Facts Forward

Portsmouth’s facts tell the story of an historical city setting a firm course toward its future. A low cost of living, low unemployment rate and value in residential properties, not to mention the enjoyment of life in a traditional home town, set Portsmouth apart.

2007 Demographics	2006-2007 Economic Facts Brochure
POPULATION:	99,546 (estimate)
MEDIAN AGE:	34.8
RACIAL MIX:	White: 43.49% Black: 52.36% Other:   4.15%
HOUSING UNITS:	42,191
NEW RESIDENTIAL CONSTRUCTION AVG. SALE PRICE:	$270,675
RESIDENTIAL RESALE AVG.:	$183,269
AVERAGE HOUSEHOLD INCOME:	$51,463
EDUCATIONAL ATTAINMENT:	High School Graduate & Some College: 52.6% Associate's/Bachelor's/Graduate Degree 25.2%
CIVILIAN LABOR FORCE(2006):	Portsmouth: 45,435 Hampton Roads Region/MSA: 797,392
UNEMPLOYMENT RATE (2006):	Portsmouth: 4.3% Hampton Roads Region/MSA: 3.0%

Sources:  Claritas, Residential DataBank & Virginia Employment Commission