More than three million tourists come to Virginia Beach each year, but this idyllic beach town is more than just a summer getaway. It’s a place to call home. In 2017, it had more than 450,000 permanent residents. And that number continues to grow as more and more people discover the perks of living in Virginia Beach.
Stunning views of the Atlantic, gorgeous waterfront homes, and a spectacular job market encompassing the government and civilian sectors make it a huge draw for newcomers. Its friendly, laidback environment makes it perfect for those who want to slow down and focus on what’s really important – building a career, nurturing relationships, and cultivating a variety of interests.
Located at the mouth of Chesapeake Bay, the city sits squarely in the Coastal Virginia region. It spans 497 square miles, including 38 miles of pristine coastline. It was home to the Chesepian people before the arrival of European settlers. Initially developed as an agricultural area, Virginia Beach blossomed into a popular resort city with the construction of the railroad and the opening of its first hotel.
Today, it retains much of its resort city vibe, with a host of family-friendly attractions and a fun-filled environment.
Real estate in Virginia Beach, VA
Population and job growth continue to drive developments in Virginia Beach real estate. Virginia is expected to become the 10th most populous state in the United States by 2040. Virginia Beach, for its part, has seen an average of .49% population growth since 2009.
The economy has expanded since 2011, having recouped nearly all the jobs that were lost during the downturn of 2008 to 2010. The job market offers niche opportunities in various sectors, from hotelier positions to contractor jobs. The government is the largest sector, accounting for over 20% of payrolls. The city has the largest concentration of military personnel outside of the Pentagon.
There are several projects in the pipeline, including a new neighborhood called Shea Farm that is set to rise on Elbow Road and will feature distinctive single-family homes. Several structures, including a historic home, have been torn down to make room for new developments such as this one.
The city’s most desirable areas include:
- Great Neck
- Little Neck
- Princess Anne
Major developers have focused on building up the resort area to drive tourism. High-profile developments can be found along the Virginia Beach Oceanfront, a three-mile boardwalk in the southeastern portion of the city on the Atlantic coast. These include the newly opened Cavalier Beach Club, an upscale facility with a massive pool and terraced decks.
Living in Virginia Beach, VA
Virginia Beach and Boardwalk
The three-mile promenade runs along the beach, offering scenic views of the water and the sunrise. It’s the perfect place to go biking, walking or people-watching.
First Landing State Park
Located on Cape Henry, the park encompasses 2,888 acres. It offers countless opportunities for swimming, boating, fishing, hiking, biking, and picnicking. Guests can stay overnight at the well-maintained campsites.
This historic hotel has been restored to its former glory. Guests can look forward to a five-star spa, three on-site restaurants, plush accommodations, and the newly opened Cavalier Beach Club. The hotel is listed on the National Register of Historic Places.
Veterans United Home Loans Amphitheater
Watch a live performance at the amphitheater. Artists like Jimmy Buffet, Jack Johnson, and Luke Bryan have performed here.
Naval Air Station Oceana
This base is home to over 10,500 Navy personnel, 10,000 family members, and the largest Fleet Replacement Squadron. It features runways spanning more than seven miles, as well as the most advanced equipment serving military air traffic.