Is Newport, Arkansas a Good Place To Live? - Living In Newport, AR
Is Newport, Arkansas a good place to live?
Newport is a city in Arkansas state in USA with a population of 7552 residents..
The poverty rate of Newport is 23.4%, which is 67% higher than national average.
The typical household in Newport earns $32783 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 70.1% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Newport are struggling financially. Nearly one in every 1 in every 10 workers in Newport is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.
A high school education is a basic prerequisite for most jobs, and in Newport, only 83% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Newport remained 10.3%, which is 119% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Newport, only 11% of adults have a bachelor's degree and 30% have some college but no degree.
Cost of living in Newport is 81, which is 19% lower than national average. Median home value in Newport is $83700 , which is 64% lower than national average. While median income in Newport remained $32783, which is 51% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Newport, only 83% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Newport remained 10.3%, which is 119% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Newport, only 11% of adults have a bachelor's degree and 30% have some college but no degree.
Cost of living in Newport is 81, which is 19% lower than national average. Median home value in Newport is $83700 , which is 64% lower than national average. While median income in Newport remained $32783, which is 51% lower than national average.
Population
7552
Unemployment
10.3%
Poverty
23.4%
Overall Score
4
Median Home Cost
$83700
64%
NAT AVG.
Median Income
$32783
51%
NAT AVG.
Median Rent
$513
56%
NAT AVG.
Cost Of Living
81
19%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 10
People Earning < $10,000
1 in 9
People Earning < $50,000
70.1%
People with <= High School
1 in 1.7
People With Any Degree
1 in 5.3
Pros & Cons Overview
Jobs30%
Housing30%
Affordability80%
Safety20%
Amenities70%
Diversity85%
Education40%
Commute100%
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