Is Virginia Beach Growing?

Virginia Beach has a 2020 population of 463,766. Virginia Beach is currently growing at a rate of 0.47% annually and its population has increased by 0.93% since the most recent census, which recorded a population of 459,470 in 2010.

Is Virginia Beach a good place to buy a home?

The housing market is strong in Virginia beach so houses are in demand, making buying a home here an incredible investment.

Is Virginia Beach a good place to live 2021?

Virginia Beach, VA Ranked #43 Best Place to Live in 2021 | Livability.

What is the economy like in Virginia Beach?

​The City offers a variety of opportunities for shoppers and retailers, including urban high-density developments, two regional malls, destination retail at the Oceanfront Resort Area, and traditional power and neighborhood retail centers. ​​​Locals contribute to more than $6.4 billion in retail sales each year.

What is the population of Virginia Beach 2022?

The current metro area population of Virginia Beach in 2022 is 1,482,000, a 0.2% increase from 2021. The metro area population of Virginia Beach in 2021 was 1,479,000, a 0.14% increase from 2020. The metro area population of Virginia Beach in 2020 was 1,477,000, a 0% increase from 2019.

Is Virginia Beach all black?

The proportion of black residents in Virginia Beach also increased from 14 percent in 1990 to 19 percent in 2000, the most recent U.S. census, or from 54,671 to 80,593. Even with that increase, it is still the whitest city in South Hampton Roads.

Is Virginia Beach a good place to invest?

Virginia Beach is considered an attractive place for renters, mainly because of its affordability and high quality of life. Considering the high demand for rental housing, this market has great potential for real estate investors.

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Why is Virginia Beach so popular?

Also known for its flourishing local dining scene, arts and entertainment, maritime history, and family-friendly attractions, Virginia Beach features its own unique districts that offer experiences for everyone to enjoy. It’s no surprise the Oceanfront and 3-mile boardwalk is the center of the action in Virginia Beach.

Is Virginia Beach a buyers market?

Virginia Beach, VA is a buyer’s market in July 2022, which means that the supply of homes is greater than the demand for homes.

How much money do you need to live comfortably in Virginia Beach?

Typical Expenses

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 2 Children
Required annual income after taxes $31,194 $82,225
Annual taxes $7,653 $20,172
Required annual income before taxes $38,847 $102,397

Who is the largest employer in Virginia Beach?

Gold Key | PHR
Gold Key | PHR is the Virginia Beach Oceanfront’s largest employer with over 2,200 associates in peak season.

What is the job market like in Virginia Beach?

Job Market

Virginia Beach, VA Richmond, VA
Current Unemployment 4.8% 7.1%
Future Job Growth 33.2% 37.1%
Recent Job Growth -5.8% -5.6%
3 Yr. Job Growth -3.8% -2.7%

Is Virginia Beach urban or suburban?

The population was 459,470 as of the 2020 census. Although mostly suburban in character, it is the most populous city in Virginia, fifth-most populous city in the Mid-Atlantic, ninth-most populous city in the Southeast and the 43rd-most populous city in the nation.

What percentage of Virginia Beach is black?

The 5 largest ethnic groups in Virginia Beach, VA are White (Non-Hispanic) (60.8%), Black or African American (Non-Hispanic) (18.4%), Asian (Non-Hispanic) (6.95%), White (Hispanic) (4.84%), and Two+ (Non-Hispanic) (4.74%).

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How popular is Virginia Beach?

Virginia Beach was named the 10th most popular US summer destination behind some tough competitors like Las Vegas, New York City, and Maui, Hawaii.

Is Virginia Beach Safe?

Based on their study, they found Virginia Beach to rank number one as the nation’s safest large city. They used the FBI’s most recent data, released in September 2020, which includes crimes committed during 2019.

Where do African Americans live in Virginia?

African Americans in Virginia are leaving the inner cities of Richmond and Norfolk and heading for the suburbs. Places like Henrico and Northern Virginia are seeing steadily rising numbers of African American residents.

Is Virginia Beach a good place to live for black families?

Virginia Beach, Virginia
Another great city for black families in Virginia Beach, Virginia. Virginia Beach is a diverse and welcoming community, and its public schools are highly rated. The city also offers a variety of affordable housing options, and its proximity to the beach makes it a great place to raise a family.

Where are the most blacks in Virginia?

The City of Petersburg had the largest concentration of black Virginians, 79 percent; and, Page 4 Page | 4 Demographics & Workforce Group Weldon Cooper Center, University of Virginia www.coopercenter.org/demographics though black Virginians constituted one-fifth of the population in the state overall, they made up less

What is the nicest area of Virginia Beach?

  • Lagomar is one of the best neighborhoods in Virginia Beach.
  • Little Neck is home to some of the best neighborhoods in Virginia Beach.
  • Sandbridge Beach is Virginia’s version of the Outer Banks.
  • Sylvan Lake.
  • The North End.
  • Thoroughgood.
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Is it expensive to live in Virginia Beach?

Not to mention, it’s an affordable place to live on the East Coast—the median home price in Virginia Beach is $262,200, and the median monthly rent is $1,258. Virginia Beach is more than just a popular coastal travel destination; it’s also a safe, economically stable, and family-friendly city!