Virginia Beach, Virginia 

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Economy in Virginia Beach, Virginia

Virginia Beach has an unemployment rate of 4.8%. The US average is 6.0%.

Virginia Beach has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.

Tax Rates for Virginia Beach
- The Sales Tax Rate for Virginia Beach is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Virginia Beach is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Virginia Beach
- The average income of a Virginia Beach resident is $32,477 a year. The US average is $28,555 a year.
- The Median household income of a Virginia Beach resident is $67,001 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYVirginia Beach, VirginiaUnited States
  4.8%6.0%
  -5.8%-6.2%
  33.2%33.5%
  6.0%6.2%
  5.8%4.6%
  $34,607$31,177
  $70,500$57,652
  $81,730$70,850
  POPULATION BY OCCUPATION
  0.2%1.3%
  0.2%0.6%
  6.3%6.2%
  6.4%10.4%
  2.0%2.7%
  11.8%11.6%
  3.3%4.1%
  0.4%0.9%
  2.2%2.1%
  4.8%4.7%
  2.8%1.9%
  7.6%6.7%
  0.1%0.1%
  4.3%4.3%
  9.4%9.3%
  12.5%13.8%
  1.8%2.2%
  9.2%7.4%
  4.9%4.9%
  9.7%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Virginia Beach    95 Reviews
    An okay place to reside - 1/3/2021
    If you lived here prior to 2005, your experience in Virginia Beach is likely between good and wonderful. There are still pros to living here. Other reviews have... Read More

    Start Your Review of Virginia Beach


    Virginia Beach - 6/17/2019
    I lived in the Hampton Roads area for 11 years while I was in the Navy. It was a bit of a culture shock, since I grew up in a small rural town in Maine with 900 people.... Read More

    Great Place to Grow Up - 6/13/2018
    I lived in the Kempsville area of VB growing up and loved it. There's no way to be bored when you have so many public and neighborhood parks, libraries, events,... Read More


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    COMPARE COST OF LIVING
    Compare Virginia Beach, Virginia to any other place in the USA.


    MAPS OF VIRGINIA BEACH, VIRGINIA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Virginia_Beach,Virginia Map
    ZIP CODES IN VIRGINIA BEACH, VIRGINIA
    23464, 23462, 23452, 23454, 23456, 23455, 23451, 23453, 23457, 23460, ... 12 more


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