Places/RI/Newport County, RI
County profile

Newport County, RI

United States · GDP 2024
#493 of 3,127 US counties by GDPtop-quartile growthmore diversified than 81% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$8.8B
BEA · 2024
GDP growth (YoY)
+9.1%
BEA · 2024
Jobs tracked
32,182
Census CBP · 2023
Employers
2,800
Census CBP · 2023
Avg. wage
$66.8k
BLS QCEW · 2023
Population
83,051
Census PEP · 2025
Labor, income & education
Unemployment
2.6%
Median HH income
$103.5k±$4.7k
Bachelor's degree+
54.1%±2.1%
Poverty rate
8.5%±1.0%
Business applications
837 · 2025
Retail establishments
407
48.8/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Pangaea Logistics Solutions, Ltd.Industrials$632.0M62C

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Food & accommodation29%
Health care20%
Retail trade18%
Professional services18%
Manufacturing8%
Construction7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
83,051
residents · 2025 · -2.9% since 2020
Income per capita $95.0k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration2,144
International migration+813
Natural change1,133

GDP trend

20192024 · nominal
$6.5B
2019
$6.4B
2020
$7.3B
2021
$7.7B
2022
$8.0B
2023
$8.8B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$609.7k±$17.4k
Median gross rent
$1.7k/mo±$77/mo
Vacancy rate
15.6%±1.5%
Affordability
9.1× wages
Residential permits
$35.4M
131 units · 1.6/1k pop
FEMA risk score
36.4
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Hurricane 80Coastal flooding 61Earthquake 57
FHFA HOUSE PRICE INDEX · 20162025
872
2016
929
2017
988
2018
1041
2019
1079
2020
1222
2021
1421
2022
1602
2023
1691
2024
1806
2025
RESIDENTIAL PERMITS · 20212025
-2% since 2021
133
2021
124
2022
126
2023
180
2024
131
2025

Transport access

BTS · FAA · USACE
Nearest interstate
16.0 km
I-195
Nearest freight rail
6.7 km
Freight rail
Nearest port
7.6 km
U S NAVY PIERS 1 AND 2
Nearest commercial airport
24.5 km
RHODE ISLAND TF GREEN INTL
Wage trend
BLS QCEW · 20192023
$66.8k
avg. annual pay · +24% since 2019
Nearby & same-state counties
by GDP rank
Providence$46.7BKent$12.4BWashington$9.8BBristol$2.7B
The read

What is the GDP of Newport?

Newport's economy produced $8.8B in 2024, growing 9.1% year over yearfaster than most US counties. Its largest employment sector is food & accommodation.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.