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Real Estate Prices & Overview

Newport West median real estate price is $420,645, which is less expensive than 72.2% of Oregon neighborhoods and 43.5% of all U.S. neighborhoods.

The average rental price in Newport West is currently $1,482, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.9% of Oregon neighborhoods.

Newport West is a suburban neighborhood (based on population density) located in Newport, Oregon. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Newport West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Newport West neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Newport West. The current real estate vacancy rate here is 29.7%. This is higher than the rate of vacancies in 95.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (17.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Newport West neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Newport West is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, despite all of the residential real estate here in the Newport West neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 29.7%, which is higher than 95.0% of all U.S. neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Newport West neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 77.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

The Newport West neighborhood has a greater proportion of government workers living in it than 98.2% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

People

Of particular note, 4.8% of the people in the Newport West neighborhood currently reside in a correction facility, held due to punishment for a crime.

Modes of Transportation

In the Newport West neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 15.9% of residents here. This is a higher proportion of walking commuters than we found in 97.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the Newport West neighborhood has more Danish and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Danish ancestry and 1.1% have Belgian ancestry.

Newport West is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 95.8% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Newport West neighborhood in Newport are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.9% of U.S. neighborhoods. In addition, 1.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 78.5% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Newport West neighborhood, 41.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 29.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.1%), and 17.1% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Newport West neighborhood is English, spoken by 90.0% of households. Some people also speak Spanish (3.2%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Newport West neighborhood in Newport, OR, residents most commonly identify their ethnicity or ancestry as German (19.9%). There are also a number of people of Irish ancestry (13.9%), and residents who report English roots (10.7%), and some of the residents are also of Mexican ancestry (5.5%), along with some Norwegian ancestry residents (4.9%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Newport West neighborhood spend under 15 minutes commuting one-way to work (77.0% of working residents), one of the shortest commutes across America.

Here most residents (64.2%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (15.9%) and 9.8% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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