According to statistics, the population in Newport, NC amounts to 4,631, which shows decline -1% compared to the previous year. The median age of the city’s residents is 44. The average household income is $39,076, shifting decline -5% from the past year, and the average property value in Newport, NC decline -3% to $147,500 throughout the year.
|Number Of Employees||1,983|
|Median Property Value||$147,500|
The average household income in Newport, NC declined from $41,156 to $39,076 in the past year. This data is an estimate based upon 1,989 households in Newport, NC . The chart below presents how household income is distributed in Newport, NC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Newport, NC shifted from $151,600 to $147,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Newport, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Newport, NC properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newport, NC compared to median property taxes around the country. The prevalent amount of property taxes in Newport, NC equals $1150, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Newport, NC decreased by 17.3% to $254,464.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $100,000 with no changes this month. Asking price for 2-bed apartment also decreased by 18% and a place of this size will now cost you $179,666. A 3-bed apartment goes for $280,993, it decreased by 27.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 9.2% and made it up to $594,320.
Price reports demonstrate that house price decreased by 35.3% this month making it up to $254,423. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $199,500. The price statistics of lofts have not significantly changed, it now still goes for $594,320.