Living in Virginia Beach, Virginia
Cost of living, income, home prices, rent and demographics of Virginia Beach · Census data 2020–2024
Virginia Beach has 456,349 residents with a median age of 37.9. The median household income is $92,968 (about the same as the Virginia median), the median home value is $382,500, the median rent is $1,714/month.
Virginia Beach at a glance
- Population
- 456,349
- Median age
- 37.9State: 39
- Median household income
- $92,968State: $93,170
- Median home value
- $382,500State: $383,700
- Median rent
- $1,714/moState: $1,579
- Homeowners
- 65.1%
- Bachelor's degree or higher
- 40.9%
- Average commute
- 23 min
Is Virginia Beach a good place to live?
Pros: Home values about the same as the state median; an average commute of 23 minutes; unemployment of 4%; a poverty rate of 8.6%.
Cons: Median household income about the same as the Virginia median.
The weather is best in May–June and September–October.
Cost of living in Virginia Beach
Housing is the biggest part of the cost of living. In Virginia Beach the median home value is $382,500, 15% higher than the U.S. median. Renters pay a median of $1,714 per month, which is 32.2% of household income. Homeowners with a mortgage pay $2,100 a month in housing costs.
Virginia Beach median household income
The median household income in Virginia Beach is $92,968 and the income per person is $48,736. 8.6% of residents live below the poverty line (Virginia: 9.9%).
Housing in Virginia Beach: homes for sale and rent
- Housing units
- 191,294
- Owner-occupied
- 65.1%
- Renter-occupied
- 34.9%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.49
Virginia Beach demographics
- Population
- 456,349
- Median age
- 37.9
- Under 18
- 21.9%
- 65 and older
- 15.9%
- Households
- 179,851
- Foreign-born
- 9.2%
- Veterans
- 15.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Virginia Beach ›
Education in Virginia Beach
40.9% of adults 25 and older in Virginia Beach have a bachelor's degree or higher (Virginia: 42.2%), and 15.5% have a graduate or professional degree.
Jobs and commute in Virginia Beach
- Unemployment rate
- 4%State: 4.3%
- Average commute
- 23 minState: 27 min
- Work from home
- 14.3%
- Drive alone
- 74%
- Public transit
- 0.8%
- Walk to work
- 1.6%
- Homes with broadband
- 94.4%
Virginia Beach vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Virginia Beach | 456,349 | $92,968 | $382,500 | $1,714 |
| Norfolk | 233,596 | $66,109 | $289,900 | $1,321 |
| Chesapeake | 252,583 | $95,373 | $378,400 | $1,586 |
| Portsmouth | 97,190 | $60,491 | $246,900 | $1,300 |
| Moyock | 5,684 | $115,244 | $405,100 | $1,710 |
| Hampton | 137,557 | $69,621 | $245,700 | $1,427 |
| Poquoson | 12,639 | $120,972 | $400,300 | $1,707 |
| Carrollton | 8,436 | $110,956 | $423,900 | $1,789 |
| Coinjock | 543 | $68,861 | $225,700 | $1,600 |
More for people moving to Virginia Beach
Virginia Beach ZIP code ›Weather and climate ›Living in Virginia Beach: FAQ
What is the median household income in Virginia Beach, VA?
The median household income in Virginia Beach is $92,968, about the same as the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Virginia Beach?
The median home value in Virginia Beach is $382,500, compared with $383,700 in Virginia.
How much is rent in Virginia Beach?
The median gross rent in Virginia Beach is $1,714 per month, about 32.2% of household income.
Is Virginia Beach, VA a good place to live?
Pluses: home values about the same as the state median; an average commute of 23 minutes; unemployment of 4%; a poverty rate of 8.6%. Minuses: median household income about the same as the Virginia median.
What is the median age in Virginia Beach?
The median age in Virginia Beach is 37.9 years (Virginia: 39).
How long is the commute in Virginia Beach?
The average commute to work in Virginia Beach is 23 minutes; 14.3% of workers work from home.
What is the unemployment rate in Virginia Beach?
The unemployment rate in Virginia Beach is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Virginia Beach?
40.9% of adults in Virginia Beach have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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