Fredericksburg vs Newport News: Housing
| Fredericksburg | Newport News | |
|---|---|---|
| Median Home Value | $483,700 | $260,600 |
| Median Gross Rent | $1,619/mo | $1,339/mo |
| Homeownership Rate | 39.7% | 48.2% |
| Rent as Share of Income | 22.6% | 23.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.