Income & Economy in Newport News city, VA (23604)
Median Income
$73,472
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+269
Wealth inflow
Population
4,768
Unemployment
7.4%
3.7pp above US avg
IRS migration statistics show a net inflow of about 269 for ZIP 23604 (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 23604 (2020–Present)
Since 2020, population declined 22.5%, median income fell 0.5% (inflation-adjusted), home values decreased NaN%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $73,472 |
| Unemployment | 7.4% |
| Establishments | 47 |
| Employees | 942 |