MyNeighborhood

Can you afford to live in Newport News?

Median household income, home values and rent in Newport News, VA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Newport News.

Median household income: $66,718 — +33.2% since 2015 (not adjusted for inflation)

Median gross rent: $1,285/mo — +33.3% since 2015

Median home value, 2015 to 2023

  • 2015: 193100
  • 2023: 243300

Median household income

  • Newport News: 66718
  • Newport News city: 66718
  • VA: 90974
  • U.S.: 78538

Median gross rent

  • Newport News: 1285
  • Newport News city: 1285
  • VA: 1514
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.5% — U.S.: 30.2%

What it means

The typical household here earns $66,718 — notably lower than the national figure of $78,538.

The typical renter here spends 30.5% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+33.3% versus +33.2%), before adjusting for inflation.

Sources

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