HomeRhode IslandNewport County
Newport County, Rhode Island: commercial real estate data.
Newport County, Rhode Island has a population of 84,657 across 102 square miles, down 2.5 percent since the 2020 census base. County output reached $8.77 bn in 2024, 2,800 establishments operate here, and the SBA record carries 155 7(a) approvals worth $46.2 m.
122 sourced county values · tier FULL · 11 sections
Newport County
How many people live in Newport County
- Population84,657
- Households36,868
- Average household size2.30
- Median household income$103,514
- Median age46.9
- Median gross rent$1,713 per month
- Median owner-occupied home value$609,700
- Home value to household income5.9 times
- Annual rent as a share of median income19.9 percent
- Adults 25 and over with a bachelor degree or higher54.1 percent
- Adults 25 and over with a graduate degree22.9 percent
- Adults 25 and over63,743
- Population under 1813,551
- Share under 1816.0 percent
- Population 65 and over21,606
- Share 65 and over25.5 percent
- Working age population, 18 to 6449,500
- Civilian labor force44,020
- Unemployment rate5.8 percent
- Labor force participation, adults 18 and over61.9 percent
- Rank by population among Rhode Island counties4th of 5
- Rank by population among US county-equivalents693rd
Newport County is the 4th largest of 5 Rhode Island counties by population. A median home costs 5.9 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents 65 and over outnumber those under 18, at 25.5 percent against 16.0 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Newport County
Is Newport County growing
- Population change since the 2020 census base-2.54 percent
- Census 2020 base population85,641
- Births, 2024600
- Deaths, 2024858
- Natural change, 2024-258
- Net domestic migration, 2024-420
- Net international migration, 2024305
- Total net migration, 2024-115
- Cumulative net domestic migration, 2021 to 2024-1,871
- Rank by growth among US county-equivalents2648th
The county has lost 2.54 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Newport County
Where people moving to Newport County come from
- Tax returns filed by households arriving2,730
- People arriving, from those returns4,914
- Adjusted gross income arriving$376.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$138,058
- Largest single originNewport County Non-migrants (33,689 households)
- Largest single destination (33,689 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Newport County Non-migrants | 33,689 | 60,516 | $4.12 bn |
| Other flows - Different State | 1,250 | 2,398 | $171.6 m |
| Other flows - South | 513 | 1,049 | $61.9 m |
| Other flows - Northeast | 404 | 667 | $58.9 m |
| Bristol County | 280 | 425 | $20.1 m |
| Providence County | 273 | 435 | $25.8 m |
| Other flows - West | 250 | 515 | $40.2 m |
| Bristol County | 118 | 182 | $9.4 m |
The largest single source of arrivals is Newport County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Newport County
What the Newport County economy runs on
- County GDP, 2024$8.77 bn
- County GDP, 2023$8.04 bn
- GDP change, 2023 to 20249.1 percent
- GDP change over five years37.0 percent
- Rank by GDP among Rhode Island counties4th
- Rank by GDP among US county-equivalents493rd
- GDP per resident$103,610
Output grew 9.1 percent in the latest year and 37.0 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Newport County
Who employs people in Newport County
- Covered employment, annual average42,622
- Establishments reporting4,446
- Average annual pay$68,656
- Average weekly wage$1,320
- Sector 72, employment7,632
- Sector 72, average annual pay$37,102
- Sector 54, employment4,573
- Sector 54, average annual pay$94,425
- Sector 62, employment4,225
- Sector 62, average annual pay$54,135
- Sector 44-45, employment4,025
- Sector 44-45, average annual pay$42,630
- Sector 31-33, employment2,016
- Sector 23, employment1,860
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 7,632 | 388 | $37,102 |
| Sector 54 | 4,573 | 880 | $94,425 |
| Sector 62 | 4,225 | 361 | $54,135 |
| Sector 44-45 | 4,025 | 428 | $42,630 |
| Sector 31-33 | 2,016 | 98 | $105,047 |
| Sector 23 | 1,860 | 378 | $72,608 |
| Sector 81 | 1,855 | 389 | $46,934 |
| Sector 56 | 1,647 | 334 | $54,863 |
The largest sector is the biggest private employer group at 7,632 jobs, 17.9 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Newport County
What businesses operate in Newport County
- Establishments, all industries2,800
- Employment at those establishments32,182
- Annual payroll$1.89 bn
- Establishments per 1,000 residents33.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Newport County
What is being built in Newport County
- Housing units authorised by permit, 2024180
- Declared construction value permitted$69.8 m
- Single family units authorised126
- Multifamily units authorised54
- Multifamily share of units30.0 percent
- Average declared value per unit$387,989
- Units authorised per 1,000 households4.9
Multifamily is 30.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Newport County
How much SBA lending happens in Newport County
- 7(a) approvals recorded155
- 7(a) gross approval dollars$46.2 m
- Average 7(a) approval$298,381
- Median 7(a) approval$100,000
- 10th percentile approval$25,000
- 90th percentile approval$800,000
- Largest single approval$4,500,000
- Jobs reported supported, 7(a)850
- Jobs per approval5.5
- Distinct 7(a) lenders active33
- Distinct industries receiving approvals80
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer7.1 percent
- Loans on real estate terms11
- Loans on working capital terms, 120 months or shorter141
- Franchise loans7
- Franchise share of approvals4.5 percent
- Leading industry by approval countFull-Service Restaurants (15)
- Most active lenderBankNewport (66)
- 504 approvals recorded149
- 504 gross approval dollars$78.8 m
- Average 504 approval$528,698
- Median 504 approval$309,000
- Distinct CDCs active5
- 504 jobs per approval7.2
- 504 jobs per million dollars approved13.6
- Most active CDCOcean State Business Development Authority (78)
- 7(a) share of SBA approvals51.0 percent
- Combined SBA approval dollars$125.0 m
The average approval of $298,381 sits well above the median of $100,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 7.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Newport County
Do SBA loans in Newport County get paid back
- Loans with a final outcome recorded18
- Paid in full18
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Paid in full18
- Status: Cancelled20
- Status: Exempt from disclosure107
- Status: Committed, not yet disbursed10
Of the 18 loans that have reached a final outcome, 0.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newport County
Which parts of Newport County get the lending
- Places in the county with recorded lending6
- Newport, approvals58
- PORTSMOUTH, approvals31
- Tiverton, approvals28
- MIDDLETOWN, approvals25
- JAMESTOWN, approvals9
- LITTLE COMPTON, approvals4
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Newport | 58 | $21,715,200 |
| PORTSMOUTH | 31 | $4,883,400 |
| Tiverton | 28 | $6,879,000 |
| MIDDLETOWN | 25 | $10,960,500 |
| JAMESTOWN | 9 | $936,000 |
| LITTLE COMPTON | 4 | $875,000 |
Newport accounts for 58 approvals against 31 in PORTSMOUTH. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newport County
How big is Newport County
- Land area102 sq mi
- Rank by land area among Rhode Island counties4th of 5
- Width, east to west14.5 mi
- Height, north to south15.6 mi
- Geographies sharing a boundary0
- Residents per square mile of land830
- Establishments per square mile27.45
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Newport County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Newport County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population84,657
- Households36,868
- Average household size2.30
- Median household income$103,514
- Median age46.9
Common questions
Newport County questions, answered from the record.
How many people live in Newport County, Rhode Island?
84,657, in 36,868 households, ranking 4th of 5 Rhode Island counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Newport County growing?
The population has fallen 2.54 percent since the 2020 census base. In 2024 there were 600 births against 858 deaths, with net migration of -115. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Newport County?
$103,514. The median owner-occupied home is valued at $609,700, which is 5.9 times income, and median gross rent is $1,713 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Newport County?
2,800 establishments, employing 32,182 people with an annual payroll of $1.89 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Newport County?
Average annual pay is $68,656, or $1,320 a week, across 42,622 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Newport County?
155 7(a) approvals totalling $46.2 m since FY2020, across 33 lenders, with a median approval of $100,000, plus 149 504 approvals worth $78.8 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Newport County get paid back?
Of the 18 loans that have reached a final outcome, 18 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Newport County?
180 housing units were authorised by permit in 2024, with a declared construction value of $69.8 m. Multifamily was 30.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Newport County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Newport County come from?
The largest single origin is Newport County Non-migrants, with 33,689 households. Arriving households report an average income of $138,058 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Newport County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Newport County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.