What is the median household income in the Village of Newport, NY?
The median household income in the Village of Newport, NY is $86,750 (±$8,219) a year (2020–2024 American Community Survey).
In the Village of Newport, the median household income went from $42,847 in 2015–2019 to $86,750 in 2020–2024 (+102.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $86,750 (±$8,219)
- Median renter income
- $48,750 (±$31,195)
Income in the Village of Newport against Herkimer County, its state and the nation
| Village of Newport | Herkimer County | New York | United States | |
|---|---|---|---|---|
| Median household income | $86,750 (±$8,219) | $68,515 (±$3,647) | $85,974 (±$402) | $80,734 |
| Median renter household income | $48,750 (±$31,195) | $36,250 (±$5,622) | $57,803 (±$395) | $52,966 |
| Median owner household income | $105,833 (±$27,024) | $79,557 (±$2,706) | $114,563 (±$568) | $100,009 |
| Median gross rent | — | $823 (±$32) | $1,621 (±$7) | $1,413 |
In the Village of Newport, median household income is higher than in Herkimer County ($68,515).
It is not measurably different from New York ($85,974).
It is not measurably different from the national figure ($80,734).
In Herkimer County, the Village of Newport ranks 2 of 10 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 191 of 527.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $42,847 (±$10,597) | $86,750 (±$8,219) | +102.5% | Up after inflation |
| Median home value | $100,400 (±$12,395) | $156,300 (±$34,416) | +55.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near the Village of Newport
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Village of Newport | — | $86,750 (±$8,219) | — |
| Town of Newport | 1.4 mi | $79,727 (±$11,665) | Not measurably different |
| Village of Poland | 3.6 mi | $61,250 (±$19,964) | Lower |
| Village of Cold Brook | 3.8 mi | $104,444 (±$50,879) | Not measurably different |
| Village of Middleville | 4.0 mi | $84,125 (±$29,557) | Not measurably different |
| Town of Norway | 4.4 mi | $79,844 (±$14,930) | Not measurably different |
| Town of Fairfield | 5.5 mi | $89,875 (±$20,764) | Not measurably different |
| Town of Schuyler | 6.5 mi | $65,469 (±$17,175) | Lower |
| Town of Deerfield | 6.8 mi | $101,029 (±$6,951) | Higher |
Nearby places with a measurably lower figure: Village of Poland, NY ($61,250), Town of Schuyler, NY ($65,469).
Nearby places with a measurably higher figure: Town of Deerfield, NY ($101,029).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Herkimer County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Village of Cold Brook | $104,444 (±$50,879) |
| 2 | Village of Newport | $86,750 (±$8,219) |
| 3 | Village of Middleville | $84,125 (±$29,557) |
| 4 | Village of West Winfield | $76,667 (±$19,431) |
| 5 | Village of Mohawk | $72,813 (±$19,395) |
| 6 | Village of Dolgeville | $67,740 (±$21,544) |
| 7 | Village of Ilion | $62,843 (±$16,188) |
| 8 | Village of Poland | $61,250 (±$19,964) |
Showing 8 of 10 places in Herkimer County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Village of Newport
What is the median household income in the Village of Newport?
The median household income in the Village of Newport is $86,750 (±$8,219) a year (2020–2024 American Community Survey).
Have incomes in the Village of Newport kept up with inflation?
In the Village of Newport, the median household income went from $42,847 in 2015–2019 to $86,750 in 2020–2024 (+102.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in the Village of Newport?
The median renting household in the Village of Newport, NY earns $48,750 (±$31,195) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Newport village, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Newport village, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Newport village, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Newport village, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Newport village, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Newport village, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Newport village, New York (place:50573, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in the Village of Newport at a glance
- Renters and owners in the Village of Newport
- Home values in the Village of Newport
- Homeowner costs in the Village of Newport
- Property taxes in the Village of Newport
- Types of homes in the Village of Newport
- Age of homes in the Village of Newport
- Heating fuel in the Village of Newport
- Commute and cars in the Village of Newport
- New York landlord and tenant rules
- Housing across Herkimer County
- New York places ranked by median household income
- Housing data for every place in New York