Everything You Need to Know About the City of Virginia Beach Virginia
In 2018, Virginia Beach, Virginia had a population of 450k people with a median age of 36.5 and a median household income of $77,059 dollars. Between 2017 and 2018 the population of Virginia Beach, VA declined from 450,435 to 450,189, a -0.0546 percent decrease, and its median household income grew from $72,586 dollars to $77,059 dollars, a 6.16 percent increase.
The population of Virginia Beach, VA is 61.2 percent White Alone, 18.7 percent Black or African American Alone, and 8.3 percent Hispanic or Latino. N/A% of the people in Virginia Beach, VA speak a non-English language, and 96.3 percent are U.S. citizens.
The largest universities in Virginia Beach, VA are ECPI University (3,849 degrees awarded in 2017), Regent University (1,963 degrees), and Advanced Technology Institute (415 degrees).
The median property value in Virginia Beach, VA is $285,400 dollars, and the homeownership rate is 64.7 percent. Most people in Virginia Beach, VA commute by Drove Alone, and the average commute time is 22.6 minutes. The average car ownership in Virginia Beach, VA is 2 cars per household.
In 2017, universities in Virginia Beach, VA awarded 7,493 degrees. The student of Virginia Beach, VA is skewed towards women, with 10,493 males and 15,134 females.
Most students graduating from Universities in Virginia Beach, VA are White (3,429 and 46 percent), followed by Black or African American (2,524 and 33.8 percent), Hispanic or Latino (618 and 8.28 percent), and Asian (286 and 3.83 percent).
The largest universities in Virginia Beach, VA by the number of degrees awarded are ECPI University (3,849 and 51.4 percent), Regent University (1,963 and 26.2 percent), and Advanced Technology Institute (415 and 5.54 percent).
The most popular majors in Virginia Beach, VA are Medical Assistant (646 and 8.62 percent), Licensed Practical & Vocational Nurse Training (589 and 7.86 percent), and Registered Nursing (518 and 6.91 percent).
The median tuition costs in Virginia Beach, VA are $16,650 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Virginia Beach, VA employs 220k people and Virginia Beach has an unemployment rate of 2.9 percent. Virginia Beach has seen the job market increase by 1.4 percent over the last year. Future job growth over the next ten years is predicted to be 33.2 percent, which is lower than the US average of 33.5 percent. The biggest industries in Virginia Beach, VA are Health Care & Social Assistance (29,460 people), Public Administration (20,910 people), and Retail Trade (25,228 people), and the highest paying industries are Professional, Scientific, & Technical Services ($70,771 dollars), Information ($56,147 dollars), and Manufacturing ($55,233 dollars).
Households in Virginia Beach, VA have a median annual income of $77,059 dollars, which is more than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $72,586 dollars in 2017, which represents a 6.16 percent annual growth.
Tax Rates for Virginia Beach
– The Sales Tax Rate for Virginia Beach is 6.0 percent.
– The Income Tax Rate for Virginia Beach is 5.8 percent.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Virginia Beach
– The average earnings of a Virginia Beach resident are $32,477 dollars a year.
– The Median household earnings of a Virginia Beach resident is $67,001 dollars a year.
