Virginia Beach, VA
Population 457,066 · Virginia
About Virginia Beach, VA
Virginia Beach is a major city located in Virginia with a population of 457,066 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,685 per year, which is 21% above the national median of $75,149. The median age of 37.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Virginia Beach features a median home value of $366,300, which is 50% above the national median of $244,900. This positions Virginia Beach in a moderately priced market relative to the rest of the country. Median monthly rent is $1,649, 42% above the national average of $1,163/month. Of the 190,734 total housing units, 65% are owner-occupied (116,729 units) and 35% are renter-occupied (63,071 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Virginia Beach shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 8.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Virginia Beach have an average one-way commute time of 23.2 minutes.
Education & Demographics
40.4% of Virginia Beach residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.8% White, 1.4% Hispanic or Latino, 2.5% Black or African American, and 3.3% Asian residents, with 9.1% of the population being foreign-born.
How Virginia Beach Ranks in Virginia
Cost of Living in Virginia Beach, VA
Compared to national averages, Virginia Beach has a median household income of $90,685 (21% above the national median of $75,149). Home values average $366,300, which is 50% above the national median. Monthly rent at $1,649 is 42% above the US average of $1,163. Within Virginia, Virginia Beach's income is 3% above the state average of $87,957, and home values are 12% above the state median of $327,514.
Why Live in Virginia Beach, VA?
Virginia Beach offers a strong local economy with a median household income of $90,685, well above the national average, and a well-educated community where 40.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.4%, better than the national average. Additionally, the city features short commute times averaging just 23.2 minutes.
Virginia Beach has a population of 457,066 with a median age of 37.4 years. Compare Virginia Beach with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Virginia Beach
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chesapeake | 251,153 | $94,189 | $359,100 | Compare |
| Arlington | 235,463 | $140,160 | $864,800 | Compare |
| Norfolk | 235,037 | $64,017 | $271,900 | Compare |
| Richmond | 227,595 | $62,671 | $328,100 | Compare |
| Newport News | 184,774 | $66,718 | $243,300 | Compare |
| Alexandria | 156,788 | $113,638 | $696,800 | Compare |
| Hampton | 137,334 | $67,758 | $234,100 | Compare |
| Roanoke | 98,677 | $52,671 | $180,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Virginia Beach With Other Cities
Frequently Asked Questions about Virginia Beach
What is the population of Virginia Beach, VA?
The population of Virginia Beach, VA is 457,066 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Virginia.
What is the median household income in Virginia Beach?
The median household income in Virginia Beach, VA is $90,685 per year, which is 21% above the national median of $75,149.
What is the median home value in Virginia Beach?
The median home value in Virginia Beach, VA is $366,300, which is 50% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Virginia Beach?
The median monthly rent in Virginia Beach, VA is $1,649, which is 42% above the national average of $1,163/month.
What is the unemployment rate in Virginia Beach?
The unemployment rate in Virginia Beach, VA is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Virginia Beach, VA a good place to live?
Virginia Beach offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 457,066 and a median age of 37.4, the city appeals to a broad range of residents.
How educated is Virginia Beach, VA?
40.4% of residents in Virginia Beach aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Virginia Beach?
Key cost-of-living indicators for Virginia Beach, VA: median home value is $366,300 (50% above national), median rent is $1,649/month, and median household income is $90,685. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Virginia Beach?
The poverty rate in Virginia Beach, VA is 8.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Virginia Beach, VA?
Virginia Beach's population is 2.8% White, 1.4% Hispanic or Latino, 2.5% Black or African American, 3.3% Asian, and 18.3% two or more races. 9.1% of residents are foreign-born.