Portsmouth (zip 23704), Virginia 

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Population

18,208

22% Decline

Unemployment Rate

6.0%

Median Income

$34,276

Avg. Home Price

$117,500

Best Places to Live in Portsmouth (zip 23704), Virginia

Large-city complex - Southeast Virginia coast
Pros
-Nearby water recreation
-Educated population
-Stable economy
Cons
-Growth and sprawl
-Rising costs
-Air service

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

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.


QUICK FACTS

City: Portsmouth
Zip Codes: Portsmouth (zip 23704)
Time zone: Eastern Standard Time (EST)
Elevation: 30 ft above sea level

Highlights

ECONOMY
The unemployment rate in Portsmouth (zip 23704) is 6.0% (U.S. avg. is 5.2%). Recent job growth is Negative. Portsmouth (zip 23704) jobs have decreased by 0.22%. Learn More...
COST OF LIVING
Compared to the rest of the country, Portsmouth (zip 23704)'s cost of living is 11.80% lower than the U.S. average. Learn More... or Compare Portsmouth (zip 23704)'s Cost of Living
POPULATION
Portsmouth (zip 23704)'s population is 18,208 people. Since 2000, it has had a population growth of -21.83%. Learn More...
TRANSPORTATION
Average Commute time is 23 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Portsmouth (zip 23704) is $117,500. Home appreciation the last 10 years has been 1.19%. Check out the homes in the area.
SCHOOLS
Portsmouth (zip 23704) 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 (zip 23704). Learn More...

Best Places to Live in Portsmouth Rankings


Housing Market in Portsmouth

It's a good time to buy in Portsmouth. Home Appreciation is up 1.2% in the last 12 months. Browse Portsmouth Real Estate.

The median home price in Portsmouth is $117,500. Browse Homes in this Range.


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MORTGAGE RATES IN PORTSMOUTH
30 Yr Fixed
15 Yr Fixed
7 Yr ARM
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MAPS OF PORTSMOUTH (ZIP 23704), VIRGINIA
Portsmouth,Virginia(23704) Zip Code Map
ZIP CODES IN PORTSMOUTH (ZIP 23704), VIRGINIA
Portsmouth (zip 23704)
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