Newport is a suburb of Detroit, Michigan located in Monroe County. It has a population of 48166 and offers an affordable cost of living for those looking to be close to the big city. The average 2 bedroom rent in Newport is $1,310 per month which is slightly lower than the US average rent of $1,430 per month. Additionally grocery costs are also lower with Newport鈥檚 Grocery Cost Index at 95 compared to the US index at 100. This makes it easier for locals to live comfortably while still being able to afford local businesses such as Newport Market, Namaste Indian Restaurant, and Top Gun Barbeque. With its low cost of living and convenient access to Detroit attractions, Newport can offer a great balance between luxury and affordability.
Newport (zip 48166) has an unemployment rate of 5.6%. The US average is 6.0%.
Newport (zip 48166) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Newport (zip 48166)
- The Sales Tax Rate for Newport (zip 48166) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newport (zip 48166) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Newport (zip 48166)
- The average income of a Newport (zip 48166) resident is $32,807 a year. The US average is $37,638 a year.
- The Median household income of a Newport (zip 48166) resident is $66,370 a year. The US average is $69,021 a year.