Virginia Beach: Economy & Jobs
Households in Virginia Beach earn a median $92,968 (about the same as Virginia Beach city median $92,968; about the same as Virginia median $93,170), with homes at a median value of $382,500. The surrounding county supports 179,013 jobs (avg $57,981).
- $92,983 avg taxable income per return — similar than the median household income (at Virginia median).
Income & Affordability
Median household income $92,968 — near the Virginia median ($92,968). Poverty rate 8.6% (U.S. average ~12.5%). 44% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 4.1× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 21.3% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 44.3% |
| Affordability · Poverty Rate | 8.6% |
| Affordability · Property Tax Pct Income | 3.3% |
| Irs Income · IRS tax returns filed | $221,290 |
| Irs Income · Total Adjusted Gross Income (thousands) | $20,576,156 |
| Irs Income · Average AGI per return | $92,983 (at Virginia median) |
| Irs Income · Year | 2022 |
| Income Estimate | $103,337 |
| Median Household Income | $92,968 (at Virginia median) |
| Poverty Rate | 8.6% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | white_collar |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | upper-middle |
| Economic Character · Median Income | $92,968 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.5% — below the U.S. average of ~4%. 14% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 23.40 |
|---|---|
| Commuter Profile · Work From Home Pct | 14.3% |
| Commuter Profile · Profile | short commute |
| Employment · Avg annual employment (county) | 179,013 |
| Employment · Total annual wages (county) | $10,379,324,527 |
| Employment · Average annual pay | $57,981 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 3,981,130 |
| Unemployment Rate | 2.5% (vs Virginia 2.9%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 36 |
|---|---|
| Agriculture · Land In Farms Acres | 23,140 |
| Agriculture · Avg Farm Size Acres | 642.80 |
| Agriculture · Top Commodities | Crop Totals, Grain, Soybeans, Corn, Horticulture Totals |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 11,777 |
| Business Patterns · Total Employees | 162,980 |
| Business Patterns · Annual Payroll Thousands | 8,156,867 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 77 |
|---|---|
| Local Businesses · Convenience Stores | 79 |
| Local Businesses · Liquor Stores | 24 |
| Local Businesses · Gas Stations | 90 |
| Local Businesses · Department Stores | 5 |
| Local Businesses · General Merchandise | 47 |
| Local Businesses · Clothing Stores | 43 |
| Local Businesses · Pet Stores | 19 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 548 |
|---|---|
| Dining Scene · Fast Food | 456 |
| Dining Scene · Bars | 19 |
| Dining Scene · Coffee Snacks | 107 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (20)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (5)
| Nearest Snap · Name | 7-Eleven Store 37047A |
|---|---|
| Nearest Snap · Total In Area | 280 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | UNITED STATES JUNIOR CHAMBER OF COMMERCE |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $10,272,195,843 |
|---|---|
| Federal Spending · Per Capita | 22,356.62 (vs Virginia $14,580) |
| Federal Spending · Population | 459,470 people (vs Virginia 42,214) |
Sources: USAspending API
Other
| Job Training · Total count | 1 |
|---|---|
| Pct Drove Alone | 74.0% |
| Pct Public Transit | 1.6% |
| Pct Walked | 14.3% |
| Retirement Score · Median age | 37.9 years (at Virginia median) |
| Retirement Score · Ss Household Pct | 27.3% |
| Retirement Score · Hospitals Nearby | 3 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | hospital access, VA nearby |
| Retirement Score · Rating | fair |
Sources: IRS BMF keyword search · Census ACS 5-Year 2023 · Refreshed 2026-04-12