Is Virginia Beach VA A Good Place To Live?
If you’re reading this, the chances are you’re interested in moving to Virginia Beach, VA, this drop-dead gorgeous resort megacity (the largest city in Virginia.) Let’s shed some light on what you should expect from living in this fabulous beach town!
The housing market in Virginia Beach is tempting.
Real estate-wise, this is prime time to invest in the real estate market in Virginia Beach. Though the median home selling price has increased by about eight percent since 2021, properties remained reasonably priced. On average, you can buy real estate for $350,000 in Virginia Beach’s metropolitan area.
The price is impressive since we’re talking about the state’s most populous city (reaching half a million soon) and an up-and-coming strategic region.
Suppose you’re fascinated with the idea of moving to Virginia Beach. Then it would be best to get in touch with the best local real estate agents in Virginia Beach VA! Besides hooking you up with a low-cost property, they can advise you to invest in local vacation homes that will be a good source for a second income.
Every day is a holiday in Virginia Beach!
What does being on holiday every single day sound like? Essentially, living in Virginia Beach enables you to experience an unconventional vacation idea pushed to its extreme.
The coastal city features all the must-have ingredients, such as the longest pleasure beach strips and the famous Boardwalk with the astonishing Neptune Statue. In addition, you can visit family-friendly venues, for instance, the world-renowned Virginia Aquarium, and explore the region’s unique underwater wildlife.
Colorful local vibes in Virginia Beach
Locals ranked Virginia Beach high on the livability score, grading it with 79 points out of 100, which is genuinely excellent. Residents nurture a strong sense of community, reaching out to those in need. Streets, yards, and sidewalks are well-kept, and crime rates are unbelievably low. No wonder our charming city figures on the list of the safest cities in the United States.
You’ll find educated folks creating plenty of popular seasonal events and festivals, such as Funk Fest Beach Party, Neptune’s Fall Wine Festival, and countless mindblowing oceanfront live music events. Plus, few places can beat Virginia Beach regarding out-of-the-box recreational activities and green spaces.
Undoubtedly, people wouldn’t feel so secure if the local economy wasn’t steady. Stats on average revenue and median household income (outdoing the national average) serve as evidence that the economy in Virginia Beach is, in brief, booming.
The downers of living in Virginia Beach
There’s no light without some shadows hanging over.
The Jets are rambunctious!
Residents often report that living on the beach requires putting up with the aggravating noise generated by jets flying by. Did you know that several military air force bases are stationed next to Virginia Beach, such as the Naval Air Station Oceana? You can find (and hear it) on the eastern side of Virginia Beach.
Suppose you don’t particularly fancy the experience echoing living next to an airport. To prevent unpleasant surprises, we recommend you look into the noise-zone map before selecting a specific neighborhood and contact skilled and licensed realtors in the city!
Humidity and little flying monsters
Unfortunately, the humidity in the area can get genuinely high during summer, creating the perfect environment for mosquitoes to thrive. But they don’t take a liking to all blood types!
A slightly higher cost of living
Though the local economy is in tip-top shape, with an unemployment rate significantly lower than the national average, you’d better prepare yourself for higher prices. As a result, the cost of living in Virginia Beach was about 5.6 percent higher than the US median and four percent pricier than the state average at the end of 2021.
Conclusion
Virginia Beach offers royal treatment to all its visitors and new residents. The sunny resort city effortlessly satisfies every target demographic’s housing, job, economic, and recreational demands, regardless of age and interests. Therefore, Virginia Beach successfully launched itself to dethrone the best places to live in Florida regarding trending relocation destinations in the US.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
A window in a roof or ceiling of a structure from which light enters the house. ...
A rectangular area bordered on all sides by buildings. Often, a quadrangle is grassy with decorative landscaping. A quadrangle can be found in a central business district or on the site ...
Administrator of estate is a term used in common-law jurisdiction for a person assigned a particular responsibility. The administrator of estate definition describes a court-appointed ...
The term foraging comes from the old germanic language, which passed through Old French “fuerre” and “fourrage” and it means the search for wild food resources. ...
Document describing the benefits and provisions for people or businesses covered by group insurance. Document in life and health insurance issued to a member of a group insurance plan ...
Surveyor's use of hypothetical lines to portray a properties position. North to South in the meridian line while East to West is the base line. ...
Also called a title defect. Any claim, lien, or encumbrance which, if valid, may impair the owners title to the property. This cloud does not hinder transfer of ownership on the property, ...
Fee charged by a lender to a borrower for a standby commitment. ...
Property of a defaulted borrower is sold under court order, and the judge must approve the amount received. For example, Fidelity Bank has a first mortgage balance of $100,000 on Mr. X's ...
Have a question or comment?
We're here to help.