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Portsmouth, Virginia   Add Favorite    4 Reviews | Review This Place




Find your Best Mortgage in Portsmouth: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Nearby water recreation
-Educated population
-Stable economy

Cons

-Growth and sprawl
-Rising costs
-Air service


What Bert Has To Say About Virginia Beach-Norfolk-Newport News Metro Area


This complex area straddles the waterway known as Hampton Roads, a large bay that empties into the Chesapeake Bay and Atlantic Ocean. It is the largest metropolitan area in the state in terms of population, and offers an interesting mix of urban, suburban, waterfront and inland environments. The cities of Norfolk, Chesapeake, and Portsmouth are to the south of the waterway, with the large and rapidly growing Virginia Beach located a few miles to the east along the Atlantic Shore. Hampton and Newport News lie to the north across a long bridge-tunnel connection. The natural harbor makes for one of the best ports on the East Coast, and shipping and shipbuilding activity are paramount, along with fishing and seaport-related commerce.


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Highlights



Quick Facts About Portsmouth


    ECONOMY
    The unemployment rate in Portsmouth is 6.00 percent(U.S. avg. is 5.20%). Recent job growth is Negative. Portsmouth jobs have Decreased by 0.22 percent.
    COST OF LIVING
    Compared to the rest of the country, Portsmouth's cost of living is 8.10% Lower than the U.S. average.
    POPULATION
    As of 2014, Portsmouth's population is 96,201 people. Since 2000, it has had a population growth of -7.42 percent.
    TRANSPORTATION
    Average Commute time is 44 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Portsmouth is $140,800. Home appreciation the last 10 years has been -10.41%.
    SCHOOLS
    Portsmouth public schools spend $11,188 per student. The average school expenditure in the U.S. is $12,383. There are about 15.1 students per teacher in Portsmouth.

Portsmouth Ranked & Rated



Portsmouth Housing Market


It's not a good time to buy in Portsmouth. Home Appreciation is down -3.1% in the last 12 months. Browse Portsmouth Real Estate.
The median home price in Portsmouth is $140,800. Browse Homes in this Range.
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Reviews for Portsmouth, Virginia


Unknown
Portsmouth

Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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  4/7/2015
answer to question about paper mills

I have lived in Westhaven neighborhood in Portsmouth for 23 yrs. I have never smelled a paper mill in Portsmouth. I grew up in MA about a mile from one, so I know what... (Read More)

 82

 82

  2/22/2010
location

Housing not always... (Read More)

 94

 84

  6/13/2008
Question: Are there any paper mills in the Portsmo

Does anyone living near Portsmouth, VA smell a paper... (Read More)

 98

 114

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