Zip 23451 (Virginia Beach, VA) Economy


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23451 Virginia Beach, VA is an attractive coastal destination for vacationers and locals alike. With its beautiful beaches and ample shopping opportunities, this town has something for everyone. When it comes to housing, 2 bedroom rent in 23451 Virginia beach is more expensive than the US average at $1,550 compared to $1,430. Grocery costs are also above the national average index of 100 with a 104 index in Virginia Beach.
For those looking for culinary delights in the area, there are many local restaurants to choose from such as Catch 31 Seafood & Bar which serves up fresh seafood dishes and Surf Rider Pizza Company which offers delicious pizzas made with fresh ingredients. Other popular eateries include Big Sam's Grill & Bar and Bayside Bar & Grill which serve American cuisine along with excellent views of the water.
Overall, 23451 Virginia Beach VA offers an attractive quality of life that comes with a slightly higher cost of living when compared to other parts of the country.

Virginia Beach (zip 23451) has an unemployment rate of 4.8%. The US average is 6.0%.

Virginia Beach (zip 23451) has seen the job market decrease by -5.8% 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 (zip 23451)
- The Sales Tax Rate for Virginia Beach (zip 23451) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Virginia Beach (zip 23451) 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 (zip 23451)
- The average income of a Virginia Beach (zip 23451) resident is $61,930 a year. The US average is $37,638 a year.
- The Median household income of a Virginia Beach (zip 23451) resident is $86,334 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVirginia Beach, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Virginia Beach
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I have lived all over the US - Kansas, Oklahoma, Texas, Florida... and now I've been in Virginia Beach for 3 years. I can honestly say that Virginia Beach is the place  More

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