Newport Comprehensive Land Use Plan - Existing Conditions | Page 70

Newport Comprehensive Land Use Plan

Table 5-11 – Income by Cost-Burden Households, 2012
Cost Burden > 30%
Income by Cost Burden (Owners and Renters)

Number

Percent

Cost Burden > 50%
Number

Percent

Total

City of Newport
Household Income <= 30% HAMFI
Household Income >30% to <=50% HAMFI
Household Income >50% to <=80% HAMFI
Household Income >80% to <=100% HAMFI
Household Income >100% HAMFI
Total
Town of Westerly

1,260
850
565
550
805
4,030

65.8%
62.5%
50.2%
41.5%
15.5%
36.9%

980
360
170
180
140
1,830

51.2%
26.5%
15.1%
13.6%
2.7%
16.8%

1,915
1,360
1,125
1,325
5,190
10,915

Household Income <= 30% HAMFI
Household Income >30% to <=50% HAMFI
Household Income >50% to <=80% HAMFI
Household Income >80% to <=100% HAMFI
Household Income >100% HAMFI

655
525
990
235
360

79.9%
60.7%
52.9%
30.5%
10.9%

505
180
195
30
60

61.6%
20.8%
10.4%
3.9%
1.8%

820
865
1,870
770
3,315

2,765

36.2%

970

12.7%

7,640

44,040
37,045
34,615
14,385

71.1%
75.5%
53.9%
36.6%

36,085
18,465
11,880
3,285

58.3%
37.6%
18.5%
8.4%

61,900
49,075
64,275
39,315

14.7%
38.7%

3,290
73,005

1.7%
17.8%

196,075
410,640

Total
State of Rhode Island
Household Income <= 30% HAMFI
Household Income >30% to <=50% HAMFI
Household Income >50% to <=80% HAMFI
Household Income >80% to <=100% HAMFI

Household Income >100% HAMFI
28,870
Total
158,955
Source: HUD – Comprehensive Housing Affordability Strategy (CHAS) data

Table 5-12 shows cost-burden households by tenure for Newport, Westerly, and the State of Rhode Island as a whole.
Overall, Newport has a higher percentage of cost-burden households below 30% of their median household income.
However, compared to the state of Rhode Island as a whole, Newport homeowners are more susceptible to become
cost burden, potentially due to their much greater home values.

Page 5-16

Draft Existing Conditions (March 2016)