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Newport County Housing Market

Rhode Island · 5 counties · Ranked #3055 in home value

Above National Avg

Housing at a Glance

Median Home Value

$559,700

vs national+$559,700 vs $281,900 national

Median Gross Rent

$1,652/mo

vs national+$1,652 vs $1,163 national

Effective Tax Rate

0.95%

vs national0.95% vs 1.02% national

Median Household Income

$100,859

vs national+$100,859 vs $74,755 national

Affordability Ratio

5.5x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$5,345

Tax as % of Home Value

0.95%

Monthly Owner Cost

$1,899

Renter Income

$66,902

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Newport County?

The median home value in Newport County is $559,700. This is above the national median of $281,900.

How much is rent in Newport County?

The median gross rent in Newport County is $1,652 per month.

What is the property tax rate in Newport County?

The effective property tax rate in Newport County is 0.95%. The median annual property tax bill is $5,345.

Is Newport County affordable?

With a home-value-to-income ratio of 5.5x, Newport County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.