Newport, IN
Population 283 · Indiana
About Newport, IN
Newport is a small community located in Indiana with a population of 283 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,667 per year, which is 38% below the national median of $75,149. The median age of 49.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Newport features a median home value of $58,800, which is 76% below the national median of $244,900. This makes Newport one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $569, 51% below the national average of $1,163/month. Of the 189 total housing units, 85% are owner-occupied (136 units) and 15% are renter-occupied (24 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Newport shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 9.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Newport have an average one-way commute time of 31.8 minutes.
Education & Demographics
8.3% of Newport residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 4.2% White, 3.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.8% of the population being foreign-born.
How Newport Ranks in Indiana
Cost of Living in Newport, IN
Compared to national averages, Newport has a median household income of $46,667 (38% below the national median of $75,149). Home values average $58,800, which is 76% below the national median. Monthly rent at $569 is 51% below the US average of $1,163. Within Indiana, Newport's income is 33% below the state average of $69,330, and home values are 64% below the state median of $163,409.
Why Live in Newport, IN?
Newport offers affordable housing with a median home value of $58,800, below the US average of $244,900, and rent that’s lower than the national average at $569/month, and a low poverty rate of 9.5%, better than the national average.
Potential considerations include median household income ($46,667) that falls below the national average. However, Newport’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Newport has a population of 283 with a median age of 49.2 years. Compare Newport with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Newport
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elizabethtown | 283 | $65,625 | $117,500 | Compare |
| Adams Lake | 284 | $91,591 | $0 | Compare |
| Oswego | 284 | $0 | $244,000 | Compare |
| Stroh | 284 | $73,788 | $0 | Compare |
| Forest | 281 | $0 | $68,300 | Compare |
| Hartsville | 281 | $66,875 | $131,300 | Compare |
| Switz City | 281 | $44,375 | $81,700 | Compare |
| Cloverland | 279 | $73,229 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Newport With Other Cities
Frequently Asked Questions about Newport
What is the population of Newport, IN?
The population of Newport, IN is 283 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Newport?
The median household income in Newport, IN is $46,667 per year, which is 38% below the national median of $75,149.
What is the median home value in Newport?
The median home value in Newport, IN is $58,800, which is 76% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Newport?
The median monthly rent in Newport, IN is $569, which is 51% below the national average of $1,163/month.
What is the unemployment rate in Newport?
The unemployment rate in Newport, IN is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Newport, IN a good place to live?
Newport offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 283 and a median age of 49.2, the city appeals to established professionals and retirees.
How educated is Newport, IN?
8.3% of residents in Newport aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Newport?
Key cost-of-living indicators for Newport, IN: median home value is $58,800 (76% below national), median rent is $569/month, and median household income is $46,667. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Newport?
The poverty rate in Newport, IN is 9.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Newport, IN?
Newport's population is 4.2% White, 3.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.8% of residents are foreign-born.