Newport News city, Virginia: commercial real estate data.
Newport News city, Virginia has a population of 184,216 across 69 square miles, down 1.7 percent since the 2020 census base. County output reached $18.79 bn in 2024, 3,788 establishments operate here, and the SBA record carries 84 7(a) approvals worth $46.7 m.
121 sourced county values · tier FULL · 11 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Newport News city
How many people live in Newport News city
- Population184,216
- Households76,112
- Average household size2.42
- Median household income$69,634
- Median age34.4
- Median gross rent$1,339 per month
- Median owner-occupied home value$260,600
- Home value to household income3.7 times
- Annual rent as a share of median income23.1 percent
- Adults 25 and over with a bachelor degree or higher30.6 percent
- Adults 25 and over with a graduate degree11.5 percent
- Adults 25 and over120,123
- Population under 1842,782
- Share under 1823.2 percent
- Population 65 and over25,916
- Share 65 and over14.1 percent
- Working age population, 18 to 64115,518
- Civilian labor force89,628
- Unemployment rate5.8 percent
- Labor force participation, adults 18 and over63.4 percent
- Rank by population among Virginia independent cities11th of 133
- Rank by population among US county-equivalents370th
Newport News city is the 11th largest of 133 Virginia independent cities by population. A median home costs 3.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.2 percent against 14.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Newport News city
Is Newport News city's population growing?
- Population change since the 2020 census base-1.71 percent
- Census 2020 base population186,239
- Births, 20242,471
- Deaths, 20241,817
- Natural change, 2024654
- Net domestic migration, 2024-1,624
- Net international migration, 2024787
- Total net migration, 2024-837
- Cumulative net domestic migration, 2021 to 2024-7,726
- Rank by growth among US county-equivalents2423rd
The county has lost 1.71 percent of its population since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Newport News city
Where are people moving to Newport News city from?
- Tax returns filed by households arriving7,936
- People arriving, from those returns13,991
- Adjusted gross income arriving$352.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$44,462
- Largest single originNewport News city Non-migrants (62,859 households)
- Largest single destination (62,859 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Newport News city Non-migrants | 62,859 | 118,691 | $3.88 bn |
| Other flows - Different State | 2,419 | 4,289 | $108.9 m |
| Hampton city | 1,804 | 3,229 | $69.7 m |
| Other flows - South | 1,227 | 2,182 | $51.9 m |
| York County | 526 | 921 | $29.2 m |
| Other flows - Northeast | 477 | 799 | $21.3 m |
| Other flows - Same State | 395 | 623 | $16.8 m |
| Other flows - West | 361 | 682 | $19.1 m |
The largest single source of arrivals is Newport News city Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Newport News city
What is the Newport News city economy?
- County GDP, 2024$18.79 bn
- County GDP, 2023$18.29 bn
- GDP change, 2023 to 20242.8 percent
- GDP change over five years30.7 percent
- Rank by GDP among Virginia independent cities10th
- Rank by GDP among US county-equivalents274th
- GDP per resident$102,016
Output grew 2.8 percent in the latest year and 30.7 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Newport News city
Largest employers in Newport News city
- Covered employment, annual average102,308
- Establishments reporting4,501
- Average annual pay$67,936
- Average weekly wage$1,306
- Sector 31-33, employment28,695
- Sector 31-33, average annual pay$80,557
- Sector 62, employment14,511
- Sector 62, average annual pay$69,837
- Sector 44-45, employment8,587
- Sector 44-45, average annual pay$35,662
- Sector 72, employment7,020
- Sector 72, average annual pay$24,570
- Sector 54, employment4,986
- Sector 56, employment4,090
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 28,695 | 118 | $80,557 |
| Sector 62 | 14,511 | 997 | $69,837 |
| Sector 44-45 | 8,587 | 561 | $35,662 |
| Sector 72 | 7,020 | 406 | $24,570 |
| Sector 54 | 4,986 | 417 | $92,856 |
| Sector 56 | 4,090 | 260 | $44,026 |
| Sector 23 | 3,946 | 292 | $81,522 |
| Sector 55 | 2,313 | 30 | $172,416 |
The largest sector is the biggest private employer group at 28,695 jobs, 28.0 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Newport News city
How many businesses are in Newport News city?
- Establishments, all industries3,788
- Employment at those establishments94,131
- Annual payroll$6.35 bn
- Establishments per 1,000 residents20.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Newport News city
Building permits in Newport News city
- Housing units authorised by permit, 20246
- Declared construction value permitted$814,850
- Single family units authorised3
- Multifamily units authorised3
- Multifamily share of units50.0 percent
- Average declared value per unit$135,808
- Units authorised per 1,000 households0.1
Multifamily is 50.0 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Newport News city
SBA loans in Newport News city (7(a) and 504)
- 7(a) approvals recorded84
- 7(a) gross approval dollars$46.7 m
- Average 7(a) approval$556,023
- Median 7(a) approval$250,000
- 10th percentile approval$25,000
- 90th percentile approval$1,421,500
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)1,149
- Jobs per approval13.7
- Distinct 7(a) lenders active38
- Distinct industries receiving approvals49
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer13.1 percent
- Loans on real estate terms11
- Loans on working capital terms, 120 months or shorter66
- Franchise loans24
- Franchise share of approvals28.6 percent
- Leading industry by approval countLimited-Service Restaurants (6)
- Most active lenderNortheast Bank (15)
- 504 approvals recorded56
- 504 gross approval dollars$27.6 m
- Average 504 approval$493,000
- Median 504 approval$315,000
- Distinct CDCs active3
- 504 jobs per approval6.3
- 504 jobs per million dollars approved12.7
- Most active CDC504 Capital Corporation (40)
- 7(a) share of SBA approvals60.0 percent
- Combined SBA approval dollars$74.3 m
The average approval of $556,023 sits well above the median of $250,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 13.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Newport News city
SBA loan default and charge-off rates in Newport News city
Do SBA loans in Newport News city get paid back?
- Loans with a final outcome recorded9
- Paid in full8
- Charged off1
- Status: Paid in full8
- Status: Exempt from disclosure54
- Status: Cancelled17
- Status: Charged off1
- Status: Committed, not yet disbursed4
Too few loans have reached a final outcome to publish a charge off rate. only 9 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newport News city
SBA lending by place in Newport News city
- Places in the county with recorded lending5
- NEWPORT NEWS, approvals79
- Gloucester, approvals2
- ANNAPOLIS, approvals1
- Yorktown, approvals1
- VIRGINIA BEACH, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| NEWPORT NEWS | 79 | $45,508,900 |
| Gloucester | 2 | $336,000 |
| ANNAPOLIS | 1 | $686,000 |
| Yorktown | 1 | $150,000 |
| VIRGINIA BEACH | 1 | $25,000 |
NEWPORT NEWS accounts for 79 approvals against 2 in Gloucester. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newport News city
How large is Newport News city?
- Land area69 sq mi
- Rank by land area among Virginia independent cities98th of 133
- Width, east to west10.4 mi
- Height, north to south13.9 mi
- Geographies sharing a boundary3
- Residents per square mile of land2,670
- Establishments per square mile54.90
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Newport News city site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Newport News city site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population184,216
- Households76,112
- Average household size2.42
- Median household income$69,634
- Median age34.4
Common questions
Newport News city questions, answered from the record.
How many people live in Newport News city, Virginia?
184,216, in 76,112 households, ranking 11th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Newport News city's population growing?
The population has fallen 1.71 percent since the 2020 census base. In 2024 there were 2,471 births against 1,817 deaths, with net migration of -837. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Newport News city?
$69,634. The median owner-occupied home is valued at $260,600, which is 3.7 times income, and median gross rent is $1,339 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Newport News city?
3,788 establishments, employing 94,131 people with an annual payroll of $6.35 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Newport News city?
Average annual pay is $67,936, or $1,306 a week, across 102,308 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Newport News city?
84 7(a) approvals totalling $46.7 m since FY2020, across 38 lenders, with a median approval of $250,000, plus 56 504 approvals worth $27.6 m. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Newport News city?
6 housing units were authorised by permit in 2024, with a declared construction value of $814,850. Multifamily was 50.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Newport News city?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Newport News city come from?
The largest single origin is Newport News city Non-migrants, with 62,859 households. Arriving households report an average income of $44,462 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Newport News city on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Newport News city?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.