23462, Virginia Beach, VA

The 23462 zip code of Virginia Beach, VA has a median home value of $225,000. This is higher than the national median home value of $177,500. The 23462 zip code also has a lower than average percentage of homeowners with mortgages at 66%. This is higher than the national mortgage percentage of 63%.

The 23462 zip code has a high percentage of owner-occupied homes at 82%. This is higher than the national owner-occupied home percentage of 71%. The 23462 zip code also has a high percentage of renter-occupied homes at 18%. This is lower than the national renter-occupied home percentage of 22%.

There are many factors that contribute to the high median home value and homeowner percentages in the 23462 zip code. These include low unemployment rates, low crime rates, and an abundance of amenities such as beaches and parks. Additionally, many homeowners in this area have invested in property improvements such as new roofs or updated landscaping which have increased their homes' values.