What is the median home price in Newport?

The median home price in Newport, Newport city, Tennessee is $123,900, which is 56% below the national average of 281,900 ($281,900).

Newport, Newport city, Tennessee has a violent crime rate of 2.5 per 1,000 residents, which is 31% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 4.0 per 1,000 residents.

What is the Walk Score for Newport?

Newport, Newport city, Tennessee has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 14/100.

What is the median household income in Newport?

The median household income in Newport, Newport city, Tennessee is $35,784, which is 52% below the national average of 74,580 ($74,580).

What is the average rent in Newport?

The median rent in Newport, Newport city, Tennessee is $750 per month. The national average median rent is $1,163/month.

What is the air quality in Newport?

Newport, Newport city, Tennessee has an Air Quality Index (AQI) of 34, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Newport?

The population of Newport, Newport city, Tennessee is approximately 6,850. The homeownership rate is 53.1% (national average: 65.9%).

What are the climate risks in Newport?

Newport, Newport city, Tennessee has an overall climate risk rating of "Relatively Low" with a risk score of 48.34. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

What is the unemployment rate in Newport?

The unemployment rate in Newport, Newport city, Tennessee is 6.1%. The national average unemployment rate is 3.7%. The poverty rate is 28.2% (national average: 12.4%).

Newport

Newport city, Tennessee

Affordable

About Newport

Nestled in the foothills of the Great Smoky Mountains, Newport, Tennessee, offers a refreshing escape from the hustle and bustle, all while keeping your wallet happy. With a population just shy of 7,000, this close-knit community boasts a median home value of approximately $124,000—a stark contrast to the national average of $350,000. Here, you'll find a slower pace of life, where neighbors know each other and the beauty of the outdoors is always within reach. The cost of living is exceptionally low, making it an attractive option for those seeking affordability without sacrificing quality of life. Imagine spending your weekends hiking in the Smokies or enjoying a leisurely afternoon by the French Broad River, all without breaking the bank.

From an investment perspective, Newport presents a compelling opportunity. While the median household income sits around $36,000, the incredibly affordable housing market offers potential for significant returns. This area is ideally suited for first-time homebuyers, retirees looking to downsize, or anyone seeking a peaceful and budget-friendly lifestyle. The town's charm and natural beauty are undeniable, making it a great place to settle down. While I don't have unemployment or walk score data, the town is known for its safety and friendly atmosphere.

Newport, Tennessee at a Glance

Newport is a city in Newport city, Tennessee with a population of approximately 6,850. The median home value is $123,900 and the median household income is $35,784. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 2.5 per 1,000 residents, which is 31% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $750 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.