Virginia Beach, VA
VIRGINIA BEACH, VIRGINIA: Demographic and Financial Snapshot
(Last updated on 1.11.21)
AGE IN VIRGINIA BEACH, VIRGINIA
| Age Range | Population | Percent |
| 20 to 24 years | 33,474 | 7.4% |
| 25 to 29 years | 38,967 | 8.7% |
| 30 to 34 years | 35,905 | 8.0% |
| 35 to 39 years | 30,351 | 6.7% |
| 40 to 44 years | 27,852 | 6.2% |
| 45 to 49 years | 28,379 | 6.3% |
| 50 to 54 years | 30,328 | 6.7% |
| 55 to 59 years | 29,131 | 6.5% |
| 60 to 64 years | 24,909 | 5.5% |
| 65 to 69 years | 21,018 | 4.7% |
| 70 to 74 years | 14,206 | 3.2% |
| 75 to 79 years | 9,953 | 2.2% |
| 80 to 84 years | 7,327 | 1.6% |
| 85+ years | 7,030 | 1.6% |
The median age in Virginia Beach is 35.9 years
Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age
ETHNICITY IN VIRGINIA BEACH, VIRGINIA
| Ethnicity | Population | Percent |
| White | 300,103 | 66.7% |
| Black or African American | 85,730 | 19.0% |
| American Indian and Alaska Native | 1,164 | 0.3% |
| Asian | 29,923 | 6.6% |
| Native Hawaiian and Other Pacific Islander | 295 | 0.1% |
| Other | 8,935 | 2.0% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race
EDUCATION IN VIRGINIA BEACH, VIRGINIA
| Education Level | Population | Percent |
| Less than 9th grade | 6,343 | 2.1% |
| 9th to 12th grade, no diploma | 14,517 | 4.8% |
| High school graduate (includes GED) | 65,338 | 21.4% |
| Some college, no degree | 79,719 | 26.1% |
| Associate’s degree | 32,005 | 10.5% |
| Bachelor’s degree | 68,906 | 22.6% |
| Graduate or professional degree | 38,528 | 12.6% |
| High school graduate or higher | 284,496 | 93.2% |
| Bachelor’s degree or higher | 107,434 | 35.2% |
| Less than Bachelor’s degree | 197,922 | 64.8% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)
HOUSEHOLD INCOME IN VIRGINIA BEACH, VIRGINIA
| Annual Household Income | Percent |
| Less than $10,000 | 3.4% |
| $10,000 to $14,999 | 2.3% |
| $15,000 to $24,999 | 5.9% |
| $25,000 to $34,999 | 7.2% |
| $35,000 to $49,999 | 12.3% |
| $50,000 to $74,999 | 19.5% |
| $75,000 to $99,999 | 15.7% |
| $100,000 to $149,999 | 19.5% |
| $150,000 to $199,999 | 7.7% |
| $200,000 or more | 6.5% |
Median household income: $74,186
Mean household income: $93,675
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income
HOUSEHOLD INCOME BY EDUCATION IN VIRGINIA BEACH, VIRGINIA
| Education Level | Average Income |
| Less than high school graduate | $25,950 |
| High school graduate (includes GED) | $33,477 |
| Some college or Associate’s degree | $38,541 |
| Bachelor’s degree | $52,656 |
| Graduate or professional degree | $69,505 |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)
MARITAL STATUS IN VIRGINIA BEACH, VIRGINIA
| Population | Percent | |
| Population 15+ years | 366,353 | NA |
| Never married | 116,003 | 31.7% |
| Now married (except separated) | 181,433 | 49.5% |
| Separated | 8,073 | 2.2% |
| Widowed | 20,112 | 5.5% |
| Divorced | 40,732 | 11.1% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over
POVERTY STATUS IN VIRGINIA BEACH, VIRGINIA
| Population | Percent | |
| Living beneath poverty line | 32,183 | 7.3% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate
HOUSING IN VIRGINIA BEACH, VIRGINIA
| Owner-occupied housing units | 108,486 |
| Renter-occupied housing units | 60,804 |
| Single-family detached units | 100,795 |
| Homeownership rate | 64.1% |
| Vacancy rate | 7.9% |
| Renters rate | 35.9% |
| Average housing value | $327,967 |
| Average monthly owner cost (with mortgage) | $1,508 |
| Average rent | $1,209 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics
SOCIOECONOMIC CHARACTERISTICS IN VIRGINIA BEACH, VIRGINIA
| Average income | $93,675 |
| Average household size | 2.60 |
| Percent population 16 years and over in labor force | 70.5% |
| Percent disabled | 10.9% |
| Percent with health coverage | 91.8% |
| Average travel time to work (in minutes) | 23.7 |
| Percent workers using public transportation | 0.9% |
| Percent veterans | 17.5% |
| Percent foreign born | 9.3% |
| Percent speaking Spanish at home | 1.4% |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics
CONSUMER SPENDING IN VIRGINIA BEACH, VIRGINIA
| Total consumer expenditures per household | $83,346.59 |
| Alcoholic beverages | $662.95 |
| Alcoholic beverages consumed at home | $391.75 |
| Beer consumed away from home | $113.37 |
| Wine consumed away from home | $61.51 |
| Apparel & services | $2,414.96 |
| Men’s apparel | $463.33 |
| Women’s apparel | $812.34 |
| Children’s apparel | $367.73 |
| Boys’ apparel | $126.02 |
| Girls’ apparel | $137.63 |
| Footwear | $539.02 |
| Dining out (food away from home) | $4,151.56 |
| Dining out – Breakfast | $420.10 |
| Dining out – Lunch | $1,288.32 |
| Dining out – Dinner | $1,938.62 |
| Education | $1,793.85 |
| Entertainment / recreation | $3,607.06 |
| Club membership fees | $273.38 |
| Dating services | $0.87 |
| Pet food | $277.98 |
| Pet services | $75.97 |
| Food consumed at home | $5,722.61 |
| Bakery products consumed at home | $750.89 |
| Dairy products consumed at home | $587.15 |
| Fruits and vegetables consumed at home | $1,132.98 |
| Meat, poultry, fish, eggs consumed at home | $1,261.43 |
| Nonalcoholic beverages consumed at home | $551.75 |
| Snacks / other food products consumed at home | $1,990.15 |
| Health care | $6,454.14 |
| Medical services | $1,213.28 |
| Nonprescription drugs | $158.26 |
| Household Services | $2,309.96 |
| Care for the elderly and handicapped | $78.29 |
| Lawn and garden services | $500.70 |
| Housekeeping services | $208.07 |
| PC repair | $7.52 |
| Housing | $26,191.95 |
| Home improvements | $2,959.82 |
| Utilities, fuel, and public services | $5,300.07 |
| Phone services | $1,938.88 |
| Water | $800.46 |
| Life and other insurance | $493.01 |
| Pensions and social security | $9,204.23 |
| Personal care products and services | $1,012.26 |
| Hair care products | $120.77 |
| Personal care products | $445.90 |
| Local transportation | $9,389.44 |
| Gasoline | $2,440.85 |
| Vehicle maintenance and repair | $1,300.35 |
| Travel | $2,528.88 |
| Airline fares | $626.08 |
| Auto / truck rental on trips | $30.17 |
| Lodging on trips | $691.84 |
| Food and drink on trips | $608.93 |
| Entertainment on trips | $213.49 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Consumer Spending (Consumer expenditures per household)
DEBT IN VIRGINIA BEACH, VIRGINIA
| % with any debt in collections | 33% |
| Average debt in collections | $1,913 |
| % with medical debt in collections | 21% |
| Average medical debt in collections | $650 |
| % with student loan debt | 20% |
| Average student loan debt | $20,760 |
| Average monthly student loan payment | $177 |
| % with auto debt | 35% |
Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point: Consumer Debt
UNEMPLOYMENT IN VIRGINIA BEACH, VIRGINIA
| Year | Population | Percent |
| January 2019 | 7,575 | 3.3% |
| February 2019 | 7,030 | 3.0% |
| March 2019 | 6,753 | 2.9% |
| April 2019 | 5,553 | 2.4% |
| May 2019 | 6,089 | 2.6% |
| June 2019 | 6,585 | 2.8% |
| July 2019 | 6,653 | 2.8% |
| August 2019 | 6,739 | 2.9% |
| September 2019 | 5,952 | 2.5% |
| October 2019 | 5,853 | 2.5% |
| November 2019 | 5,669 | 2.4% |
| December 2019 | 5,521 | 2.4% |
| January 2020 | 6,802 | 2.9% |
| February 2020 | 6,145 | 2.6% |
| March 2020 | 7,422 | 3.1% |
| April 2020 | 28,210 | 12.2% |
| May 2020 | 21,782 | 9.4% |
| June 2020 | 18,949 | 8.2% |
| July 2020 | 18,168 | 7.7% |
| August 2020 | 13,927 | 6.0% |
| September 2020 | 13,401 | 5.9% |
| October 2020 | 10,512 | 4.6% |
Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program: Local Area Employment Statistics
Data Point: Unemployment totals (not seasonally adjusted)
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