Virginia Beach, VA Profile: Facts & Data

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Virginia Beach, Virginia - Basic Facts

The City of Virginia Beach is the largest city in Virginia with a population of 459,540 as of July 1, 2024. Virginia Beach ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Virginia. See peer rankings below.

The primary coordinate point for Virginia Beach is located at latitude 36.8529 and longitude -75.978 in Virginia Beach (city) County. The formal boundaries for the City of Virginia Beach encompass a land area of 249.71 sq. miles and a water area of 247.63 sq. miles. Virginia Beach (city) County is in the Eastern time zone (GMT -5).

The City of Virginia Beach has a C7 Census Class Code which indicates an incorporated place that is independent of any county. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Virginia Beach 2024 Demographic Data
  2. Growth Rates for Virginia Beach (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Virginia Research Tools (Easy Tools & Current Data)
  3. Virginia Data Comparison Tool - 2024 Demographics
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Virginia Beach, VA Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 459,540 (100%)
Population in Households 452,453 (98.5%)
Population in Families 363,074 (79.0%)
Population in Group Quarters1 7,087 ( 1.5%)
Population Density 1,878
Diversity Index2 66
 
 

INCOME

Median Household Income $86,910
Average Household Income $118,865
% of Income for Mortgage4 31%
Per Capita Income $46,840
Wealth Index5 107
Socioeconomic Status Index6 Moderate (55.1)
 

HOUSING

Total HU (Housing Units) 192,396 (100%)
Owner Occupied HU 116,240 (60.4%)
Renter Occupied HU 64,366 (33.5%)
Vacant Housing Units 11,790 ( 6.1%)
Median Home Value $433,757
Average Home Value $512,477
Housing Affordability Index3 79
 

HOUSEHOLDS

Total Households 180,606
Average Household Size 2.51
Family Households 118,301
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 0.00% -0.17%
Households 0.30% 0.20%
Families   0.07%
Median Household Income   2.99%
Per Capita Income   3.15%
Owner Occupied HU   0.75%

Virginia Beach, VA - Peer Comparisons by Rank and Percentile

The table below compares Virginia Beach to the other 688 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1 100th
Population Density # 162 77th
Median Household Income # 224 68th
Housing Affordability Index # 225 33rd
Per Capita Income # 202 71st
Diversity Index # 162 77th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.

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