Income & Economy in Newport News city, VA (23606)
Median Income
$69,921
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,687
Wealth inflow
Population
29,899
Unemployment
4.7%
1.0pp above US avg
IRS migration statistics show a net inflow of about 1,687 for ZIP 23606 (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 23606 (2020–Present)
Since 2020, population grew 5.9%, median income rose 6.8% (inflation-adjusted), home values increased 3.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $69,921 |
| Unemployment | 4.7% |
| Establishments | 1,204 |
| Employees | 22,455 |