Zip 23452 (Virginia Beach, VA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
23452 Virginia Beach, VA is located in the Hampton Roads region of the state and offers a variety of amenities for residents. The average 2 bedroom rent in 23452 Virginia Beach, VA is $1,500 which is slightly higher than the US average rent of $1,430. Additionally the grocery cost index in 23452 Virginia Beach, VA is 99 versus 100 in the US.
Residents of 23452 Virginia Beach, VA have access to a variety of local companies such as Tidewater Healthcare Group and Optima Health Solutions Inc. These companies offer many services to 23452 Virginia Beach residents including healthcare coverage and health-related services. Residents may also find local businesses such as Pembroke Fashion Mall and Smithfield Shopping Center convenient for shopping needs.
Overall, the cost of living in 23452 Virginia Beach, VA is slightly higher than other areas due to its closeness to major metropolitan hubs like Norfolk and Chesapeake. However residents benefit from easy access to premier entertainment venues and attractions such as Naval Station Norfolk and Ocean Breeze Waterpark. With a little research into area prices and rental costs, individuals can find affordable homes in Virginia Beach that fit their budget while still enjoying all that this beautiful community has to offer.

Virginia Beach (zip 23452) has an unemployment rate of 4.8%. The US average is 6.0%.

Virginia Beach (zip 23452) 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 (zip 23452)
- The Sales Tax Rate for Virginia Beach (zip 23452) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Virginia Beach (zip 23452) 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 23452)
- The average income of a Virginia Beach (zip 23452) resident is $31,172 a year. The US average is $28,555 a year.
- The Median household income of a Virginia Beach (zip 23452) resident is $71,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVirginia Beach, VirginiaUnited States
  4.86
  -5.8%-6.2%
  33.2%33.5%
  6.0%6.2%
  5.8%4.6%
  $40,818$37,638
  $71,917$69,021
  $86,043$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  7.2%6.8%
  6.3%10.0%
  2.1%2.5%
  12.7%11.0%
  3.8%4.8%
  0.3%0.8%
  1.6%1.9%
  4.9%4.7%
  2.7%1.9%
  8.6%7.6%
  0.3%0.1%
  4.1%4.2%
  9.1%9.3%
  14.0%14.0%
  1.5%2.1%
  9.2%7.0%
  4.4%4.8%
  6.8%4.7%
Health