Newport East CDP Rhode Island Income Charts

This section shows the Newport East CDP Rhode Island economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Newport East CDP depicts it has a Median earnings of $63,665 which is the second most median earnings of all the places in the greater Newport East CDP region. The place with the highest median earnings per worker in the area is Narragansett Pier CDP which depicts a median earnings of $74,018 (16.3% larger). Comparing median earnings per worker to the United States average of $53,269, Newport East CDP is 19.5% larger. Also, versus the state of Rhode Island, median earnings per worker of $56,841, Newport East CDP is 12.0% larger.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $76,625 which is the second smallest when ranked by median household income of all the other places in the local area. The place with the highest median household income in the area is Kingston CDP which shows a median income of $116,250 (51.7% larger). Comparing median household income to the United States average of $69,021, Newport East CDP is 11.0% larger. Also, in comparison with the state of Rhode Island, median household income of $74,489, Newport East CDP is only about 2.9% larger.

The next section examines a variety of different income statistics for the Newport East CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 6.2% of the total and is ranked #2. The only larger place being North Westport CDP with 7.0%. Second, it has one of the largest proportions of earnings between $15,000 and $19,999 at 30.3% of the total and is ranked #2. The only larger place being Tiverton CDP with 31.1%. Third, it has the largest proportion of earnings between $50,000 and $74,999 at 14.0% of the total and is ranked #1.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 39.3 which is the second most average hours of all the places in the greater Newport East CDP region. The place with the highest average hours in the area is Melville CDP which indicates an average hours of 43.2 (9.9% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $31.15 which is the third most of all other places in the local area. The place with the highest average hourly earnings in the area is Kingston CDP which depicts an average hourly earnings of $42.79 (37.4% larger). Comparing average hourly earnings to the United States average of $26.40, Newport East CDP is 18.0% larger. Also, compared to the state of Rhode Island, average hourly earnings of $28.92, Newport East CDP is 7.7% larger.

Figure 7 examines the number of self employed people in the Newport East CDP metro area based on the number of people who reported any self employment income. Newport East CDP indicates it has a Self Employed of 8.7% which is in the middle range of other places in the local area. The place with the highest percentage of people self employed in the area is North Westport CDP which depicts a percentage self employed of 12.4% (42.1% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $89,605 of the total and is ranked #3. Only #2 Melville CDP ($103,393), and #1 North Westport CDP ($130,016) are larger. Second, it has one of the largest proportions of median income-25 to 44 years at $98,531 of the total and is ranked #3. Only #2 Narragansett Pier CDP ($115,865), and #1 Kingston CDP ($126,823) are larger. Third, it has less than most other places in the greater region when sorted by median income-45 to 64 years at $53,750 of the total.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 26.0% which is in the mid point range of other places in the local area. The place with the highest households with retirement income in the area is Tiverton CDP which shows a households with retirement income of 30.5% (17.0% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income less than most other places in the metropolitan area at $101,444 of the total. Second, it has the largest proportion of white family income at $73,074 of the total and is ranked #1. Third, it has the largest proportion of american indian family income at $250,001 of the total and is ranked #1.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Newport East CDP depicts it has the hightest cost of 139.3 for the cost of housing grouping.

Newport East CDP Rhode Island Labor Force Charts

The next two charts look at monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate shows that from February 2017 to before the COVID-19 Pandemic it went from 5.5% to 3.1% in December 2019. This represents a decrease in the monthly unemployment rate of 43.6%. Since that time, the monthly unemployment rate has gone to 3.1%. This represents an increase in the monthly unemployment rate of very little. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. The monthly labor force participation shows that from January 2017 to before the disasterous Covid-19 virus Pandemic it went from 7,970 to 7,984 in November 2019. This represents an increase in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 7,984. This represents an increase in the monthly labor force participation of very little.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Newport East CDP shows it has a Unemployment Rate of 4.0% which is in the mid range of other places in the greater region. The place with the highest unemployment rate in the area is Kingston CDP which shows a rate of 5.7% (45.2% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Newport East CDP depicts it has a Labor Force Participation of 68.6% which is the second most participation rates of all the places in the greater Newport East CDP region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Newport East CDP depicts full time employees approximately 3.9 times bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater Newport East CDP area. Newport East CDP depicts it has a Single Earner Families of 20.0% which is the second smallest as measured by families with a single earner of all the other places in the metro area. The place with the highest families with a single earner in the area is Melville CDP which shows a single earners rate of 43.1% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Newport East CDP shows it has a Families with No One Working of 18.0% which is in the mid range of other places in the greater region. The place with the highest families with no one working in the area is North Westport CDP which shows a families with no worker of 22.1% (22.9% larger).

Newport East CDP Rhode Island Poverty Charts

The next section details economy analysis about poverty for residents of the Newport East CDP community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Newport East CDP depicts it has a Total In Poverty of 1,151 which is the second most total people earning less than the poverty level of all the places in the greater Newport East CDP region. The place with the highest total people earning less than the poverty level in the area is Newport which depicts a total people earning less than the poverty level of 3,387 (approximately 2.9 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Newport East CDP indicates it has a Percent of Population In Poverty of 9.8% which is the third most percent of people earning less than the poverty level of all other places in the greater Newport East CDP region. The place with the highest percent of people earning less than the poverty level in the area is Narragansett Pier CDP which shows a percent of people in poverty of 18.3% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Newport East CDP has the percentage of person in poverty 12 to 17 years the second smallest when sorted by person in poverty under 12 years of all the other places in the greater region at 16% of the total. Second, it has less than most other places in the local area when sorted by person in poverty 18 to 34 years at 9% of the total. Third, it has one of the largest proportions of person in poverty 55 to 64 years at 33% of the total and is ranked #2. The only larger place being Melville CDP with 55%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Newport East CDP has the smallest proportion of white poverty rate at 4% of the total. Second, it has one of the largest proportions of black poverty rate at 3% of the total and is ranked #2. The only larger place being Narragansett Pier CDP with 100%. Third, it has the largest proportion of hawaiian poverty rate at 39% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Newport East CDP has one of the largest proportions of married with children and in poverty at 36% of the total and is ranked #2. The only larger place being Newport with 57%. Second, it has one of the largest proportions of unmarried with children and in poverty at 44% of the total and is ranked #3. Only #2 North Westport CDP (53%), and #1 Newport (64%) are larger. Third, it has one of the largest proportions of unmarried female with children and in poverty at 6% of the total and is ranked #3. Only #2 Tiverton CDP (33%), and #1 Newport (41%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Newport East CDP has the largest proportion of has some college and in poverty at 8% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Newport East CDP has the smallest proportion of people who are in poverty and unemployed at 16.8% of the total. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Newport East CDP depicts it has a Public Assistance Percent of 11.7% which is the third most households with public assistance of all other places in the greater Newport East CDP region. The place with the highest households with public assistance in the area is Newport which shows a households with public assistance of 14.5% (24.1% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Newport East CDP shows it has a Gini Index of 42.4% which is in the mid range of other places in the local area.

Newport East CDP Rhode Island Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Newport East CDP or elsewhere.) Newport East CDP has the largest proportion of people who carpooled at 10% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Newport East CDP has the largest proportion of people who leave for work between 530 am to 6am at 9% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 630 am to 7am at 20% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 11am to 12noon at 2% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Newport East CDP has the percentage of people with commute time of less than 5 minutesutes less than most other places in the area at 17% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 25% of the total and is ranked #2. The only larger place being Melville CDP with 37%. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 19% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 60 to 89 minutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. Newport East CDP depicts it has a Avg Commute Time of 20 which is the third most average commute time of all other places in the greater Newport East CDP region. Figure 38 shows the difference between male versus female commuting time. Newport East CDP depicts average commute time in minutes for men 54.3% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Newport East CDP has one of the largest proportions of no vehicle available at 28% of the total and is ranked #2. The only larger place being Newport with 31%. Second, it has one of the largest proportions of 4 vehicles available at 5% of the total and is ranked #3. Only #2 North Westport CDP (6%), and #1 Narragansett Pier CDP (7%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Newport East CDP shows it has a Work in city or place where live of 26% which is in the mid range of other places in the local area. The place with the highest people who both work and live in the same city in the area is Newport which shows a people who both work and live in the same city of 62% (approximately 2.4 times bigger). Comparing people who both work and live in the same city to the United States average of 44%, Newport East CDP is approximately half the size. Also, versus the state of Rhode Island, people who both work and live in the same city of 33%, Newport East CDP is approximately three-fourths the size.

Newport East CDP Rhode Island Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Newport East CDP depicts it has the hightest median earnings of $132,500 for the earnings-healthcare practitioners and tech occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Newport East CDP shows it has the hightest median earnings of $80,188 for the earnings-production, transportation, material moving occupations grouping. The table in Figure 48, shows Newport East CDP employment data in terms of job categories and salary data.

Newport East CDP Rhode Island Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Newport East CDP depicts it has the hightest entrepreneurs of 65% for the self employed management, business, science, and arts businesses aggregate.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Newport East CDP depicts it has the hightest entrepreneurs of 47% for the self employed in construction grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Newport East CDP depicts it has a Self Employment Income of $38,681 which is less than most other places in the local area. The place with the highest average annual self employment income in the area is Melville CDP which depicts an average annual self employment income of $54,385 (40.6% larger). Comparing average annual self employment income to the United States average of $42,141, Newport East CDP is about 8.9% smaller. Also, in comparison with the state of Rhode Island, average annual self employment income of $43,755, Newport East CDP is about 13.1% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Newport East CDP shows total number of self-employed men about twice as large as the total number of self-employed women.