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According to statistics, the population in Virginia Beach, VA amounts to 450,189, which shows decline 0% compared to the previous year. The median age of the city’s residents is 37. The average household income is $77,059, shifting growth 6% from the past year, and the average property value in Virginia Beach, VA growth 1% to $285,400 throughout the year.
|Number Of Employees||219,659|
|Median Property Value||$285,400|
The average household income in Virginia Beach, VA grew from $72,586 to $77,059 in the past year. This data is an estimate based upon 172,183 households in Virginia Beach, VA . The chart below presents how household income is distributed in Virginia Beach, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Virginia Beach, VA shifted from $282,300 to $285,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Virginia Beach, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Virginia Beach, VA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Virginia Beach, VA compared to median property taxes around the country. The prevalent amount of property taxes in Virginia Beach, VA equals $3000, which is less than the national average.