Apartments for rent in Newport, NC

The small town of Newport, North Carolina is home to slightly more than 4,000 people. Retirees account for a greater percentage of the population (20%) here than nationally (14%), while young professionals account for a smaller percentage of the town. The majority of Newport residents own their homes, and 26% of residents rent. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $788/month. Over the course of a year, renters in Newport will save around $1,700 compared to the state average.

There are two primary industries in Newport: public administration and healthcare. Combined, these industries make up 14% of the labor force in the town. Meanwhile, in terms of job function, many of the town's residents work in sales, as 6% of the town's population reports this as their field of work, the highest number of any profession. With an average annual income of almost $54K, Newport workers earn around $14,000 less than the average North Carolina resident. The town's average income also falls below the national average of $73,345. Compared to the national average (5%), Newport has a relatively high percentage of residents over the age of 25 with an Associate's degree (7%). Additionally, 13% possess a Bachelor's, Master's, Professional, or Doctoral degree.

Newport has an average commute time of about 22 minutes, faster than the North Carolina average of about 25 minutes. Driving is the most common mode of getting to work, selected by 39% of residents, while public transit isn't used. A small percentage of residents commute to work on foot.