Is Newport, Vermont a Good Place To Live? - Living In Newport, VT
Is Newport, Vermont a good place to live?
Newport is a city in Vermont state in USA with a population of 4305 residents..
The poverty rate of Newport is 15.4%, which is 10% higher than national average.
The typical household in Newport earns $37500 a year, compared to the national median of $67,500.
Nearly 57.8% 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 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Newport remained 5.8%, which is 23% 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 17% of adults have a bachelor's degree and 27% 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 $117700 , which is 49% lower than national average. While median income in Newport remained $37500, which is 44% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Newport, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Newport remained 5.8%, which is 23% 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 17% of adults have a bachelor's degree and 27% 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 $117700 , which is 49% lower than national average. While median income in Newport remained $37500, which is 44% lower than national average.
Population
4305
Unemployment
5.8%
Poverty
15.4%
Overall Score
5
Median Home Cost
$117700
49%
NAT AVG.
Median Income
$37500
44%
NAT AVG.
Median Rent
$812
30%
NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 17
People Earning < $10,000
1 in 11
People Earning < $50,000
57.8%
People with <= High School
1 in 1.8
People With Any Degree
1 in 4
Pros & Cons Overview
Jobs50%
Housing60%
Affordability50%
Safety40%
Amenities60%
Diversity50%
Education60%
Commute85%
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