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Virginia Beach, VA Employment Information
Virginia Beach, Virginia Overview
Virginia Beach is a bustling city of about 450,000 located on the Atlantic Ocean and the mouth of the Chesapeake Bay. The city is a popular tourist destination, welcoming nearly 5 million visitors to its sandy beaches each year; in fact, you can find Virginia Beach in the Guinness Book of Records for the longest stretch of pleasure beach in the world.
While the city is the most populous in the state of Virginia, its historical roots only reach back to the late 1880s, when rail service and electricity allowed for the development of resort community in Princess Anne County. Virginia Beach became an independent city in 1952.
If you're relocating for jobs in Virginia Beach, VA, the cost of living is 2.2 percent higher than the national average according to Forbes, and the median household income is $51,411. Housing prices are slightly above the national median at $191,300, up 2.4 percent from last year; the national housing median is $181,400.
Virginia Beach Job Opportunities
The city's economy is driven by tourism, which provides over 14,900 Virginia Beach, VA jobs. The Convention Center, which opened in 2005, drives the continued growth in tourism, since visitors now flock to the town center as well as the city's beaches.
The military and defense industries also provide many jobs in Virginia Beach; the Naval Air Station Oceana, Training Support Center Hampton Roads and Joint Expeditionary Base at Cape Henry are all within city limits. NAS Oceana is the largest employer for Virginia Beach jobs, with 11,000 military personnel and 1,700 civilian employees.
Other major employers of Virginia Beach jobs include GEICO, Stihl, which maintains its American headquarters here, Amerigroup and the Christian Broadcast Network. Search for Norfolk jobs. for other nearby employment opportunities.
Virginia Beach Employment Trends
As of July, 2014, Virginia Beach had a relatively low unemployment rate of 5.1 percent, about one point lower than the national average. Job growth over the past year was just 0.5 percent, below the national average of 2.2 percent, which was likely due to larger than average drops in government and defense jobs in 2013.
Forbes ranks Virginia Beach as the 118th best place for business and careers and 122nd in job growth. While the hospitality and tourism sector is always a steady source of employment, there has been a recent boom ineducation jobs in Virginia Beach, with 3.3 percent growth, compared to the national average of just 1.9 percent. Healthcare jobs are also growing at an above-average rate.