Newport vs Memphis
| Newport | Memphis | |
|---|---|---|
| Population | 6,850 | 630,027 |
| Median Household Income | $31,250 | $51,736 |
| Median Home Value | $133,500 | $169,000 |
| Median Gross Rent | $720/mo | $1,181/mo |
| Homeownership Rate | 55.7% | 44.9% |
| Unemployment Rate | 0.6% | 8.3% |
| Bachelor's Degree or Higher | 9.1% | 28.0% |
| Median Age | 43.9 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.