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Virginia Beach Housing, Costs

Monthly Virginia Beach housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

91,742

100.0%

 

 

 

With a mortgage

78,972

86.1%

Less than $200 monthly

37

0.0%

$200 - $299 monthly

92

0.1%

$300 - $399 monthly

367

0.5%

$400 - $499 monthly

858

1.1%

$500 - $599 monthly

2,089

2.6%

$600 - $699 monthly

3,184

4.0%

$700 - $799 monthly

5,861

7.4%

$800 - $899 monthly

7,552

9.6%

$900 - $999 monthly

7,805

9.9%

$1,000 - $1,499 monthly

31,462

39.8%

$1,500 - $1,999 monthly

12,278

15.5%

$2,000 - $2,499 monthly

4,010

5.1%

$2,500 - $2,999 monthly

1,668

2.1%

$3,000 or more monthly

1,709

2.2%

Median in dollars

1,156

 

 

 

 

Without a mortgage

12,770

13.9%

Less than $100 monthly

19

0.1%

$100 - $149 monthly

131

1.0%

$150 - $199 monthly

392

3.1%

$200 - $249 monthly

1,138

8.9%

$250 - $299 monthly

1,767

13.8%

$300 - $399 monthly

4,240

33.2%

$400 - $499 monthly

2,598

20.3%

$500 - $699 monthly

1,680

13.2%

$700 or more monthly

805

6.3%

Median in dollars

365

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

78,972

86.1%

Less than 20%

27,314

34.6%

20 - 24%

15,614

19.8%

25 - 29%

11,643

14.7%

30 - 34%

7,816

9.9%

35% or more

16,320

20.7%

Not computed

265

0.3%

Median

23.9%

 

 

 

 

Without a mortgage

12,770

13.9%

Less than 20%

10,399

81.4%

20 - 24%

850

6.7%

25 - 29%

411

3.2%

30 - 34%

281

2.2%

35% or more

686

5.4%

Not computed

143

1.1%

Median

10.1%

 





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