Population: Wikipedia (List of United States cities by population); median home price: Redfin/Zillow market data; state income tax: Tax Foundation, 2026.
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Virginia Beach's population of 453,737 places it among the a smaller, close-knit population base in Virginia, a detail that directly affects local bank competition and housing supply. Top earners in Virginia Beach pay 5.8% in state income tax — not the highest in the country, but high enough to justify a second look at pre-tax retirement contributions.
Housing in Virginia Beach — roughly $415,000 at the median — lands near the national average, which makes it a reasonably representative market for mortgage comparisons. Every guide below is built around Virginia Beach's actual numbers, not a generic national template.