Newport County, Rhode Island Income Statistics
Newport County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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B
Newport County Around averageWealthiest county in Rhode Island
Source: Map AI Methodology
Income Statistics Overview
| Metric | Newport County | Rhode Island Avg | US Average |
|---|---|---|---|
| Median Household Income | $103,981 | $88,093 | $80,455 |
| Median Personal Income | $77,089 | $66,452 | $60,758 |
| Average Yearly Income Growth | 4.9% | 5.2% | 4.8% |
| Six-Figure Earners | 20.0% | 14.6% | 13.9% |
| $200k+ Households | 18.7% | 13.8% | 13.2% |
The median household income in Newport County is about 18% higher than in Rhode Island. Income has been growing slower in Newport County (4.9%/yr) than in Rhode Island (5.2%/yr).
About 20% of adults in Newport County earn six figures ($100,000 or more) a year, higher than the Rhode Island average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Newport County, Rhode Island grew by 59.4% from 2009 to 2024, reaching $103,981 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in Newport County
| Metric | Newport County | Rhode Island Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.501 | 0.529 | 0.552 |
| Male Median Income | $87,781 | $75,201 | $69,667 |
| Female Median Income | $71,441 | $63,031 | $56,850 |
| Gender Pay Gap | 18.6% | 16.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Newport County, it is 0.501, lower than Rhode Island's 0.529, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 23% more than women's income in Newport County, Rhode Island. Over a 35-year career, a 23% wage gap accumulates to roughly $571,900 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Newport County, Rhode Island has narrowed from about 28% to 19% in 2024. Over that period the gap was narrowest at 16% in 2022. In dollar terms, the gap has narrowed by $623 since 2009.
Employment
| Metric | Newport County | Rhode Island Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 5.8% | 5.2% |
| Working from Home | 15.7% | 13.0% | 15.0% |
| Commute time (minutes) | 17 | 21 | 22 |
Approximately 2,553 people are unemployed in Newport County, Rhode Island.
The average commute time in Newport County is 17 minutes, shorter than the 21 minutes in Rhode Island.
Unemployment Rate Over Time
The unemployment rate in Newport County, Rhode Island has stayed about flat at 5.5% since 2011. Over that period the rate peaked at 7.1% in 2014 and fell as low as 4.0% in 2019.
Newport County, RI Wealth Compared With Nearby Counties
Newport County, RI is the 5th largest of the 6 counties compared here, 84,657 residents against a local median of 171,061. Where Newport County, RI breaks from the counties next to it is unemployment, sitting 16% above the local median of 4.7% at 5.5%. That is the weaker end of the local range on this measure.
The counties themselves spread 3.5% on unemployment, so Newport County, RI sits at one end of an already wide local range rather than apart from it. Newport County, RI has the 5th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Newport County, RI | 84,657 | $103,981 #3/6 | 4.9%/yr #4/6 | 5.5% #5/6 | 0.501 #2/6 |
| Bristol County, RI | 50,443 | $112,759 | 5.8%/yr | 3.0% | 0.532 |
| Bristol County, MA | 582,104 | $85,695 | 4.7%/yr | 5.5% | 0.523 |
| Kent County, RI | 171,061 | $94,069 | 4.6%/yr | 4.7% | 0.501 |
| Washington County, RI | 130,338 | $108,800 | 4.9%/yr | 4.4% | 0.525 |
| Providence County, RI | 663,899 | $78,766 | 5.7%/yr | 6.5% | 0.537 |
Conclusion
Considering all these factors, Newport County, Rhode Island has an overall wealth index grade of B, making it somewhat better than Rhode Island, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Newport County, Rhode Island.
How Rich Is Newport County, Rhode Island?
Newport County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $103,981, about 18% higher than the Rhode Island average of $88,093.
Are incomes growing in Newport County, Rhode Island?
Between 2009 and 2024, the median household income in Newport County, Rhode Island rose 59%, from $65,231 to $103,981. Over the same years, income here outpaced Rhode Island as a whole: +59% against +57%.
What was the median household income in Newport County in 2023?
In 2023, the median household income in Newport County, Rhode Island was $100,909, up 4% from $96,756 in 2022. The Rhode Island median that year was $86,472.
What was the median household income in Newport County in 2020?
In 2020, the median household income in Newport County, Rhode Island was $85,400. By 2024 it had risen 22% to $103,981.
Do many residents of Newport County, Rhode Island earn over $100,000?
Yes. 20% of adults in Newport County, Rhode Island earn $100,000 or more a year (about 1 in 5), against 15% (about 1 in 7) in Rhode Island. 19% of households have a combined income of $200,000 or more, compared with 14% in Rhode Island.
What is the Gini coefficient in Newport County, Rhode Island?
The Gini coefficient in Newport County is 0.501. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Newport County, Rhode Island?
Since 2009, the income gap between men and women in Newport County, Rhode Island has narrowed from about 28% to 19% in 2024. Over that period the gap was narrowest at 16% in 2022. In dollar terms, the gap has narrowed by $623 since 2009.
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