Cost of Living in Newport News, VA
Population: 184,774 • 2026 Data
$66,718
Median Household Income
-14% vs national
$1,285
Median Monthly Rent
-5% vs national
$243,300
Median Home Value
-28% vs national
5.4%
Unemployment Rate
Housing in Newport News
The median home value in Newport News, VA is $243,300. Monthly rent for a typical unit averages $1,285, while total monthly housing costs (including utilities and insurance) average $1,328.
Rent-to-income ratio: 23.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Newport News, VA is $66,718. The unemployment rate stands at 5.4%, with a labor force of 98,521 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.