23452, Virginia Beach, VA

The 23452 zip code of Virginia Beach, VA has a population of about 197,000 people. The median household income in this zip code is $86,000 which is above the national median household income of $59,445. The median home value in this zip code is $247,500 which is above the national median home value of $177,500. This indicates that there are more homes in this zip code that are worth more than the national average.

The percentage of homes in this zip code that are worth more than the national average is 54%. This indicates that there are a lot of homes in this zip code that are worth a lot more than the average home value across all U.S. ZIP codes. This may be due to the fact that there are a lot of high-income households living in this zip code or it may be due to the fact that there are a lot of luxury homes located in this area.

One reason why home values may be higher in this area is because there is less competition for property ownership here than there is elsewhere in the U.S.. This means that homeownership rates are higher and therefore demand for property increases as well (this also contributes to increased prices). Additionally, many people who live in this area have access to good schools and excellent transportation options which can also contribute to high home values (these amenities can be difficult to find elsewhere).