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	2007-2008 Economic Facts Brochure
POPULATION:	100,500
MEDIAN AGE:	34.9
RACIAL MIX:	White: 45.5% Black: 50.3% Other:  4.1%
HOUSING UNITS:	42,924
NEW RESIDENTIAL CONSTRUCTION AVG. SALE PRICE:	$252,657
RESIDENTIAL RESALE AVG.:	$191,233
AVERAGE HOUSEHOLD INCOME:	$53,077
EDUCATIONAL ATTAINMENT:	High School Graduate & Some College: 55.5% Associate's/Bachelor's/Graduate Degree 19.8%
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:  Demographics Now, Residential DataBank & Virginia Employment Commission