Newport County, Rhode Island

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Talent gap: Bachelor's-or-higher attainment trails the national average by -18.4 pts, relevant for advanced-services attraction strategy.
• Aging population: Median age of 47 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

• Largest sector: Accommodation and Food Services employs 7,632 workers (25.0% of the top displayed sectors), at an average wage of $37,102.
• Economic scale: Regional GDP of $8.8B (2024) with per-capita income of $95,033.
• Wage stratification: Manufacturing averages $105,047 while Accommodation and Food Services averages $37,102, a 2.8x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Scenic and Sightseeing Transportation concentrates at 11.55x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
• Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.

• Stretched market: Home value to income ratio of 5.9x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
• Elevated vacancy: 15.6% vacancy rate; potential opportunity for redevelopment or repositioning.

• Succession risk is real: 25.6% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Strong participation: 94.3% labor force participation among working-age residents indicates an engaged, available workforce.
• Talent pipeline: 6 local institutions feed the workforce; the top three combined produce 10,331 annual credentials.

Newport County shows strong potential for scenic and sightseeing transportation attraction, with a 11.55x concentration and 97 jobs in this sub-sector, it ranks in the top decile nationally. Near-term succession risk is elevated, with 25.6% of the working-age population within 10 years of retirement age.

The interconnected base across scenic and sightseeing transportation, museums, historical sites, and similar, and accommodation creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

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