Newport, MN
Population 4,460 · Minnesota
About Newport, MN
Newport is a small town located in Minnesota with a population of 4,460 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,365 per year, which is 16% below the national median of $75,149. The median age of 37.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Newport features a median home value of $331,300, which is 35% above the national median of $244,900. This positions Newport in a moderately priced market relative to the rest of the country. Median monthly rent is $1,080, 7% below the national average of $1,163/month. Of the 2,001 total housing units, 68% are owner-occupied (1,353 units) and 32% are renter-occupied (648 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Newport shows an unemployment rate of 5.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Newport have an average one-way commute time of 23.2 minutes.
Education & Demographics
25.5% of Newport residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 10.2% White, 0.8% Hispanic or Latino, 0.8% Black or African American, and 1.4% Asian residents, with 8.9% of the population being foreign-born.
Cost of Living in Newport, MN
Compared to national averages, Newport has a median household income of $63,365 (16% below the national median of $75,149). Home values average $331,300, which is 35% above the national median. Monthly rent at $1,080 is 7% below the US average of $1,163. Within Minnesota, Newport's income is 15% below the state average of $74,221, and home values are 62% above the state median of $204,472.
Why Live in Newport, MN?
Newport offers rent that’s lower than the national average at $1,080/month, and a low poverty rate of 10.6%, better than the national average, and short commute times averaging just 23.2 minutes.
Potential considerations include median household income ($63,365) 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 4,460 with a median age of 37.6 years. Compare Newport with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Newport
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rockford | 4,521 | $82,228 | $265,900 | Compare |
| Nowthen | 4,539 | $134,491 | $440,200 | Compare |
| Wayzata | 4,363 | $125,344 | $1,047,400 | Compare |
| Wadena | 4,361 | $45,850 | $158,700 | Compare |
| Sauk Centre | 4,589 | $65,763 | $196,000 | Compare |
| Dilworth | 4,664 | $89,577 | $268,100 | Compare |
| Park Rapids | 4,226 | $45,800 | $218,500 | Compare |
| Cannon Falls | 4,216 | $80,515 | $262,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
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, MN?
The population of Newport, MN is 4,460 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Newport?
The median household income in Newport, MN is $63,365 per year, which is 16% below the national median of $75,149.
What is the median home value in Newport?
The median home value in Newport, MN is $331,300, which is 35% above 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, MN is $1,080, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Newport?
The unemployment rate in Newport, MN is 5.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Newport, MN a good place to live?
Newport offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 4,460 and a median age of 37.6, the city appeals to a broad range of residents.
How educated is Newport, MN?
25.5% 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, MN: median home value is $331,300 (35% above national), median rent is $1,080/month, and median household income is $63,365. The home-value-to-income ratio is 5.2x, a moderate figure by national standards.
What is the poverty rate in Newport?
The poverty rate in Newport, MN is 10.6%, 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, MN?
Newport's population is 10.2% White, 0.8% Hispanic or Latino, 0.8% Black or African American, 1.4% Asian, and 5.1% two or more races. 8.9% of residents are foreign-born.