Newport, MN 55055 has a population of approximately 3,485 and experiences a population change rate of -8.17%. The population density is 983.6 / sq mi .
55055, Newport, MN
Newport, MN 55055 has a population of approximately 3,485 and experiences a population change rate of -8.17%. The population density is 983.6 / sq mi .
The median household income for Newport, MN 55055 is $58,455, with 1,706 households and an average household size of 2.31.
The median value of a home in Newport, MN 55055 is $308,100 with an appreciation rate of 12.20%. 68.96% of housing in the state is owned while 28.92% is rented.
The cost of living in Newport, MN 55055 is 106.9 %.
The unemployment rate in Newport, MN 55055 is 2.40%, and recent job growth is at 0.50%. Future job growth is projected at 32.04%.
The sales tax rate in Newport, MN 55055 is 7.38%, while the income tax rate is 6.80% .
School expenditures in Newport, MN 55055 are $15,416, and the school ratio is 21.4:1.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 7.3 degrees. The average rainfall is approximately 31.1 inches per year, with 48.7 inches of snow per year.