Newport is a city in Maine state in USA with a population of 1766 residents.. The poverty rate of Newport is 25.9%, which is 85% higher than national average. The typical household in Newport earns $30257 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 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 61.7% 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 90% 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 18% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in Newport is 0, which is 100% lower than national average. Median home value in Newport is $147500 , which is 36% lower than national average. While median income in Newport remained $30257, which is 55% lower than national average.