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Portsmouth, VA 23701 has a population of approximately 23,731 and experiences a population change rate of -13.07%. The population density is 3,174.7 / sq mi .
The median household income for Portsmouth, VA 23701 is $57,082, with 9,518 households and an average household size of 2.49.
The median value of a home in Portsmouth, VA 23701 is $225,300 with an appreciation rate of 12.90%. 58.91% of housing in the state is owned while 31.85% is rented.
The cost of living in Portsmouth, VA 23701 is 98.3 %.
The unemployment rate in Portsmouth, VA 23701 is 3.20%, and recent job growth is at 3.17%. Future job growth is projected at 42.26%.
The sales tax rate in Portsmouth, VA 23701 is 6.00%, while the income tax rate is 5.75% .
School expenditures in Portsmouth, VA 23701 are $12,640, and the school ratio is 14.3:1.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 33.3 degrees. The average rainfall is approximately 47.4 inches per year, with 4.9 inches of snow per year.
