Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
This area reports elevated crime rates per 100,000 individuals, potentially pointing some areas being unsafe for its residents. Stats are based on both property and violent crimes.
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Located in the state of Tennessee, Newport is a smaller city with a population of 6,865 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (87% White). Given that fact, Newport could be considered less diverse than other cities. Not a fan of sitting in traffic during your commute to work? Newport offers shorter work commutes, with an average one-way commute time taking only 17 minutes, far lower than the national average of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Newport could be a positive experience compared to other cities in Tennessee if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like cost of living, commute, employment, you can easily compare the best places to live in Newport and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Newport to Tennessee and the national average.
Newport has a livability score of 52 out of 100 and is ranked #387 in Tennessee and #24,269 in the USA. This is a poor rating when compared to the average of other places in the country. For each of the livability categories, we can establish that Newport ranks very well for housing (B-). Regrettably for Newport, there are some categories for which it does not score well, this includes: amenities (F), crime (F), education (F) and employment (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Newport market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Newport. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Newport are affordable. Median real estate prices in Newport come in at $93,400, which is 36% lower than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In Newport, the home price to income ratio is 2.8, which is 9.7% lower than the Tennessee average.
Statistic | Newport | Tennessee | National |
Average one way commute | 17min | 25min | 26min |
Workers who drive to work | 89.2% | 83.6% | 76.4% |
Workers who carpool | 9.1% | 9.2% | 9.3% |
Workers who take public transit | 0.0% | 0.8% | 5.1% |
Workers who bicycle | 0.0% | 0.1% | 0.6% |
Workers who walk | 1.1% | 1.4% | 2.8% |
Working from home | 0.7% | 3.9% | 4.6% |