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Portsmouth, Virginia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
97,190
Population
$60,491
Median Income
$246,900
Home Value
35.9
Median Age

Demographics

Portsmouth has a population of 97,190 with a median age of 35.9. Here is the racial and ethnic breakdown of the population:

Black
50.6%
White
36.2%
Other
6.1%
Hispanic
5.4%
Asian
1.7%
Demographic Value
Total Population97,190
Median Age35.9
White36.2%
Black or African American50.6%
Asian1.7%
Hispanic or Latino5.4%
Other / Two or More Races6.1%
Portsmouth, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.Black: 50.6%White: 36.2%Other: 6.1%Hispanic/Latino: 5.4%Other: 1.7%97,190PopulationBlackBlack50.6%WhiteWhite36.2%OtherOther6.1%Hispanic/LatinoHispanic/Latino5.4%OtherOther1.7%

Income & Economy

The median household income in Portsmouth is $60,491, which is 25.0% below the national median of $80,610. The per capita income is $33,568. The poverty rate is 17.3%.

$60,491
Median Household Income
$33,568
Per Capita Income
17.3%
Poverty Rate

Employment

The unemployment rate in Portsmouth is 3.8%, compared to the national rate of 4.1%.

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Education

In Portsmouth, 89.0% of residents age 25+ have a high school diploma or higher, and 24.3% hold a bachelor's degree or higher (8.9% with a graduate or professional degree).

HS Diploma+
89.0%
Bachelor's+
24.3%
Graduate+
8.9%
Education Level % of Adults (25+)
High School Diploma or Higher89.0%
Bachelor's Degree or Higher24.3%
Graduate or Professional Degree8.9%

Housing

The median home value in Portsmouth is $246,900, below the national median of $303,400. The median monthly rent is $1,300. The homeownership rate is 57.9%.

$246,900
Median Home Value
$1,300/mo
Median Rent
57.9%
Homeownership Rate
Housing Metric Value
Median Home Value$246,900
Median Monthly Rent$1,300
Homeownership Rate57.9%
Vacancy Rate7.0%

Salaries in Virginia

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Frequently Asked Questions

What is the population of Portsmouth, Virginia?
The population of Portsmouth, Virginia is 97,190 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Portsmouth, Virginia?
The median household income in Portsmouth, Virginia is $60,491. This is 25.0% below the national median of $80,610.
What is the median home value in Portsmouth, Virginia?
The median home value in Portsmouth, Virginia is $246,900. The median monthly rent is $1,300.
What percentage of people in Portsmouth have a college degree?
In Portsmouth, Virginia, 24.3% of adults age 25 and older hold a bachelor's degree or higher, and 89.0% have a high school diploma or higher.
Is Portsmouth, Virginia an affordable place to live?
The home price-to-income ratio in Portsmouth, Virginia is 4.1x (median home value $246,900 vs. median income $60,491), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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