacy
Your monthly income ($8,405) vs. median rent ($1,652/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.