Newport News, Newport News County, Virginia Property Taxes
Median Newport News, VA effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Virginia state median of 0.89%. Median Newport News, VA home value: $247,650. Median annual Newport News, VA tax bill: $2,848, $448 higher than the national median property tax bill of $2,400.
How are property taxes in Newport News calculated?
Property taxes in Newport News, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Newport News’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Newport News, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Newport News, Newport News County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.16%
Estimate Property Tax Bill
$2,873
$2,666
Property Tax Rates Across Newport News, Newport News County, Virginia
Local government entities set property tax rates, which can vary widely within Virginia. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Newport News, the effective property tax rate is slightly above the national median of 1.02%. Within Newport News, the highest median tax rate is found in the 23606 zip code at 1.17%, while the lowest is in the 23601 zip code at 1.15%. These rates are reflective of the median property tax rate in Virginia, which stands at 1.16%, just above the national median.
By comparing Newport News’ effective property tax rate to other cities in Virginia and the U.S., homeowners can gain insight into how local tax rates may impact their overall property expenses.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Newport News Tax Rate
1.16%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Newport News County Tax Rate
1.16%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Newport News, Newport News County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23601 | 1.09% | 1.13% | 1.15% | 1.18% | 1.20% |
| 23602 | 1.09% | 1.12% | 1.15% | 1.18% | 1.21% |
| 23603 | 1.03% | 1.11% | 1.17% | 1.20% | 1.21% |
| 23605 | 1.10% | 1.14% | 1.16% | 1.17% | 1.19% |
| 23606 | 1.10% | 1.14% | 1.17% | 1.19% | 1.21% |
| 23607 | 1.08% | 1.12% | 1.16% | 1.19% | 1.22% |
| 23608 | 1.10% | 1.12% | 1.15% | 1.17% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Newport News, Newport News County, Virginia
Property Tax Assessment Values Across Newport News, Newport News County, Virginia
Source: Ownwell
$129,500
$221,425
$313,350
Median Newport News Market Value
$247,650
Median Newport News County Market Value
$247,650
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Newport News, Newport News County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23601 | $186,630 | $214,900 | $248,600 | $293,700 | $376,770 |
| 23602 | $150,400 | $217,700 | $264,050 | $333,000 | $397,630 |
| 23603 | $165,200 | $183,600 | $229,200 | $338,500 | $409,700 |
| 23605 | $145,700 | $168,800 | $191,700 | $220,450 | $258,380 |
| 23606 | $206,270 | $256,325 | $313,350 | $403,600 | $527,490 |
| 23607 | $76,100 | $96,500 | $129,500 | $178,100 | $235,700 |
| 23608 | $144,800 | $208,100 | $257,000 | $305,300 | $350,000 |
Source: Ownwell
Property Tax Bills Across Newport News, Newport News County, Virginia
Property Tax Bills Across Newport News, Newport News County, Virginia
Source: Ownwell
$1,458
$2,556
$3,653
Median Newport News Tax Bill
$2,848
Median Newport News County Tax Bill
$2,848
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Newport News, Newport News County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23601 | $2,189 | $2,500 | $2,847 | $3,297 | $4,304 |
| 23602 | $1,695 | $2,510 | $3,053 | $3,813 | $4,497 |
| 23603 | $1,737 | $1,973 | $2,719 | $3,907 | $4,665 |
| 23605 | $1,705 | $1,957 | $2,199 | $2,504 | $2,920 |
| 23606 | $2,378 | $2,996 | $3,653 | $4,682 | $5,994 |
| 23607 | $906 | $1,117 | $1,458 | $1,975 | $2,558 |
| 23608 | $1,617 | $2,390 | $2,965 | $3,503 | $4,018 |
Source: Ownwell