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New Point, VA Utility & Living Guide
Living in New Point, VA offers a tranquil and scenic experience with access to the Chesapeake Bay and surrounding natural beauty.
Monthly Utility Costs
$130/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1100/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $2000/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 0.8% |
| Avg Childcare/mo | $900 |
The housing market in New Point is relatively stable, with a mix of older and newer homes available. Waterfront properties are highly sought after, and prices can be higher in these areas. Rentals are also available, but may be limited in certain areas.
Cost of Living
105
+5% above national average
102
98
100
$900
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.8% |
| <p>State 4.3% + Local 1%</p> | |
Virginia has a progressive income tax system, with rates ranging from 2% to 5.75%
Family & Relocation
60
7/10
$900/mo
City Pulse
New Point has limited public transportation, but the area is relatively flat and easy to navigate with a stroller.
- Mathews County Park
- Chesapeake Bay Beach
- New Point Comfort Lighthouse
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in New Point based on your household profile.
Local Briefing & Neighborhood Pulse
Live Local News
New Point has zoning regulations in place to protect the area’s natural beauty and character.
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
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📊 New Point — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in New Point can fluctuate by season, with higher electricity bills in the summer due to air conditioning usage. In the winter, heating costs can also increase, although the area's mild climate helps to keep these costs relatively low.
🏛️ Local Tax Details
The ZIP code 23120 has a property tax millage rate of 0.8, with no local surtaxes.
👶 Family & Stroller Friendliness
6, New Point has a relatively low stroller-friendly score due to limited sidewalk access in some areas, but the town's flat terrain and scenic parks make it a pleasant place to explore with a stroller.
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