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Salary & Cost of Living in Newport News, VA

Newport News, VA: $58,000 median salary, cost of living index 94, $12.41/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.

Median Salary

$58,000

$28/hr

Cost of Living

94

US avg = 100

Minimum Wage

$12.41

per hour

Unemployment

3.5%

rate

Newport News, VA Overview

Population

186,247

Median Salary

$58,000

Average Salary

$64,000

Avg Commute

24 min

Median Home Price

$225,000

Median Rent

$1,100/mo

Job Growth

+1.5%

Sales Tax

6%

Newport News is located in Virginia with a population of 186,247. The median household salary is $58,000 per year ($28/hour), which is $1,384 below the national median of $59,384. The average commute time is 24 minutes, and the city has a job growth rate of +1.5%.

Newport News Paycheck Calculator

Enter your annual salary to see your estimated take-home pay in Newport News, VA, after federal, state, and local taxes.

Estimated Annual Take-Home Pay

$45,307

$3,775.54/month · $1,742.56/biweekly · Effective Rate: 21.9%

Gross Pay

$58,000

Federal Tax

-$4,922

State Tax

-$3,335

Local Tax

$0

FICA

-$4,437

Net Pay

$45,307

Pay Breakdown

Net 78.1%
Federal
State
FICA
Take-Home Federal State FICA
ItemMonthlyAnnual
Gross Salary$4,833.33$58,000.00
Federal Income Tax-$410.13-$4,921.50
Virginia State Tax (5.75%)-$277.92-$3,335.00
Social Security (6.2%)-$299.67-$3,596.00
Medicare (1.45%)-$70.08-$841.00
Net Take-Home Pay$3,775.54$45,306.50

Salary Comparison: Newport News vs Other Cities

See how Newport News's median salary and cost of living compare to the national average and similar cities.

CityMedian SalaryCOL IndexAdj. Salary
Newport News, VA$58,00094$61,702
National Average$59,384100$59,384
Escondido, CA$58,000135$42,963
Newark, DE$58,000102$56,863
Jacksonville, FL$58,00096$60,417
Palm Bay, FL$58,00095$61,053

Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.

Cost of Living in Newport News

Newport News's cost of living index is 94 (national average = 100). Living in Newport News is 6% less expensive than the national average.

Median Home Price

$225,000

Median Monthly Rent

$1,100

Annual Rent Cost

$13,200

Your Salary's Purchasing Power

Your $45,307 annual take-home pay in Newport News has the purchasing power of approximately $48,198 in an average-cost US area. Your $58,000 salary stretches further here than in most US cities.

Top Industries in Newport News

Newport News's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $58,000.

1Shipbuilding
2Military
3Healthcare
Job Growth: +1.5%Unemployment: 3.5%

Salary Tips for Newport News Workers

  • Maximize pre-tax deductions. With a 5.75% state income tax rate, maximizing 401(k) contributions (up to $23,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
  • Research top industries. Newport News's top industries include Shipbuilding, Military, Healthcare. Targeting roles in these sectors can help you earn above the $58,000 median salary.
  • Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.

Explore Salaries Across the US

Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.

Frequently Asked Questions

What is the median salary in Newport News, VA?

The median salary in Newport News, VA is $58,000 per year, or $28 per hour. The average salary is $64,000. This is $1,384 below the national median of $59,384.

What is the cost of living in Newport News, VA?

Newport News's cost of living index is 94 (national average = 100), meaning it is 6% less expensive compared to the national average. The median home price is $225,000 and the median monthly rent is $1,100.

What are the best industries in Newport News?

The top industries in Newport News, VA include Shipbuilding, Military, Healthcare. The city has a job growth rate of 1.5% and an unemployment rate of 3.5%. Workers in these industries often earn above the city's median salary of $58,000.

How does Newport News's salary compare to other cities?

Newport News's median salary of $58,000 is 2.3% below the national median of $59,384. However, when adjusted for cost of living (index: 94), the real purchasing power is approximately $61,702.

What is the minimum wage in Newport News, VA?

The minimum wage in Newport News, VA is $12.41 per hour. This equals approximately $25,813 per year for a full-time worker (40 hours/week). This is $5.16 above the federal minimum wage of $7.25/hour.