Income & Economy in Virginia Beach city, VA (23457)
Median Income
$109,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+278
Wealth inflow
Population
4,927
Unemployment
2.7%
1.0pp below US avg
IRS migration statistics show a net inflow of about 278 for ZIP 23457 (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 23457 (2020–Present)
Since 2020, population grew 4.9%, median income rose 6.2% (inflation-adjusted), home values increased 18.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $109,750 |
| Unemployment | 2.7% |
| Establishments | 118 |
| Employees | 741 |