Newport News, Virginia is a great place to live. The 2 bedroom rent in this area is $1,340 which is significantly lower than the US average of $1,430. Additionally, grocery costs here are also cheaper than the US with an index of 97 compared to 100. This makes Newport News an attractive option for those looking for affordability.
When it comes to entertainment there are plenty of activities to enjoy in the city. Local companies include Newport News Shipbuilding, Continental Automotive Systems and Canon Virginia Inc. There's also plenty of attractions such as the Mariners' Museum and Park, The Mariners' Museum & Park Aquarium, Victory Arch Monument and Newport News Park. With so much to do in Newport News it's easy to see why it's such a popular place to live!
Newport News (zip 23602) has an unemployment rate of 7.2%. The US average is 6.0%.
Newport News (zip 23602) 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 (zip 23602)
- The Sales Tax Rate for Newport News (zip 23602) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newport News (zip 23602) 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 (zip 23602)
- The average income of a Newport News (zip 23602) resident is $30,360 a year. The US average is $28,555 a year.
- The Median household income of a Newport News (zip 23602) resident is $64,855 a year. The US average is $69,021 a year.