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Newport, TN

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
38
Very Affordable
Median Home Value
$124,300
National: $426,735
Median Rent
$780/mo
National: $1,527/mo
Household Income
$40,096
National: $84,532
Population
6,881
Purchasing Power
125
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
29 / 100
100 = national average
Rent Index
51 / 100
Overall Index
38
Very Affordable

Newport Mortgage Calculator

Pre-filled with the local median home value of $124,300 and Tennessee's property tax rate of 0.66%.

Salary & Purchasing Power

Median household income is $40,096 53% below the national average.

What $40,096 in Newport Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$159,329+297%
Los Angeles, CA$179,377+347%

Property Tax in Newport, TN

Est. Annual Property Tax
$820
Monthly Impact
$68
Added to your mortgage
Effective Rate
0.66%
National avg: ~1.00%

Tennessee Tax Overview

Tax TypeTennesseeNational Avg
Property Tax Rate0.66%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax9.55%~5.0%

Compare Newport to Another City

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Cost of Living Comparison

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Newport, TN
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Newport, TN: 29
Rent Prices
51
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR