Newport News


ABOUT THE ALLIANCE


FEATURED INDUSTRY

Information Technology


LATEST TWEETS


As part of their social justice initiative, IBM has pledged $100 million to Hampton University and, Alliance investor, Norfolk State University. The funds will focus on improving the universities computing and cybersecurity fields. Learn more here: https://t.co/jOdlkbNqqJ

“The region should be aiming for a bigger goal with more permanent jobs: becoming the center of the offshore wind supply chain for the entire East Coast.” - Matt Smith. Thanks @insidebiz for sharing! Learn more here: https://t.co/MRvKtiR7HR

Newport News, VA

The City of Newport News is the third largest city in Hampton Roads and the fifth largest city in Virginia. Sitting on a prime vantage point where the James River meets the Chesapeake Bay, the city runs approximately 23 miles along the James River and the Hampton Roads Harbor. Steeped in history, Newport News is a vibrant, transformational metropolitan city that balances economic activity and livability. Among the City’s business-friendly attributes are a resilient and innovative economy, favorable labor climate, highly productive workforce, outstanding quality of life and nationally recognized schools.

Industry Highlights

Jefferson Lab, a world-class national laboratory specializing in particle physics, has been present in Newport News for over 30 years. During that time, the Lab has won over $3.2 billion in federal funding and made groundbreaking discoveries in nuclear physics. This unique and important science asset, attracting over 1,600 international users annually, is a significant contributor to the local economy.

City Center at Oyster Point, the Peninsula’s Central Business District and home to several major corporate headquarters, is a public-private partnership boasting over $300 million in capital investment. This mixed-use development offers over 1,000,000 square feet of office, retail and entertainment space, more than 600 units of luxury residential development, and a 256-room full-service Marriott hotel and conference center.

Quality of Life

With world-class education, entertainment, dining, and recreation, Newport News is a place where great things are happening!

The City is home to a fully accredited, award-winning, technology-driven school system. Newport News Public Schools provide a full range of education services to over 28,000 students in 4 early childhood centers, 24 elementary, 7 middle and 5 high schools, 1 combination middle/high school, and 9 program sites.

The Patrick Henry corridor along Jefferson Avenue, anchored by Patrick Henry Mall, is home to some of the most desirable specialty retailers on the Virginia Peninsula. There is a great selection of dining options, from regional and ethnic restaurants to elegant locally-owned facilities to popular chain restaurants.

Data

Industry Employment Breakdown

Industry # of Employees % of Workforce
Manufacturing 28,009 45.05%
Health Care and Social Assistance 12,771 20.54%
Administrative and Support and Waste Management and Remediation Services 6,214 9.99%
Professional, Scientific, and Technical Services 4,750 7.64%
Management of Companies and Enterprises 2,440 3.92%

Source: EMSI

Demographics 2019

Population
178,277
Median Age
34.4
Labor Force
90,117
Unemployment Rate
3.4%
Median Household Income
$51,198
Sources: U.S. Bureau of Labor Statistics, November 2019; Esri Business Analyst Online, 2024 Forecast; Esri Business Analyst Online 2019 Detailed Age Profile; Economic Modeling Specialists International (EMSI), 2019 Forecast

Key Companies

Canon Virginia, Inc

Ferguson Enterprises

Huntington Ingalls Industries/Newport News Shipbuilding

Riverside Health System

Virginia Health Services, Inc.

City of Newport News Department of Development

Ms. Florence G. Kingston, Director
(P) 757-926-8428
fkingston@nnva.gov
www.nnva.gov/development

Subscribe today to receive valuable, up-to-date insight on the Hampton Roads region.

Subscribe

COMMITTED TO HAMPTON ROADS

CONTACT US

Hampton Roads Alliance
500 E. Main St, Suite 1300
Norfolk, VA 23510
P: (757) 627-2315
F: (757) 623-3081

© 2020 Hampton Roads Alliance. All rights reserved. | Site By: Conway Inc.

COVID-19 INFORMATION AND RESOURCES
Get the guidance you need on our 757 COVID-19 Business Recovery Forum. Read advice from industry experts and ask questions at www.757recovery.com. For business resources related to Coronavirus, please visit the Hampton Roads Chamber’s COVID-19 Business Resource Guide.