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Economy, jobs and prices in Virginia Beach, Virginia: official figures

The median household income in Virginia Beach was $92,968 a year in the 2020-2024 American Community Survey (in 2024 dollars), 288th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Virginia median $93,170.

Median household income
$92,968
2020-2024
Unemployment rate (ACS)
4.0%
2020-2024
Mean travel time to work
23.4 min
2020-2024
Median gross rent (monthly)
$1,714
2020-2024
Median home value (owner-occupied)
$382,500
2020-2024
Homes occupied by their owners
65.1%
2020-2024
Households with a broadband subscription
94.4%
2020-2024

What is the per capita income in Virginia Beach?

Income per resident (per capita income) in Virginia Beach averaged $48,736 a year in 2020-2024, 250th highest of 823 US cities of 50,000 or more (US: $44,673; Virginia: $50,666).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Virginia Beach?

Virginia Beach's Gini index of household income inequality was 0.436 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 322nd least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Virginia Beach, Virginia?

4.0% of the civilian labor force in Virginia Beach was unemployed on average over 2020-2024 (9,112 people), 169th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Virginia's 4.3%.

Source: U.S. Census Bureau · saved copy

What share of people in Virginia Beach are working?

68.5% of Virginia Beach's 367,836 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 243rd highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Virginia Beach have jobs?

220,728 residents of Virginia Beach held civilian jobs, 60.0% of those aged 16 and over (US: 59.7%), and 21,954 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Virginia Beach?

The largest industry group for working residents of Virginia Beach was education, health care and social assistance (24.2% of employed residents), followed by professional, scientific, management and administrative services (14.7%) and retail trade (11.0%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Virginia Beach work in manufacturing?

Manufacturing employed 6.1% of working residents of Virginia Beach, 175th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 14.7% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Virginia Beach, Virginia?

Commuters in Virginia Beach took 23.4 minutes on average to get to work in 2020-2024, 336th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 3.9% travelled an hour or more and 23.5% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Virginia Beach get to work?

14.3% of workers living in Virginia Beach worked from home in 2020-2024, 374th highest of 823 US cities of 50,000 or more (US: 15.1%). 74.0% drove to work alone, 7.4% carpooled, 0.8% used public transport and 1.6% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Virginia Beach, Virginia?

The median gross rent (rent plus utilities) in Virginia Beach was $1,714 a month in 2020-2024, 327th highest of 823 US cities of 50,000 or more (US: $1,413; Virginia: $1,579).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Virginia Beach?

Owner-occupied homes in Virginia Beach had a median value of $382,500 in 2020-2024 as estimated by their owners, 403rd lowest of 823 US cities of 50,000 or more (US: $332,700; Virginia: $383,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Virginia Beach?

The median home value in Virginia Beach was 4.1 times the median household income, 329th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Virginia Beach, Virginia own their home?

65.1% of the 179,851 occupied homes in Virginia Beach were lived in by their owners in 2020-2024 and 62,686 were rented, 241st highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Virginia: 67.3%).

Source: U.S. Census Bureau · saved copy

What share of homes in Virginia Beach have broadband?

94.4% of households in Virginia Beach had a broadband internet subscription of some type in 2020-2024, 245th highest of 823 US cities of 50,000 or more (US: 91.0%; Virginia: 91.0%).

Source: U.S. Census Bureau · saved copy

How many households in Virginia Beach have no internet?

3.6% of households in Virginia Beach (6,537) had no internet access at home in 2020-2024, 274th lowest of 823 US cities of 50,000 or more (US: 6.5%); 8.3% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Virginia Beach compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Virginia Beach ranks 288 of 823, highest first.

RankCityMedian household income (2024 dollars)
285Moreno Valley$93,222
286Bloomington$93,211
287West Sacramento$93,188
288Virginia Beach$92,968
289Suffolk$92,666
290Plantation$92,541
291Charleston$92,414
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Virginia Beach ranks 250 of 823, highest first.

RankCityPer capita income (2024 dollars)
247Lee's Summit$48,894
248Hendersonville$48,881
249Pflugerville$48,752
250Virginia Beach$48,736
251Livonia$48,664
252Mount Prospect$48,661
253Fountain Valley$48,652
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Virginia Beach ranks 502 of 823, highest first.

RankCityGini index of household income inequality
499Daly City0.437
500Farmington Hills0.436
501Nashua0.436
502Virginia Beach0.436
503Independence0.436
504Turlock0.436
505Olympia0.436
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Virginia Beach ranks 655 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
652Plantation4.0%
653Wylie4.0%
654Peoria4.0%
655Virginia Beach4.0%
656Brooklyn Park4.0%
657Ann Arbor3.9%
658Elkhart3.9%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Virginia Beach ranks 243 of 823, highest first.

RankCityLabor force participation rate (16 and over)
240Waltham68.5%
241Weymouth Town68.5%
242Hoover68.5%
243Virginia Beach68.5%
244Lexington68.4%
245Summerville68.4%
246Colorado Springs68.4%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Virginia Beach ranks 488 of 823, highest first.

RankCityMean travel time to work (minutes)
485San Diego23.5
486Perth Amboy23.5
487Wilmington23.5
488Virginia Beach23.4
489El Paso23.4
490Port Arthur23.4
491West Palm Beach23.4
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Virginia Beach ranks 374 of 823, highest first.

RankCityWorkers who worked from home
371Glendale14.4%
372Pearland14.4%
373Auburn14.4%
374Virginia Beach14.3%
375Denton14.3%
376Bayonne14.3%
377Providence14.3%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Virginia Beach ranks 501 of 823, highest first.

RankCityWorkers commuting by public transportation
498Tustin0.8%
499Merced0.8%
500Moreno Valley0.8%
501Virginia Beach0.8%
502Burbank0.8%
503Chino0.8%
504Placentia0.8%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Virginia Beach ranks 649 of 823, highest first.

RankCityEmployed residents working in manufacturing
646Boulder6.1%
647Wilmington6.1%
648Iowa City6.1%
649Virginia Beach6.1%
650Walnut Creek6.1%
651Edmond6.1%
652Killeen6.1%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Virginia Beach ranks 311 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
308Bristol24.2%
309Suffolk24.2%
310Santa Fe24.2%
311Virginia Beach24.2%
312Chicago24.2%
313Tempe24.1%
314Greenwood24.1%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Virginia Beach ranks 327 of 823, highest first.

RankCityMedian gross rent per month
324Bozeman$1,717
325Sparks$1,716
326West New York$1,716
327Virginia Beach$1,714
328Carmel$1,712
329Atlanta$1,711
330Deltona$1,711
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Virginia Beach ranks 421 of 823, highest first.

RankCityMedian value of owner-occupied homes
418Fort Myers$384,500
419Wilmington$383,800
420Logan$383,600
421Virginia Beach$382,500
422Spokane Valley$382,300
423Redding$382,300
424Carrollton$381,000
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Virginia Beach ranks 492 of 820, highest first.

RankCityMedian home value as a multiple of median household income
489Sherman4.1x
490Frederick4.1x
491Coconut Creek4.1x
492Virginia Beach4.1x
493Ocoee4.1x
494Jackson4.1x
495Manhattan4.1x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Virginia Beach ranks 241 of 823, highest first.

RankCityOccupied homes lived in by their owners
238New Braunfels65.3%
239Sioux City65.3%
240Concord65.2%
241Virginia Beach65.1%
242Midland65.1%
243Alpharetta65.1%
244Rochester65.1%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Virginia Beach ranks 245 of 823, highest first.

RankCityHouseholds with a broadband subscription
242Davis94.5%
243Colorado Springs94.4%
244Jupiter94.4%
245Virginia Beach94.4%
246Salinas94.4%
247Broken Arrow94.4%
248Renton94.4%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Virginia Beach ranks 550 of 823, highest first.

RankCityHouseholds with no internet access
547St. Charles3.7%
548Bartlett3.6%
549Ontario3.6%
550Virginia Beach3.6%
551Redlands3.6%
552Waukesha3.6%
553Portland3.6%
Source: U.S. Census Bureau · saved copy

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Sources

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