Income & Economy in Virginia Beach city, VA (23462)
Median Income
$69,680
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3,784
Wealth inflow
Population
67,066
Unemployment
4.5%
0.8pp above US avg
IRS migration statistics show a net inflow of about 3,784 for ZIP 23462 (Virginia Beach city, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 23462 (2020–Present)
Since 2020, population declined 1.3%, median income fell 8.1% (inflation-adjusted), home values increased 3.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $69,680 |
| Unemployment | 4.5% |
| Establishments | 2,006 |
| Employees | 33,985 |