Over the past decade, Newport's population has fluctuated, peaking at 2,338 in 2019 before declining to 2,080 in 2022. The median income has shown an overall upward trend, rising from $17,382 in 2013 to $18,696 in 2022, despite some year-to-year variations.

The neighborhood has maintained a predominantly Black population, consistently above 60% throughout the decade. There has been a slight increase in racial diversity, with the Hispanic population growing from 2% to 13% between 2020 and 2022, while the White population decreased from 15% to 9% in the same period.

The completion of the Grovewood Manor project in 2019 coincides with the neighborhood's peak population and a period of rising median income. This suggests that the addition of affordable housing units may have been a response to increasing housing demand and evolving demographic needs in the area.

Newport's LIHTC-funded affordable housing inventory has evolved over three decades to address changing community needs. The neighborhood has seen a recent addition to its affordable housing stock with the completion of Grovewood Manor in 2019, coinciding with population growth and income improvements. While LIHTC projects cover a small percentage of the estimated housing inventory, they contribute to the area's diverse housing options, primarily offering one-bedroom units. The demographic shifts, particularly the recent increase in Hispanic residents, may influence future affordable housing needs and development in the neighborhood.