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Newport News

Learn about the people, housing, costs and businesses in Newport News County

Median Home$247,359
Median Rent$1,415/month
Population184,216
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education12% healthcare
Home Value Growth⬆⬆+14.6% over 2 years
Young Adults35% of residentstop 5% nationally
Renters52% of occupied units
NotableVeteran Community13% of residents · top 3% nationally
NotableAmenity Score70/100 · highly walkable area
Newport News City
VA

Frequently Asked Questions

What are today's mortgage rates in Newport News?

As of today, the 30-year fixed mortgage rate for Newport News is approximately 7.131% (7.160% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Newport News?

The median home value in Newport News is $247k. The median monthly rent is $1,415. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newport News?

Home values in Newport News have increased 14.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Newport News?

Based on a typical all-in ownership cost of $1,412/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newport News is $71k/year.

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What industries drive the economy in Newport News?

The largest employment sectors in Newport News are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas