Top Industries in Newport
Newport is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Newport include:
Tourism and Hospitality
Tourism remains a cornerstone of Newport's economy, with a steady demand for hospitality professionals. The city's historic sites and events draw visitors year-round, supporting a range of job opportunities.
Range: $30-$60k
Growth rate: 5%
Technology
The tech industry in Newport is growing, with a focus on software development and IT services. Local startups and established companies are driving innovation and creating new job opportunities.
Range: $70-$120k
Growth rate: 10%
Healthcare
Healthcare is a vital sector in Newport, with ongoing demand for medical professionals and support staff. The presence of several hospitals and clinics provides a stable employment base.
Range: $50-$100k
Growth rate: 8%
Renewable Energy
Newport is investing in renewable energy, with projects focusing on wind and solar power. This sector is poised for growth, offering new opportunities for engineers and project managers.
Range: $60-$110k
Growth rate: 12%
Employment Trends and Growth Rates
Newport's employment trends in 2024 show a positive trajectory, with technology and renewable energy sectors leading the way.
The city's job growth rate is projected to be around 7%, driven by innovation and infrastructure development.
Income inequality remains a concern, with efforts underway to address disparities through education and job training programs.
Job turnover rates are stable, with increased demand for skilled workers in healthcare and tech industries.
Job Market for Remote and Freelance Workers in Newport
Remote work is gaining traction in Newport, with approximately 35% of the workforce engaged in remote roles.
The tech and marketing sectors are particularly active in offering remote positions, reflecting national trends.
Local companies like KVH Industries and eMoney Advisor are expanding their remote work offerings.
City-specific job boards and networking events are increasingly focusing on remote job opportunities.
Job Resources and Networking
Newport offers a variety of job resources, including local job boards and career fairs.
The Newport Chamber of Commerce hosts regular networking events and workshops for job seekers.
Local platforms such as NewportJobs.com provide listings for regional opportunities.
Entrepreneurial hubs like Innovate Newport support startups and offer co-working spaces for freelancers.
Property Prices Rankings
The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings