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Zip 13416 (Newport, NY) Economy


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The town of Newport, NY is an ideal place to live due to its affordability and convenience. Two-bedroom rent in Newport only costs $810 per month, which is significantly lower compared to the U.S. average of $1,430. Additionally, the grocery cost index in Newport is 98 versus 100 in the US, indicating that groceries are slightly cheaper here than elsewhere.
The local businesses and companies in Newport are plentiful and diverse. There is something for everyone! For those looking for a bite to eat, there are plenty of restaurants such as Riverview Cafe & Marketplace and Jarvis Family Restaurant. The town also boasts a variety of shops such as Diversified Computer Services and Adirondack Builders Supply for products and services from computers and electronics to construction materials. Other businesses include several banks like Community Bank NA and Evans National Bank, salons like Hair Solutions Plus Beauty Salon & Boutique, art galleries like A Fine Line Gallery & Gifts, fitness clubs like Blue Heron Wellness Center, and much more!

Newport (zip 13416) has an unemployment rate of 8.3%. The US average is 6.0%.

Newport (zip 13416) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Newport (zip 13416)
- The Sales Tax Rate for Newport (zip 13416) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Newport (zip 13416) is 6.5%. 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 13416)
- The average income of a Newport (zip 13416) resident is $29,042 a year. The US average is $37,638 a year.
- The Median household income of a Newport (zip 13416) resident is $64,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewport, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Newport
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Over 16 years ago

There is plenty of nature here. In the summer time, everyone is outside working, planting, or playing. In the winter time, snowmobiles are commonly seen everywhere!   More

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