23605 Newport News, VA is a great place to live. The average 2 bedroom rent in this area is $1,100 which makes it much more affordable than the US average of $1,430. Additionally, the Grocery Cost Index in 23605 Newport News, VA stands at 95 versus 100 in the US. This means that groceries are cheaper here than what you'll find across the country. There are plenty of local companies and services to take advantage of as well. You can find popular retailers like Target and Walmart for your shopping needs or take advantage of great restaurants like La Bamba Mexican Restaurant or Colonial Grill & Bar for a night out with friends. When it comes to leisure activities, there's no shortage of cinemas, parks and other attractions in 23605 Newport News, VA; so no matter what you're looking for you won't have a hard time finding something to do here.
Newport News (zip 23605) has an unemployment rate of 7.2%. The US average is 6.0%.
Newport News (zip 23605) has seen the job market decrease by -5.8% 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 23605)
- The Sales Tax Rate for Newport News (zip 23605) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newport News (zip 23605) 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 23605)
- The average income of a Newport News (zip 23605) resident is $25,079 a year. The US average is $37,638 a year.
- The Median household income of a Newport News (zip 23605) resident is $41,986 a year. The US average is $69,021 a year.