Economic Outlook

Civilian Labor Force

In 2017, over 94% of the labor force aged 16 years and older were employed in Virginia Beach, VA. The unemployment rate was under 6% and %8 of the population was living below the poverty line.

Occupations

The most common job groups, by number of people living in Virginia Beach, VA, are Management, Business, Science, & Arts occupations. This chart illustrates the share breakdown of the primary jobs held by residents of Virginia Beach, VA.

Type of Workers

For fiscal year 2017 the largest class of workers in Virginia Beach, VA were paid in salary and private wages, followed by government and self-employment.

Industries

The most common employment sectors for those who live in Virginia Beach, VA, are Educational Services, Healthcare & Social Assistance. This chart shows the share breakdown of the primary industries for residents of Virginia Beach, VA.

Income and Benefits

Households in Virginia Beach, VA have a median annual income of $71k and a Per Capita Income of $35k. The majority of the populations makes between $50k – $75k.

Income and Benefits

The highest amount of benefits earned in the City of Virginia Beach, VA came from social security income. The average amount was $19,000.

Housing

In Virginia Beach, VA the largest share of households have a property value in the $200k-$300k range. In 2017, the median property value was $267k.