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Newport News climate
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Taxes (Paid by Individuals)
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Cost of living

TAXES PAID (BY INDIVIDUALS)

State income tax 5.75% (top rate)
Municipal income tax None
Real property tax $1.10/$100 assessed value
Personal property tax (vehicles* and boats) $4.25/$100 book value
Sales tax 5.0%
Meals tax 6.5% (plus sales tax)
* The personal property tax on vehicles assessed at less than $25,000 is reduced by 70%.

Source: City of Newport News, Department of Development

 

Updated 05.16.07
 
 
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