Newport Beach, CA Real Estate Market Data (2024)

One thing noticeable about Newport Beach, although not a huge city, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Newport Beach is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Newport Beach a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.

Newport Beach is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

If knowledge is power, Newport Beach is a pretty powerful place. 68.10% of the adults in Newport Beach have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Newport Beach in 2018 was $110,535, which is wealthy relative to California and the nation. This equates to an annual income of $442,140 for a family of four.

Newport Beach is a very ethnically-diverse city. The people who call Newport Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Newport Beach residents report their race to be White, followed by Asian. Newport Beach also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.47% of the city’s residents. Important ancestries of people in Newport Beach include English, German, Irish, Italian, and European.

The most common language spoken in Newport Beach is English. Other important languages spoken here include Spanish and Chinese.

Newport Beach, CA Real Estate Market Data (2024)
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