Virginia Beach, Virginia 

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Economy in Virginia Beach, Virginia

Virginia Beach has an unemployment rate of 2.9%. The US average is 3.9%.

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
  2.9%3.9%
  1.4%1.6%
  33.2%33.5%
  6.0%7.3%
  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: 5.2%)
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    Reviews for Virginia Beach    93 Reviews
    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

    Start Your Review of Virginia Beach


    A Great Place to Raise a Family - 8/20/2014
    I was born & raised in southern California but I've lived here in Virginia Beach since 1976. The weather is not as nice as California but really nothing to complain... Read More

    Virginia Beach has it all - 1/24/2014
    Amazing reading these other posts! Came to website verifying a statistic I had read about the cost of living in Hampton Roads area. Got sucked into reading the posts... 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

    NEW LISTINGS IN VIRGINIA BEACH VA
    $296,990
    704 Hezekiah Little Dr # G0Y8M
    Bed 3 | Bath 3.0 |

    $304,990
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    Bed 3 | Bath 3.0 |

    $234,900
    401 Aragona Blvd
    Bed 4 | Bath 2.0 |

    $275,000
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    Bed 4 | Bath 3.0 |

    $224,000
    130 Hill Prince Rd
    Bed 3 | Bath 2.0 |

    $295,000
    2008 Mozart Cir
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