Virginia Beach, VA — Demographics & Statistics
ZIP code 23462 serves a portion of Virginia Beach, Virginia, within Virginia Beach City. This community is home to approximately 19,187 residents, with a median age of 28.4 years. The median household income of $83,305 sits above the national median of $67,521, while median home values of $524,821 are above the national average of $301,500. The area has a renter-majority housing profile, with 37% owner-occupied and 63% renter-occupied units. Cost of living in this part of Virginia Beach is higher than the national baseline, with an index of 125 (100 = national average). With a college-education rate of 56% and an unemployment rate of 4.6%, 23462 reflects the economic character of Virginia Beach City in Virginia.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 19,187 | — |
| Population | Density (per sq mi) | 11,763 | — |
| Economics | Median Household Income | $83,305 | ↑ 23% vs nat'l avg |
| Economics | Median Home Value | $524,821 | ↑ 74% vs nat'l avg |
| Economics | Cost of Living Index | 125 | ↑ Higher than avg |
| Economics | Unemployment Rate | 4.6% | ↑ 18% vs nat'l avg |
| Economics | Below Poverty Line | 25.5% | ↑ 124% vs nat'l avg |
| Education | College Educated (25+) | 56% | ↑ 60% vs nat'l avg |
| Demographics | Median Age | 28.4 yrs | ↓ 26% vs nat'l avg |
| Housing | Owner-Occupied | 37% | — |
| Housing | Renter-Occupied | 63% | — |
| Housing | Total Housing Units | 9,593 | — |