Newport is a city in Kentucky state in USA with a population of 15045 residents.. The poverty rate of Newport is 26.4%, which is 89% higher than national average. The typical household in Newport earns $39335 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 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 57.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Newport, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Newport remained 6.5%, which is 38% higher than national rate. Nearly 1 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 32% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Newport is 89, which is 11% lower than national average. Median home value in Newport is $162000 , which is 30% lower than national average. While median income in Newport remained $39335, which is 42% lower than national average.