Property Tax & Income in Newport News city, Virginia
Newport News city has an effective property tax rate of 1.01%. On the median home value of $260,600, that's roughly $2,634 per year. Median household income is $69,634.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Newport News city | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 1.01% | 0.60% |
| Median home value1 | $260,600 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Newport News city, VA
In Newport News city, Virginia, homeowners face an effective property tax rate of 1.011%, notably higher than the statewide median of 0.601% and the national figure of 0.794%. That rate places the county fourth among Virginia's 133 counties for property tax burden. A home valued at the median $260,600 carries an annual real-estate tax bill of about $2,634. With median household income at $69,634, that tax consumes roughly 3.8% of a household's yearly earnings, a meaningful line item in the budget. Per-capita income stands at $38,773, so the tax load weighs more heavily on individual earners. Newport News anchors the county, alongside Fort Eustis. Buyers weighing a move here should factor the above-average rate into their housing costs, since it exceeds both state and national norms.