Property Tax in Newport News city
via TaxByCounty
Newport News: among nation's highest rates
Newport News's effective tax rate of 1.030% ranks in the nation's highest percentile, and its median tax of $2,507 sits slightly below the national median of $2,690. Despite lower home values, the city's tax burden substantially exceeds most American municipalities.
Virginia's heaviest property tax burden
Newport News carries the highest effective tax rate in Virginia at 1.030%, nearly 54% above the state average of 0.671%. Its median tax of $2,507 is 28% above Virginia's state average, making it the state's costliest jurisdiction for property owners.
Newport News dwarfs surrounding counties
Newport News's 1.030% rate far exceeds neighboring Norfolk (1.007%), Northumberland (0.481%), and Northampton (0.605%). As an independent city with extensive urban services, Newport News maintains the region's most aggressive tax rate to fund its municipal obligations.
The Newport News annual property tax
A median-valued Newport News home at $243,300 generates an annual property tax of roughly $2,507. At $209 per month, this represents one of the nation's heaviest burdens despite relatively affordable home prices.
Appeal your assessment in Newport News
Newport News residents paying high taxes should file a free assessment appeal, especially if property values in the neighborhood have declined or stabilized. Many homeowners in high-tax cities discover their assessments lag behind current market conditions and successfully reduce their bills.