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Newport Center

Learn about the people, housing, costs and businesses in Newport Center, Vermont

Median Home$246,200
Median Rent$804/month
Population232
Leading IndustriesRetail · Arts, Food & Hospitality · Healthcare17% retail
Home Value Growth⬆⬆⬆+30.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners86% of occupied units
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
Newport Center
VT

Frequently Asked Questions

What are today's mortgage rates in Newport Center?

As of today, the 30-year fixed mortgage rate for Newport Center is approximately 6.971% (7.010% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Newport Center?

The median home value in Newport Center is $246k. The median monthly rent is $804. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newport Center?

Home values in Newport Center have increased 30.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Newport Center?

Based on a typical all-in ownership cost of $1,170/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newport Center is $77k/year.

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What industries drive the economy in Newport Center?

The largest employment sectors in Newport Center are public administration (23%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.