A town in Virginia, Portsmouth has a population of just under 96,000. The city's population, with an average age of just over 37, is younger than most cities in Virginia. By a small 54%-46% margin, homeowners are slightly more common than renters in Portsmouth. With a relatively low average rent of $1,015/month in the city, renting remains an affordable option, particularly compared to other cities in Virginia. Over the course of a year, renters in Portsmouth will save around $3,200 compared to the state average.
Portsmouth has an average commute time of about 26 minutes. Many residents (41%) commute to work by car or truck, while public transportation is not used much. A small percentage of commuters (2%) walk to work, though the number exceeds the national average.
Portsmouth has a relatively large concentration of residents over the age of 25 who have earned a high school degree or equivalent (20%) compared to the Virginia average. Additionally, 14% have a Bachelor's, Master's, Professional, or Doctoral degree. There are two primary industries in Portsmouth: healthcare and retail. Together, these industries account for 13% of the workforce in the city. Meanwhile, in terms of job function, many of the city's residents work in sales, as 7% of the city's population reports this as their field of work, the highest number of any career path. With an average annual income of around $59K, Portsmouth workers bring in about $29,000 less than their peers elsewhere in the state. Portsmouth's average income also falls below the national average of $73,345.