Virginia Beach has a population of 457,900 with a median age of 37.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 457,900 |
| Median Age | 37.1 |
| White | 62.8% |
| Black or African American | 18.9% |
| Asian | 7.1% |
| Hispanic or Latino | 8.8% |
| Other / Two or More Races | 2.4% |
The median household income in Virginia Beach is $87,544, which is 16.5% above the national median of $75,149. The per capita income is $45,320. The poverty rate is 8.0%.
The unemployment rate in Virginia Beach is 4.3%, compared to the national rate of 5.4%.
In Virginia Beach, 94.5% of residents age 25+ have a high school diploma or higher, and 39.8% hold a bachelor's degree or higher (15.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.5% |
| Bachelor's Degree or Higher | 39.8% |
| Graduate or Professional Degree | 15.1% |
The median home value in Virginia Beach is $343,700, above the national median of $281,900. The median monthly rent is $1,568. The homeownership rate is 64.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $343,700 |
| Median Monthly Rent | $1,568 |
| Homeownership Rate | 64.6% |
| Vacancy Rate | 5.8% |
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