HomeRhode IslandNewport County
Newport County, Rhode Island: commercial real estate data.
Newport County, Rhode Island had an estimated 83,468 residents on July 1, 2024, down 2.5 percent since the 2020 census base of 85,641, across 102 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Newport County
How many people live in Newport County
- Population, American Community Survey 2020-202484,657
- 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-equivalents, Puerto Rico included693rd of 3,222
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 severely unaffordable by national standards. 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 story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Newport County
Is Newport County's population growing?
- Population, July 1, 202483,468
- Census 2020 base population85,641
- Population change since the 2020 census base-2.54 percent
- Population change, 2023 to 2024-375
- 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 of 3,144
The county has lost 2.54 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Newport County
Where are people moving to Newport County from?
- Tax returns filed by households arriving2,730
- People arriving, from those returns4,914
- Tax returns filed by households leaving3,176
- Net household movement-446
- Adjusted gross income arriving$376.9 m
- Net adjusted gross income movement$39.2 m
- Average income of an arriving household$138,058
- Average income of a leaving household$106,318
- Largest single originBristol County (280 households)
- Largest single destinationProvidence County (313 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Bristol County | 280 | 425 | $20.1 m |
| Providence County | 273 | 435 | $25.8 m |
| Bristol County | 118 | 182 | $9.4 m |
| Washington County | 108 | 171 | $17.8 m |
| Middlesex County | 92 | 165 | $32.8 m |
| Kent County | 91 | 147 | $6.9 m |
| Suffolk County | 72 | 114 | $17.4 m |
| San Diego County | 69 | 162 | $7.4 m |
Households arriving report $31,740 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Bristol County, 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 is the Newport County economy?
- 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 the Rhode Island areas BEA publishes4th of 5
- Rank by GDP among the US county areas BEA publishes493rd of 3,127
- 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
Employment by industry in Newport County
- Covered employment, annual average42,622
- Establishments reporting4,446
- Average annual pay$68,656
- Average weekly wage$1,320
- Accommodation and food services, employment7,632
- Accommodation and food services, average annual pay$37,102
- Professional, scientific and technical services, employment4,573
- Professional, scientific and technical services, average annual pay$94,425
- Health care and social assistance, employment4,225
- Health care and social assistance, average annual pay$54,135
- Retail trade, employment4,025
- Retail trade, average annual pay$42,630
- Manufacturing, employment2,016
- Construction, employment1,860
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Accommodation and food services | 7,632 | 388 | $37,102 |
| Professional, scientific and technical services | 4,573 | 880 | $94,425 |
| Health care and social assistance | 4,225 | 361 | $54,135 |
| Retail trade | 4,025 | 428 | $42,630 |
| Manufacturing | 2,016 | 98 | $105,047 |
| Construction | 1,860 | 378 | $72,608 |
| Other services, except public administration | 1,855 | 389 | $46,934 |
| Administrative and support and waste management services | 1,647 | 334 | $54,863 |
Accommodation and food services is the largest private sector at 7,632 jobs, 17.9 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Newport County
How many businesses are 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. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Newport County
Building permits in Newport County
- Housing units authorized by permit, 2024180
- Declared construction value permitted$69.8 m
- Single family units authorized126
- Multifamily units authorized54
- Multifamily share of units30.0 percent
- Average declared value per unit$387,989
- Units authorized per 1,000 households4.9
Single-family homes are 70.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Newport County
SBA loans in Newport County (7(a) and 504)
- 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$27,000
- 90th percentile approval$780,000
- 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)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$125.0 m
The average approval of $298,381 sits well above the median of $100,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here 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
SBA loan default and charge-off rates in Newport County
Do SBA loans in Newport County get paid back?
- Loans with a final outcome recorded18
- Paid in full18
- Charged off0
- Status: Paid in full18
- Status: Cancelled20
- Status: Exempt from disclosure107
- Status: Committed, not yet disbursed10
Only 18 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newport County
SBA lending by place in Newport County
- Borrower cities with recorded lending6
- Newport, approvals58
- Portsmouth, approvals31
- Tiverton, approvals28
- Middletown, approvals25
- Jamestown, approvals9
- Little Compton, approvals4
| Borrower city | 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 large 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 boundary1
- 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.
Newport County
Flood risk in Newport County
- Communities in the county in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class2
- Radon levels in Newport County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The EPA places Newport County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 7, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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.
- Population, American Community Survey 2020-202484,657
- 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?
The Census Bureau estimates 83,468 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has fallen 2.54 percent since the 2020 census base of 85,641, to 83,468 on July 1, 2024. 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 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 employment by industry in Newport County?
Accommodation and food services is the largest private sector at 7,632 jobs, 17.9 percent of covered employment. Covered employment averages 42,622 jobs at an average annual pay of $68,656, or $1,320 a week. 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 totaling $46.2 m since FY2020, across 33 lenders, with a median approval of $100,000, plus 149 504 approvals worth $78.8 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Newport County?
180 housing units were authorized 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 Bristol County, with 280 households. Arriving households report an average income of $138,058 against $106,318 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?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Newport County
Cities and places in Newport.
4 Census places lie wholly or partly in Newport County. All 4 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Newport | city | 24,874 | 58 | Wholly in this county |
| Newport East | CDP | 11,069 | None recorded | Wholly in this county |
| Tiverton | CDP | 8,091 | 28 | Wholly in this county |
| Melville | CDP | 1,631 | None recorded | Wholly in this county |
A further 69 of the county's 155 SBA 7(a) approvals are to borrowers in cities that match no Census place in Newport County, the largest being Portsmouth (31), Middletown (25), Jamestown (9). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.