Virginia Beach is a city in Virginia state in USA with a population of 450882 residents.. The poverty rate of Virginia Beach is 7.2%, which is 49% lower than national average. The typical household in Virginia Beach earns $78136 a year, compared to the national median of $67,500. Nearly 28.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Virginia Beach, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Virginia Beach remained 4.4%, which is 6% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Virginia Beach, only 37% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in Virginia Beach is 117, which is 17% higher than national average. Median home value in Virginia Beach is $287400 , which is 25% higher than national average. While median income in Virginia Beach remained $78136, which is 16% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.