Newport News City County, VA Economy


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United States / Virginia / / Newport News City County / Cities / Zip Codes
Newport News city, VA County is a great place to live and work. It offers a variety of amenities that make it an ideal location for anyone looking for a comfortable and affordable life. The average 2 bedroom rent in Newport News city, VA County is $1,330 which is slightly lower than the US average of $1,430. In addition, the Grocery Cost Index in Newport News city, VA County is 96 compared to 100 in the US. There are plenty of local businesses in Newport News such as Sentara Healthcare, Ferguson Enterprises Inc., Huntington Ingalls Industries Inc., Riverside Health System and more who offer a wide range of employment opportunities. With its combination of affordability and amenities Newport News city, VA County is an attractive place to live.

Newport News City County has an unemployment rate of 7.2%. The US average is 6.0%.

Newport News City County has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Newport News City County
- The Sales Tax Rate for Newport News City County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newport News City County is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Newport News City County
- The average income of a Newport News City County resident is $25,408 a year. The US average is $28,555 a year.
- The Median household income of a Newport News City County resident is $57,463 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewport News City, VirginiaUnited States
  7.26
  -5.8%-6.2%
  31.6%33.5%
  6.0%6.2%
  5.8%4.6%
  $33,082$37,638
  $57,463$69,021
  $69,624$85,028
  Population by Occupation
  0.4%1.2%
  0.1%0.5%
  5.8%6.8%
  13.5%10.0%
  2.2%2.5%
  10.7%11.0%
  3.9%4.8%
  0.7%0.8%
  1.0%1.9%
  1.9%4.7%
  1.8%1.9%
  7.4%7.6%
  0.1%0.1%
  5.2%4.2%
  9.4%9.3%
  13.8%14.0%
  1.7%2.1%
  8.9%7.0%
  4.2%4.8%
  7.3%4.7%
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