Income & Economy in Newport News city, VA (23601)
Median Income
$71,345
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,499
Wealth inflow
Population
26,557
Unemployment
4.2%
0.5pp above US avg
IRS migration statistics show a net inflow of about 1,499 for ZIP 23601 (Newport News city, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 23601 (2020–Present)
Since 2020, population grew 4.8%, median income rose 9.5% (inflation-adjusted), home values increased 2.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $71,345 |
| Unemployment | 4.2% |
| Establishments | 557 |
| Employees | 11,147 |