Newport East, RI Real Estate
According to census data in the year 2000 there were 5,225 housing units in Newport East.
This represents a 9% growth from 4,793 in 1990.
Of those housing units, 5,225 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Newport East is about 58.8%.
Newport East's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Newport East were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 16.30% |
| Two Bedrooms | 34.30% |
| Three Bedrooms | 33% |
| Four Bedrooms | 13.20% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $148,900 |
| Median Price asked for vacant units | $267,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $886 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 57.40% |
| Debt Free | 27.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
