Newport News: Economy & Jobs

$69,634 is the median household income in Newport News (about the same as Newport News city median $69,634; 1.3× below Virginia median $93,170), with homes at a median value of $260,600. The surrounding county supports 102,308 jobs (avg $67,936).

Income & Affordability

Median household income $69,634 — below the Virginia median ($92,968). Poverty rate 14.5% (U.S. average ~12.5%). 41% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.7×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income22.1%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened41.1%
Affordability · Poverty Rate14.5%
Affordability · Property Tax Pct Income3.8%
Irs Income · IRS tax returns filed$84,290
Irs Income · Total Adjusted Gross Income (thousands)$4,879,167
Irs Income · Average AGI per return$57,885 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$76,026
Median Household Income$69,634 (vs Virginia $92,968) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate14.5%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$69,634

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.5% — below the U.S. average of ~4%. 10% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min23.10
Commuter Profile · Work From Home Pct10.2%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)102,308
Employment · Total annual wages (county)$6,950,388,751
Employment · Average annual pay$67,936
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment3,981,130
Unemployment Rate3.5% (vs Virginia 2.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Business Patterns · Establishments (employer count)3,803
Business Patterns · Total Employees94,999
Business Patterns · Annual Payroll Thousands6,085,572
Business Patterns · Year2022

Sources: Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores32
Local Businesses · Convenience Stores45
Local Businesses · Liquor Stores10
Local Businesses · Gas Stations61
Local Businesses · Department Stores4
Local Businesses · General Merchandise29
Local Businesses · Clothing Stores16
Local Businesses · Pet Stores5

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants151
Dining Scene · Fast Food167
Dining Scene · Bars7
Dining Scene · Coffee Snacks30

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (19)

Truist Bank
NEWPORT NEWS MAIN BRANCH · 737 J Clyde Morris Blvd · 23601
Southern Bank and Trust Company
NEWPORT NEWS BRANCH · 11832 Rock Landing Drive · 23606
JPMorgan Chase Bank, National Association
NEWPORT NEWS BRANCH · 1178 Jefferson Ave · 23607
Fulton Bank, National Association
OYSTER POINT BRANCH · 601 Thimble Shoals Blvd · 23606
Truist Bank
HIDENWOOD BRANCH · 20 Hidenwood Shopping Ctr · 23606
TowneBank
WARWICK BRANCH · 11001 Warwick Blvd · 23601
TowneBank
OYSTER POINT BRANCH · 1 Old Oyster Point Rd · 23602
Atlantic Union Bank
NEWPORT NEWS BRANCH · 603 Pilot House Dr · 23606
Bank of America, National Association
DENBIGH BRANCH · 14346 Warwick Blvd · 23602
TowneBank
OYSTER POINT FINANCIAL CENTER BRANCH · 11780 Jefferson Ave · 23606
Wells Fargo Bank, National Association
DENBIGH BRANCH · 441 Denbigh Blvd · 23608
Citizens and Farmers Bank
CITY CENTER BRANCH · 698 Town Center Dr · 23606
PNC Bank, National Association
FOUNTAIN PLAZA BRANCH · 701 Town Center Dr · 23606
Bank of America, National Association
DEER PARK BRANCH · 608 J Clyde Morris Blvd · 23601
Wells Fargo Bank, National Association
OYSTER POINT BRANCH · 600 Thimble Shoals Blvd · 23606
Truist Bank
DENBIGH BRANCH · 397 Denbigh Blvd · 23608
Primis Bank
NEWPORT NEWS OFFICE · 11801 Merchants Walk · 23606
Woodforest National Bank
NEWPORT NEWS WAL-MART BRANCH · 12401 Jefferson Ave · 23602
TowneBank
PROFESSIONAL PARK BRANCH · 11751 Jefferson Ave · 23606

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Cinco Estrellas Latin Store
Grocery Store · 2602 Chestnut Ave
Tinee Giant 59
Convenience Store · 12596 Warwick Blvd
Food Lion 447
Supermarket · 11712-0 JEFFERSON AVE
Food Lion 987
Supermarket · 467 Oriana Rd
Food Lion 227
Supermarket · 41 Hiden Blvd
Nearest Snap · NameCinco Estrellas Latin Store
Nearest Snap · Total In Area185

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameUNITED STATES JUNIOR CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$5,435,949,717
Federal Spending · Per Capita29,186.78 (vs Virginia $14,580)
Federal Spending · Population186,247 people (vs Virginia 42,214)

Sources: USAspending API

Other

Job Training · Total count2
Pct Drove Alone74.0%
Pct Public Transit3.6%
Pct Walked10.2%
Retirement Score · Median age34.4 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct25.9%
Retirement Score · Hospitals Nearby2
Retirement Score · Va AccessYes
Retirement Score · Factorshospital access, VA nearby
Retirement Score · Ratingfair

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12