• Click Here to Subscribe to Email updates

  • psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This website is authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move to Williamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities, condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry, Va Beach, Yorktown and York County Virginia You can reach John by email John@MrWilliamsburg.com or phone @ 757-254-813
  • RSS Colonial Williamsburg News

    • From the Garden: Of Kales and Coleworts
      Now that we are experiencing nearly nightly frosts the kale, or coleworts as the ancients term it, are at their finest. Tuscan kale There are a number of varieties of this most useful gree,n but one in particular has garnered much attention and admiration by the modern ... Continue Reading »
    • A Thirst for History: Old Stitch Beer
      This week on the podcast, Master of Historic Foodways Frank Clark details his 20-year quest to recreate the perfect 18th-century brew. Rounded in flavor, middling in alcohol content, and deep caramel in color, his “Old Stitch” reached a perfection recognized in the United States Beer Tasting Championship’s 20th annual competition. Listen now.
    • Have you heard these Revolutionary heroes’ stories?
      Their names are sometimes footnotes in history, but many of these heroes stood shoulder to shoulder in the fight for independence with the founders of a new nation. Some of their stories are featured on the American Heroes Channel’s broadcast “The American Revolution,” which premieres Monday, Dec. 15 at 9 p.m. You can learn more about ... Continue Reading » […]
    • Shakespeare Comes to the Palace
      By Toni Guagenti For a brief time this holiday season, the grand ballroom at the Governor’s Palace will be transformed into a Shakespeare theater for the very first time. Andrea Squires, who plays Maria in “Twelfth Night,” rehearses a scene with John Cauthen as Sir Toby Belch ... Continue Reading »
    • HERO has tools to teach the American story
      By Dale Van Eck Children today are different! But not just because they mature years earlier than children did even a couple of generations ago. Not just because of the clothes they wear or don’t wear. Not just because they dye their hair and style it differently than we did when we were that age. No, ... Continue Reading »
  • Flickr Photos

    front1

    upstairs closet

    upstairs bedroom2

    More Photos

Virginia Beach Real Estate- Median Income Facts

va beachHere is a surprising fact. Forbes Magazine looked at the 2004 US Census and came up with a list of cities with the highest median income.  You would think that LA, New York City would definitely be on the list of the top 10. Not so.

Surprisingly our own VA Beach was ranked 4th on the list.

Median income is the level at which half of the households make more and half less.

 San Francisco and Washington, D.C., are in the top 10 as well although New York, Boston and Miami are nowhere to be seen in the top ten. California cities make up 40% of the rankings, and the rest is made up by some surprising locales, including Anchorage, Raleigh, N.C., and Virginia Beach, Va. While pleasant places, they aren’t generally thought of as homes for the rich and famous.

What gives? A combination of local economic strength, geographical quirks and the limitations of the analysis, which measures the middle of the income distribution, rather than the extremes.

Newer cities also have higher median incomes than more established places, like Boston or Chicago, because they are growing and have people moving in rather than out. Look just outside the city of Philadelphia (which also did not make the top ten), for example, and you will see an abundance of wealthy suburbs.

Virginia Beach is also helped by its strong military economic base. Military areas tend to have less-extreme income distributions (a reason San Diego makes the list as well), and retirees in the area tend to have comfortable military pensions.

 

Rank

City

State

Median Household Income

Median Home Price

1

San Jose

California

$71,765

$625,000

2

Anchorage

Alaska

$61,595

$294,374

3

San Francisco

California

$60,031

$726,900

4

Virginia Beach

Virginia

$55,781

$192,000

5

San Diego

California

$51,382

$605,600

6

Anaheim

California

$49,622

$696,100

7

Raleigh

North Carolina

$47,878

$185,200

8

Seattle

Washington

$46,650

$310,300

9

Washington

District of Columbia

$46,574

$429,900

10

Honolulu

Hawaii

$46,500

 

Click here to search all homes, town homes, condos, building lots, 55+ communities, golf course communities both new and resale for sale in Va Beach , Virginia

Follow

Get every new post delivered to your Inbox.

Join 1,457 other followers