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Economy, jobs and prices in Newport Beach, California: official figures

The median household income in Newport Beach was $156,867 a year in the 2020-2024 American Community Survey (in 2024 dollars), 25th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the California median $99,122.

Median household income
$156,867
2020-2024
Unemployment rate (ACS)
4.3%
2020-2024
Mean travel time to work
22.9 min
2020-2024
Median gross rent (monthly)
$3,316
2020-2024
Median home value (owner-occupied)
more than $2,000,000
2020-2024
Homes occupied by their owners
52.1%
2020-2024
Households with a broadband subscription
96.0%
2020-2024

What is the per capita income in Newport Beach?

Income per resident (per capita income) in Newport Beach averaged $112,622 a year in 2020-2024, 2nd highest of 823 US cities of 50,000 or more (US: $44,673; California: $49,513).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Newport Beach?

Newport Beach's Gini index of household income inequality was 0.518 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 56th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Newport Beach, California?

4.3% of the civilian labor force in Newport Beach was unemployed on average over 2020-2024 (1,914 people), 223rd lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and California's 6.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Newport Beach are working?

62.6% of Newport Beach's 71,689 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 224th lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Newport Beach have jobs?

42,952 residents of Newport Beach held civilian jobs, 59.9% of those aged 16 and over (US: 59.7%), and 6 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Newport Beach?

The largest industry group for working residents of Newport Beach was professional, scientific, management and administrative services (21.7% of employed residents), followed by education, health care and social assistance (18.1%) and finance, insurance and real estate (17.2%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Newport Beach work in manufacturing?

Manufacturing employed 8.7% of working residents of Newport Beach, 392nd lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 21.7% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Newport Beach, California?

Commuters in Newport Beach took 22.9 minutes on average to get to work in 2020-2024, 308th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.7% travelled an hour or more and 32.6% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Newport Beach get to work?

28.9% of workers living in Newport Beach worked from home in 2020-2024, 57th highest of 823 US cities of 50,000 or more (US: 15.1%). 63.0% drove to work alone, 4.5% carpooled, 0.1% used public transport and 1.6% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Newport Beach, California?

The median gross rent (rent plus utilities) in Newport Beach was $3,316 a month in 2020-2024, 3rd highest of 823 US cities of 50,000 or more (US: $1,413; California: $2,036).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Newport Beach?

Owner-occupied homes in Newport Beach had a median value of more than $2,000,000 in 2020-2024 as estimated by their owners, one of 3 of the 823 US cities of 50,000 or more at the survey's top reporting value (US: $332,700; California: $734,700).

Source: U.S. Census Bureau · saved copy

What share of people in Newport Beach, California own their home?

52.1% of the 37,965 occupied homes in Newport Beach were lived in by their owners in 2020-2024 and 18,174 were rented, 253rd lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; California: 55.9%).

Source: U.S. Census Bureau · saved copy

What share of homes in Newport Beach have broadband?

96.0% of households in Newport Beach had a broadband internet subscription of some type in 2020-2024, 107th highest of 823 US cities of 50,000 or more (US: 91.0%; California: 93.5%).

Source: U.S. Census Bureau · saved copy

How many households in Newport Beach have no internet?

2.6% of households in Newport Beach (981) had no internet access at home in 2020-2024, 152nd lowest of 823 US cities of 50,000 or more (US: 6.5%); 7.8% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Newport Beach compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Newport Beach ranks 25 of 823, highest first.

RankCityMedian household income (2024 dollars)
22Eastvale$160,069
23Redwood City$157,814
24Yorba Linda$157,582
25Newport Beach$156,867
26Naperville$155,105
27San Mateo$153,504
28Kirkland$150,414
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Newport Beach ranks 2 of 823, highest first.

RankCityPer capita income (2024 dollars)
1Palo Alto$123,939
2Newport Beach$112,622
3Mountain View$112,591
4Cupertino$110,519
5Hoboken$109,360
6Sunnyvale$101,185
7Sammamish$98,874
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Newport Beach ranks 56 of 823, highest first.

RankCityGini index of household income inequality
53Greenville0.520
54Wilmington0.520
55Jupiter0.519
56Newport Beach0.518
57Washington0.517
58Hartford0.516
59Coconut Creek0.515
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Newport Beach ranks 601 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
598Wilmington4.3%
599West Valley City4.3%
600Murfreesboro4.3%
601Newport Beach4.3%
602Dothan4.3%
603Novi4.3%
604Salt Lake City4.2%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Newport Beach ranks 600 of 823, highest first.

RankCityLabor force participation rate (16 and over)
597South Bend62.7%
598Olympia62.6%
599Augusta62.6%
600Newport Beach62.6%
601Reading62.6%
602Folsom62.6%
603Tamarac62.5%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Newport Beach ranks 516 of 823, highest first.

RankCityMean travel time to work (minutes)
513Moore22.9
514Layton22.9
515Santa Rosa22.9
516Newport Beach22.9
517Tigard22.9
518West Haven22.9
519Palm Beach Gardens22.9
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Newport Beach ranks 57 of 823, highest first.

RankCityWorkers who worked from home
54Pleasanton29.1%
55Maple Grove29.1%
56Flower Mound28.9%
57Newport Beach28.9%
58Alexandria28.9%
59Castle Rock28.8%
60Plymouth28.8%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Newport Beach ranks 789 of 823, highest first.

RankCityWorkers commuting by public transportation
786Lenexa0.1%
787Nampa0.1%
788Mount Pleasant0.1%
789Newport Beach0.1%
790Cleveland0.1%
791Georgetown0.1%
792Springdale0.1%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Newport Beach ranks 432 of 823, highest first.

RankCityEmployed residents working in manufacturing
429Portland8.7%
430Tinley Park8.7%
431Maricopa8.7%
432Newport Beach8.7%
433Tempe8.7%
434Spokane Valley8.7%
435Marana8.7%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Newport Beach ranks 762 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
759Dunwoody18.1%
760Lakewood18.1%
761Deerfield Beach18.1%
762Newport Beach18.1%
763Gaithersburg18.0%
764Dallas18.0%
765Union City18.0%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Newport Beach ranks 3 of 823, highest first.

RankCityMedian gross rent per month
1Cupertinomore than $3,500
2Palo Alto$3,484
3Newport Beach$3,316
4Eastvale$3,252
5Dublin$3,191
6Milpitas$3,120
7San Mateo$3,077
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Newport Beach ranks 1 of 823, highest first.

RankCityMedian value of owner-occupied homes
1Newport Beachmore than $2,000,000
2Palo Altomore than $2,000,000
3Cupertinomore than $2,000,000
4Mountain View$1,927,000
5Sunnyvale$1,801,800
6Redwood City$1,801,700
7Santa Monica$1,755,500
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Newport Beach ranks 571 of 823, highest first.

RankCityOccupied homes lived in by their owners
568Terre Haute52.2%
569San Antonio52.2%
570Ocala52.1%
571Newport Beach52.1%
572Muncie52.0%
573Sanford52.0%
574Bellevue52.0%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Newport Beach ranks 107 of 823, highest first.

RankCityHouseholds with a broadband subscription
104Palo Alto96.1%
105Franklin96.0%
106Hoboken96.0%
107Newport Beach96.0%
108Diamond Bar96.0%
109Fulshear96.0%
110St. Louis Park96.0%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Newport Beach ranks 672 of 823, highest first.

RankCityHouseholds with no internet access
669North Port2.6%
670Champaign2.6%
671Tempe2.6%
672Newport Beach2.6%
673Chapel Hill2.6%
674Edmond2.6%
675Murrieta2.6%
Source: U.S. Census Bureau · saved copy

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Sources

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