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Newport Rhode Island Real Estate By Jennifer Hershey

Newport Rhode Island Real Estate

Newport, Rhode Island, is located in Newport County, 15 miles SE of Warwick, Rhode Island and 59 miles S of Boston, Massachusetts. Newport has a population of 26,475.

Newport Homes

Newport properties pool is 11,566 residential properties including Newport new homes. Median age of real estate in Newport is 1939. Average Household size is 2.86 people. 5% are one bedroom homes, 22% are 2 bedroom homes, 41% are 3 bedroom homes, 20% are 4 bedroom homes, and 12% are 5+ bedroom homes.

Newport Mortgage Statistics

Newport mortgages vs. USA median statistics

Homes Newport USA
Homes With No Mortgage 31%
30%
Homes With Mortgage 69%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 18%
16%

Newport Area Real Estate Tax

Newport Real estate Tax: Median Real Estate Taxes (2000) were $2,865 comparing to 1999 Median Family income $ 54,116. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Newport School District: Children make up 19.6% of Newport population. Newport has 5,199 under 18 years old residents, or 0.37 kids per one worker, or 0.45 kids per one household.

Newport Real Estate & Newport Homeownership

There are 4510.74 or 39% one person households, 3816.78 or 33% two person households, and 1503.58 or 13% three person households in Newport, Rhode Island. Median residents age is 34.9, Senior citizens (65+) make up 3,408 or 12.9%% of Newport population.

There are 13,976 workers (over 16 years of age) in Newport. Of these, 78.08% drive to work. Approximately 2.45% of workers in Newport take public transportation. An estimated 13.12% walk to work.

Median Newport homeowner's housing expences are 20.7%

Crime in Newport (2003), crimes per 10,000 residents per year

Type of Crime Newport USA, 2003
Violent Crimes
43.06
47.5
Robberies
4.91
14.2
Aggravated Assaults
28.71
29.5
Property Crimes
498.58
358.8
Burglaries
110.67
74.0
Larceny-Thefts
359.96
241.5
Motor Vehicle Thefts
27.95
43.3

Invest in Newport Properties

When making a decision about buying real estate in Newport Rhode Island area, you should consider following statistical data:

Category Newport USA
Near Medium City
Warwick, Rhode Island
-
Near Large City
Boston, Massachusetts
-
Newport Zip Codes
02840, 02841
-
Newport Area Codes
401
-
White population
84.12%
75.1%
African-American population
7.75%
12.3%
Asian
1.33%
3.6%
American Indian & Alaskan
0.85%
0.9%
Hispanic (of any race)
5.54%
12.5%
Median Family Income (1999)
$ 54,116%
$42,000
Population Below Poverty Level
13.3%
12.4%

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See Also:

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Burrillville Rhode Island Real Estate
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Charlestown Rhode Island Real Estate
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Coventry Rhode Island Real Estate
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