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Newport Beach, CA&

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Population
86,813
0.11% decline
Median Age
45.6
Median Household Income
$115,845
2.45% growth
Poverty Rate
6.55%
Number of Employees
43,176
1.3% growth
Median Property Value
$1.58M
8.76% growth

Economy

The economy of Newport Beach, CA employs 43,176 people. The economy of Newport Beach, CA is specialized in Real Estate, Rental & Leasing; Professional, Scientific, Tech Services; and Finance & Insurance, which employ respectively 3.72; 2.34; and 2.13 times more people than what would be expected in a location of this size. The largest industries in Newport Beach, CA are Professional, Scientific, Tech Services (7,200), Healthcare & Social Assistance (4,542), and Finance & Insurance (4,371), and the highest paying industries are Management of Companies & Enterprises ($250,001), Utilities ($151,375), and Mining, Quarrying, Oil, Gas Extraction ($111,250).

Median household income in Newport Beach, CA is $115,845. Males in Newport Beach, CA have an average income that is 1.28 times higher than the average income of females, which is $56,697. The income inequality of Newport Beach, CA (measured using the Gini index) is 0.507 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Newport Beach, CA. In Orange County, CA the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 95 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,992. Monterey County, CA has the highest prevalence of homicides of any county in California.

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Showing data across all counties in California.

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Diversity

Newport Beach, CA is home to a population of 86,813 people, from which 95.2% are citizens. The ethnic composition of the population of Newport Beach, CA is composed of 69,652 White residents (80.2%), 7,334 Hispanic residents (8.45%), 6,687 Asian residents (7.7%), 2,191 Two+ residents (2.52%), and 510 Black residents (0.59%). The most common foreign languages in Newport Beach, CA are Spanish (4,779 speakers), Persian (1,621 speakers), and Chinese (1,164 speakers), but compared to other places, Newport Beach, CA has a relative high number of Persian (1,621 speakers), Japanese (677 speakers), and Other Slavic (250 speakers).

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Education

In 2015 universities in Newport Beach, CA awarded 2,687 degrees. The student population of Newport Beach, CA is skewed away from females, with 1,689 male students and 998 female students. Most students in Newport Beach, CA are White (1,186 and 44.1%), followed by Black or African American (499 and 18.6%), Hispanic or Latino (471 and 17.5%), and Asian (331 and 12.3%). The largest universities in Newport Beach, CA by number of graduates are Coastline Community College (2,628 and 97.8%), Interior Designers Institute (59 and 2.2%), and N/A (N/A and N/A). The most popular majors in Newport Beach, CA are General Business Administration & Management (473 and 17.6%), Liberal Arts & Sciences (398 and 14.8%), and Office Management & Supervision (211 and 7.85%). The median tuition costs in Newport Beach, CA are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Newport Beach, CA is $1.58M, which is 7.73 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $1.46M to $1.58M, a 8.76% increase. The homeownership rate of Newport Beach, CA is 55.9%, which is lower than the national average of 63.6%. People in Newport Beach, CA have an average commute time of 22 minutes, and they commute by Drove Alone. Car ownership in Newport Beach, CA is approximately the same as the national average, with an average of 2 cars per household.

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California
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