• 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

    • Making a Market(ing) List
      Making LOTS of bricks (photo credit: Fred Blystone). As the last blog post suggested, our Market House design is based on historic precedent, and the material choices have been determined by what was available in Williamsburg during the 18th century. The foundation will be made of ... Continue Reading »
    • A little something sweet for National Cookie Month
      By Aine Cain Dessert really is timeless. Cookies, cakes, biscuits, crackers – We think of them as distinctive snacks, each with a personality all its own. Not so in the 18th century. Cracknels So for National Cookie month, we’ll pause to chew on the history of this delicious baked snack. Cookies ... Continue Reading »
    • ‘Something Wicked’ just one of the things in our bag of Halloween entertainment
      By Toni Guagenti The sun wanes through the oversized windows of the Apollo Room at the Raleigh Tavern. An electric lantern shines just enough light on the wide-plank wood floor to cast eerie shadows – which is appropriate for the conversation being held within the room’s four walls. The room is meant to represent a meeting room ... Continue Reading »
    • A Window to Bruton Parish Church’s Past: A celebration of 300 years of history and ministry
      By Karen Gonzalez Bruton Parish was established in 1674 from the merger of two local parishes. The church building quickly became too small for the area’s growing population and was continually expanded to accommodate more parishioners. Eventually Virginia’s royal governor, Alexander Spotswood, drafted plans for a cruciform-shaped church. Rector James Blair […]
    • From the Garden: A Persian Pleasure
      The pomegranates are now in their perfection. Pomegranate fruit Many visitors to Williamsburg are surprised to see this exotic fruit in the garden, but the pomegranate has a long history in Virginia. Pomegranates were first recorded in Virginia by Robert Beverley in 1705 and George Wythe of Williamsburg ... 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 1,440 other followers